KANSAS CITY - (08/09/05) -- Jurors who convicted a man in themurder of a federal witness to a credit union robbery couldn'tagree on a sentence last week, so the judge sent him to prisonwithout parole. Prosecutors had requested the death penalty forXavier Lightfoot, who lived with the witness, who was cooperatingwith investigators in the 1997 armed robbery at Educators FCU inOmaha and two jewelry stores. Lightfoot and an accomplice,Cornelius Peoples, were convicted in the 1998 murder of John W.Hogsett, who lived life as a woman named Jovan Ross. It was thesecond trial in the case for Lightfoot, who was convicted in 1999but his verdict overturned on appeal. Three other accomplices havebeen convicted in the case, including Carl Haskell, who wassentenced to life in prison for killing Hogsett.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
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Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
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In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
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Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
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Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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