Malala Yousafzai recalls becoming a Taylor Swift fan in Pakistan
Malala Yousafzai has recalled a childhood memory in Pakistan that helped make her a Taylor Swift fan. The Nobel laureate shared the story during a recent interview while discussing her connection with Swift’s music. She remembered singing the pop star’s songs with her school friend Moniba. Yousafzai said she and Moniba loved singing Swift’s songs […]
Travis Kelce, the husband of pop superstar Taylor Swift and tight end for the Kansas City Chiefs, was among the victims allegedly duped in a $35 million Ponzi scheme orchestrated by Indian-origin man Siddharth Jawahar. Jawahar, who pleaded guilty to three counts of wire fraud in January, was sentenced to 11 years in prison and ordered to pay $31.35 million in restitution.
According to court documents, Jawahar, a resident of the US without legal status since 2005, operated a Texas-based investment company called Swiftarc Capital LLC. The scheme began accepting money from investors in 2015 and operated as a Ponzi scheme, using funds from newer investors to pay earlier investors and inflate returns.
The US Attorney's Office reported that Jawahar received over $35 million from investors but only invested around $10 million between 2016 and 2023. Kelce, who has invested alongside other professional athletes including NBA players Gary Harris, Tim Hardaway Jr., and Mason Plumlee, invested an unspecified amount in the scheme.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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