Red diesel trial collapse shows ‘systemic disclosure failings’

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Cigarette traffickers cheated New York out of $25M in taxes: suit

A city lawsuit targeting illegal cigarette traffickers charges the illegal enterprise sent $25 million in New York tax revenues up in smoke. The 39-page suit, filed Wednesday in Manhattan Federal Court, accuses a North Carolina wholesale cigarette distributor and three Tar Heel state convenience stores in the lucrative scam. “These defendants allegedly cheated the city and state out of millions of dollars in revenue that should be used for the people of New York,” said Bronx District Attorney Darcel Clark. “They also undercut law-abiding businesses that serve our neighborhoods and cannot compete with stores selling untaxed, cheap cigarettes.” According to the lawsuit filed by city Corporation Counsel Zachary Carter, wholesaler H&H Distributors peddled cartons of cigarettes to the trio of North Carolina retailers — with a state sales tax of $4.50 a pop. “The H&H defendants made those sales … with full knowledge that the North Carolina retailers intended to and d...
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Investors and entrepreneurs need to address the mental health crisis in startups – TechCrunch

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More posts by this contributor Driving the new American century Specialization, Polymaths And The Pareto Principle In A Convergence Economy Colin Kroll, was the co-founder of Vine and HQ Trivia, both consumer sensations that brought joy to millions; Anthony Bourdain, had been a chef, journalist and philosopher, who brought understanding and connectedness to millions of lives; while Robin Williams built a career as a brilliant comedian and actor. What these three share in common is that they were all people at the pinnacle of their industry and they all died too soon. Their premature loss is a tragedy. The most brilliant and creative amongst us are sometimes the most troubled and nowhere is that clearer than in the entrepreneurial ecosystem. With each passing unnecessary death the importance of mental health comes briefly into focus… but that focus lasts no longer than a news cycle and nothing changes. The time for lip service came and went long ago. We must take these issues...
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