Joseph M. Moore, 43, was sentenced to one day in custody followed by a year of home detention. On top of that, he’ll serve three years of supervised release, give up $200,000, and pay a $7,200 fine. U.S. District Judge Mark A. Kearney handed down the sentence in federal court.

Authorities say Moore’s gambling business operated for roughly eight years, beginning in early 2017 and continuing until February 2025. During that time, prosecutors said, he took bets on sporting events and organized so-called block pools and other group betting schemes.

Moore admitted guilt in October 2025, pleading to a single charge of running an illegal gambling business. His co-defendant, James P. DeAngelo, 45, is also from Philadelphia and entered a guilty plea at the same time. DeAngelo is scheduled to be sentenced on April 30, 2026.

How former probation officer ran illegal sports gambling business in Philadelphia

Court records describe a setup where bettors had several ways to place wagers through what prosecutors called the Moore Gambling Business. People could bet on individual games or buy into sports pools, some with entry fees as high as $500. The pools sometimes paid out thousands to winners.

According to prosecutors, Moore collected roughly 10% of winnings from successful bettors as a fee. For standard wagers, his cut was built directly into the odds or cost of placing the bet.

Investigators say DeAngelo, a Philadelphia police officer, played a major role in keeping the operation running. Prosecutors said he worked closely with Moore, brought in another associate, and helped connect the business to an overseas gambling website, which allowed users to open accounts and place bets through Moore’s network for a fee.

DeAngelo also earned a percentage of bettors’ losses, sometimes as much as 20%, according to prosecutors. In some situations, he took bets himself. In others, authorities say he steered customers toward Moore’s wider operation.

Over the years, the business handled wagers from hundreds of people and took in hundreds of thousands of dollars, prosecutors said. The FBI investigated the case, which is being handled by Assistant U.S. Attorney Louis D. Lappen.

Federal prosecutors have stated that this case is separate from other recent illegal gambling prosecutions in Pennsylvania. In those matters, amusement and novelty game companies pleaded guilty to running unlawful gambling operations tied to gaming machines.

Featured image: Canva

The post Ex Philadelphia probation officer sentenced in illegal gambling case appeared first on Our Story Insight.

The Jane Fraser-led lender named Gonzalo Luchetti, currently the bank’s head of US personal banking, as his successor.

Citi said on Thursday that Mark Mason, chief financial officer of the Wall Street giant since 2019, will leave the company next year. citi

Mason, who has been the company’s CFO since 2019, will become executive vice chair and senior executive advisor to chair and CEO Fraser starting in the spring.

But the US financial giant said that the Queens native will leave the bank before the end of next year so he can “pursue his leadership aspirations outside of Citi.”

Mason, who joined Citi in 2001, said in a statement that “serving as CFO for the last seven years” was “one of the most demanding and fulfilling chapters of my career.”

Scotland-born Fraser, 58, said that the former Goldman Sachs banker “has proven himself to be a leader for all seasons, having helped Citi navigate some of our most challenging times.”

Fraser named Gonzalo Luchetti, an Argentine national, as the firm’s incoming chief financial officer REUTERS

Luchetti, who previously worked at JPMorgan Chase and Bain & Company, will take over as CFO once the firm files its year-end reports for 2025 in March.

Citi said the Argentine national, who has been the head of US banking since 2021, had presided over solid business growth since taking up the post while modernizing its branch network and successfully strengthening risk and controls.

Luchetti used to work for JPMorgan and the consultancy Bain & Company LinkedIn/Gonzalo Luchetti

“The evolution of our leadership team and structure is well timed as it puts in place our next generation of leaders ahead of our upcoming investor day [in May] when we will lay out our plans to further grow our returns,” Fraser added.

The British-American CEO was handed a one-time bonus last month worth $25 million, along with just over 1 million stock options potentially worth tens of millions of dollars more.

The Harvard Business School graduate is in the midst of her turnaround plan to slash costs and streamline operations.

The cost of a Citi share stood at $97.63 just after the closing bell on Thursday, with the announcement of the bank’s management reshuffle being made shortly afterwards.

The post Citi chief financial officer Mark Mason to leave bank next year appeared first on Our Story Insight.

Marie Thompson, 29, has been jailed for three years and four months after an investigation by South Yorkshire Police’s Professional Standards Department (PSD), as detailed in a report from the police force. The former police constable was found guilt of blackmailing a suspect in one of her own cases.

In 2023, Thompson, who was working in Doncaster, anonymously reached out to a suspect she was investigating. She used a fake email account to attempt to force a £3,500 ($4,600) ransom from the suspect to keep the allegations against them quiet.

The suspect took the blackmail to the police, with the case then allocated to Thompson as it was thought to be connected to her ongoing investigation. Thompson recorded false notes that the suspect did not want to pursue further steps in the investigation.

Another anonymous email was sent by Thompson a few days later, under the subject line: “I’m so sorry.” The email said that the sender was desperate, apologized for the previous blackmail attempt, and promised to stop all contact. Suspicions were nonetheless raised against Thompson, leading to a PSD investigation and then her arrest in October 2023.

Thompson was still in her probation period with South Yorkshire Police and was immediately suspended upon her arrest. Further investigation from PSD found that the emails had been sent from her personal laptop and that Thompson was in “significant debt through gambling”, although the exact amount is not publicly known.

Police officer charged and sentenced

After pleading guilty at Leeds Crown Court on September 4, Thompson was sentenced to three years and four months in prison for blackmail and perverting the course of justice. She has also been served with a Regulation 13 notice, which deems her unfit to serve as a police officer.

“Thompson’s crimes are shameful and cast a shadow over the excellent work being delivered for our communities by policing colleagues driven by fairness, integrity and trust,” said Detective Constable Alexandra Furniss, the officer in charge of this case.

“There is no place in our force for police officers who fail to live and work by our values and standards. Our work to root out these individuals continues in our tireless bid to ensure our force builds and maintains the trust and confidence of the public.”

A similar story was reported last month in Australia’s New South Wales, where a police officer sold gold bars to fund his gambling debts.

Featured image: South Yorkshire Police

The post Former police officer jailed for blackmailing suspect to repay ‘significant’ gambling debts appeared first on Our Story Insight.

Between February 2024 and June 2024, Cagno worked with the owner of BW Media Consulting, LLC. The pair solicited investments from the other cop, who hasn’t been named, while they were “recovering from a serious illness.” That cash, the reported $200,000, was instead used for the following:

• OnlyFans
• Gambling
• Buying a vehicle
• Paying off credit card debt
• Payments on his home
• Eating out

For those unaware, OnlyFans is a subscription-based website that users can access adult content through. Users subscribe to individuals on the site to receive that content directly, but will often have to pay additional fees for further access.

According to the press release and investigation, Cagno then spent the $200,000 “within” two months. His arrest came on September 17, and he will be in court on October 22, 2025. He was released by the judge overseeing the case due to it being “non-bail eligible under current New York State law”.

Nassau cop “preyed” on colleague to fuel gambling expenses

Quoted in the press release, District Attorney Tierney said:

“The allegations here represent a shocking abuse of the essential trust that exists between fellow police officers.

“This defendant is alleged to have preyed upon that trust for his own financial gain, and in so doing, violated one of the most important bonds in law enforcement.”

The Suffolk County District Attorney has put the call out for anyone who believes they might have been victimized by Cagno to call them on: (631) 853-4626.

This comes just months after another Nassau County ex-cop was accused of “selling his badge” to the local mob. Hector Rosario was eventually found out after lying to the FBI about his connections to the Bonanno crime family.

Featured image: Nassau County Police

The post Nassau County police officer arrested after spending colleague’s cash on gambling, OnlyFans appeared first on Our Story Insight.

Mira Murati, the former chief technology officer of OpenAI who unexpectedly left the company in September, has helped found a new artificial intelligence start-up called Thinking Machines Lab, adding to the wave of young companies that have been formed in the race to lead A.I.

Thinking Machines Lab aims to “make A.I. systems more widely understood, customizable and generally capable,” according to a blog post from the new company. It said it would freely share its technologies with outside researchers and companies, a practice known as “open source.”

Thinking Machines Lab declined to say if it has raised money.

Ms. Murati, 36, was among OpenAI’s top executives and researchers who left the company after the surprise ouster of its chief executive, Sam Altman, in November 2023 and his reinstatement five days later. Some of them had clashed with Mr. Altman over the direction of OpenAI and its philosophy over A.I., a powerful technology that has implications for jobs and society.

Other former OpenAI executives, including the co-founder and former chief scientist Ilya Sutskever, have since created their own A.I. companies. Their start-ups, along with giant companies like Google, Meta and Microsoft, are part of the global race to build increasingly powerful A.I. technologies.

(The New York Times has sued OpenAI and its partner, Microsoft, claiming copyright infringement of news content related to A.I. systems.)

OpenAI captured the world’s imagination in late 2022 with the release of ChatGPT, an online chatbot that could answer questions, write term papers, generate computer code and mimic human conversation. Mr. Altman became a face of the A.I. movement.

But in November 2023, four OpenAI board members ousted him, saying they could not trust him with the company’s plan to one day create a machine that can do anything the human brain can do. Ms. Murati, who joined OpenAI in 2018, was named to lead the company after Mr. Altman’s removal, but she rejected the role two days later. She stayed on at OpenAI after Mr. Altman returned.

The Times reported last year that Ms. Murati had written a private memo to Mr. Altman in the months before his ouster, raising questions about his management and sharing the memo with OpenAI’s board. A lawyer for Ms. Murati denied the claims at the time.

When she left OpenAI, Ms. Murati said she was stepping away to “create the time and space to do my own exploration.” She did not provide details.

The post Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company appeared first on Our Story Insight.