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FEMA Officials Charged With Puerto Rico Hurricane Aid Fraud

Federal Emergency Management Agency officials who oversaw the reconstruction of Puerto Rico’s electrical grid and the former president of Cobra Acquisitions were arrested on fraud and conspiracy charges linked to recovery efforts from Hurricane Maria, according to federal prosecutors. FEMA’s … Source: Claims Journal

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Viewpoint: It’s Time to Regulate Outer Space

Last week, the European Space Agency reached out to to warn Elon Musk’s Space Exploration Technologies Corp. that one of its satellites might collide with a SpaceX communications satellite. When ESA first raised such concerns in late August, the chances … Source: Claims Journal

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Business News: FloodMapp, Ironshore, Sedgwick

FloodMapp Announces U.S. Launch of Flood-Prediction Technology FloodMapp, a firm founded in Brisbane, Australia that provides predictive flood modeling, will soon offer its product in Texas and Florida. The company said in a press release that FloodMapp uses a proprietary … Source: Claims Journal

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Hackers Net $4.2M in Cyber Theft from Oklahoma Pension Fund

OKLAHOMA CITY — The FBI is investigating after computer hackers managed to steal about $4.2 million in funds from a pension system for retired Oklahoma Highway Patrol troopers and other state law enforcement officers, state officials said Friday. A notice … Source: Claims Journal

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Facebook Faces Massive Damages in Cambridge Analytica Suit

Facebook Inc. users suing over the social network’s worst-ever privacy scandal gained leverage to pry into its internal records to back up their claims that it failed to safeguard their personal data, exposing the company to potentially billions of dollars … Source: Claims Journal

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