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In 1922, KIL&T built the world's largest stone crushing plant at Marblehead. It also owned many lime kilns and produced lime products. The company operated 3 ft (914 mm) gauge Shay steam locomotives to move raw stone around its quarries until World War II. KIL&T purchased 65 new Shays from the Lima Locomotive Works (Lima, Ohio) over the years.
In early 2019, in the Kapa investment scam, the Philippine government shut down Kapa-Community Ministry International and its self-declared pastor, Joel Apolinario. [ citation needed ] In January 2020, the SEC filed a federal case against a Californian couple, Jeff and Paulette Carpoff, charging them of organizing a $910 million Ponzi scheme.
Overall, Vulcan ranked among the top 10 companies in the Fortune 1000 for both long-term investment and social responsibility. In January 2014, Vulcan Materials announced they would be selling their Florida Rock Industry (cement and ready-mixed concrete) plants and equipment to Cementos Argos, of Colombia. In March 2014, Vulcan was able to ...
Mining scams in India (colloquially Indian mining scam) refers to a series of alleged widespread scams in various ore-rich states of India, which has generated controversy. Such issues span encroachment of forest areas, underpayment of government royalties, and conflict with tribals regarding land rights. [ 1 ]
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the ...
Charles Ponzi, the namesake of the scheme, in 1920. A Ponzi scheme (/ ˈ p ɒ n z i /, Italian:) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1]
The quarry and plant are currently owned and operated by Carmeuse Lime and Stone, with 115 employees. [18] [22] [23] It has been described as a "man made Grand Canyon," as it is more than 150 feet (46 m) deep. [8] [14] [20] This is one of several dozen limestone quarries that have been located in Michigan.
The country's top doctor wants a new warning added to alcohol that would alert drinkers about links to cancer, but don't expect cigarette-style warning labels any time soon.. U.S. Surgeon General ...