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Tag: scheme

US retirement village to have 'largest' self-driving taxi scheme

US retirement village to have 'largest' self-driving taxi scheme

Technology
One of America's largest retirement villages will have a fleet of self-driving taxis introduced next year.US firm Voyage said it will start rolling out the service at The Villages, Florida which is home to 125,000 senior residents.It said the scheme, spanning 750 miles of road, would be the "largest by area size" in the world.It comes as safety concerns about self-driving cars persist after testing problems and some accidents.Voyage already operates a handful of driverless taxis at another retirement community in San Jose, California, also called the Villages, but said it had begun testing vehicles in Florida ahead of a much larger roll-out. Once the scheme is fully operational, it said all residents would be able to summon a self-driving car using its mobile app. "[Then they can] travel ...
The SEC busted an alleged $1.2 billion Ponzi scheme. Here's how not to be victimized.

The SEC busted an alleged $1.2 billion Ponzi scheme. Here's how not to be victimized.

Finance
The Securities and Exchange Commission on Thursday announced charges against a group of unregistered funds and their owner, for allegedly fleecing retail investors through a $ 1.2 billion Ponzi scheme. The victims include more than 8,400 individuals, many of whom are elderly.In a Ponzi scheme, the perpetrator generally takes money from one set of investors to pay off others, often earlier investors or simply diverts the proceeds for private gain.Fraud complaints have increased by 60 percent in the last five years, according to the Federal Trade Commission. "The frightening truth about fraud is scammers scam and liars lie," said Gerri Walsh, senior vice president of investor education at the Financial Industry Regulatory Authority, or FINRA, which regulates brokerage firms.To lessen the cha...
FCC stonewalling probe of 'massive' fake net neutrality comments scheme: NY AG

FCC stonewalling probe of 'massive' fake net neutrality comments scheme: NY AG

Technology
New York Attorney General Eric Schneiderman released an open letter to Federal Communications Commission Chairman Ajit Pai, accusing the agency of stonewalling his office's investigation into what he called a "massive scheme" to inundate the FCC's public net neutrality review process with fake comments. "The process the FCC has employed to consider potentially sweeping alterations to current net neutrality rules has been corrupted by the fraudulent use of Americans’ identities and the FCC has been unwilling to assist my office in our efforts to investigate this unlawful activity," Schneiderman wrote to Pai, a Republican appointed to head the agency by President Donald Trump. Net neutrality rules prevent internet service providers like AT&T, Verizon, Comcast and others from charging
NHS Airbnb-style scheme 'not ruled out' by minister

NHS Airbnb-style scheme 'not ruled out' by minister

Health
The idea of NHS hospital patients recuperating in Airbnb-style accommodation has not been ruled out, health minister Philip Dunne has said.Southend Hospital had been linked to a trial where hospital patients could be discharged to people's spare rooms.The hospital distanced itself from the idea following criticism by politicians and health groups.But Mr Dunne told BBC Radio 5 live he "wouldn't immediately reject it" as "one's got to trial different things".The pilot scheme, proposed in Essex, would have seen some 30 hospital patients staying in local residents' spare rooms instead of in hospital while they waited to be discharged.The idea followed warnings about delays in discharges from UK hospitals.Hospital backs off 'Airbnb beds' planAs part of the trial, healthcare start-up CareRooms s...
Daca Dreamers: Obama slams axing of young migrant scheme

Daca Dreamers: Obama slams axing of young migrant scheme

World
Former US President Barack Obama has attacked the Trump administration for scrapping his scheme to protect young undocumented migrants from deportation. The Deferred Action for Childhood Arrivals (Daca) programme was rescinded on Tuesday, in a move that could affect some 800,000 beneficiaries. While existing recipients will see no impact for at least six months, no new applications can now be made.Appealing to Congress, Mr Obama said the decision was "cruel" and "wrong".The so-called "Dreamers", mostly Latin Americans, were able to apply for work and study permits under the policy he introduced five years ago.Reaction as it happenedDaca revoked - what you need to knowThe Trump administration argues that the programme, which Mr Obama bypassed Congress in order to enact, was unconstitutional...