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Carlos Ghosn's Superyacht To Be Seized As Part of Legal Ruling

The Truth About Cars

Several years after the disgraced auto exec fled to Lebanon, the British Virgin Islands High Court ruled that he must surrender a superyacht allegedly purchased using funds he siphoned away from the automaker. Ghosn, his wife, and a company they used to buy the ship were also ordered to pay $32 million in damages.

Legal 104
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How Tesla stock and a PPP loan landed a man four years in jail

Teslarati

The Lebanon, Oregon resident Lloyd’s gains from the surging stock disappeared after federal investigators put two and two together, realizing his investments were funded by illegally-obtained PPP loans, which were used to keep small businesses alive as a part of the Coronavirus Aid, Relief, and Economic Security (CARES) act.

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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

Some of the countries in those regions have also been buying Ukrainian wheat (the country is the fifth-largest exporter of wheat) and sunflower oil, for which Ukraine provides half and Russia a fifth of global exports. This article appears in the September 2022 print issue as “Fuel, Food, and War.”.

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