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Today β€” 9 January 2025Main stream

Payroll startup Deel accused of laundering, sanctions failures in Ponzi scheme lawsuit

9 January 2025 at 14:39

Deel, a human resources and payroll startup founded by MIT alumni Alex Bouaziz and Shuo Wang, has been accused of a money laundering lawsuit alleging its involvement in a Florida-based Ponzi scheme. The suit claims Deel facilitated fund transfers tied […]

The post Payroll startup Deel accused of laundering, sanctions failures in Ponzi scheme lawsuit first appeared on Tech Startups.

More LA fire threats loom into Friday, NWS warns

9 January 2025 at 14:11

As wildfires incited by high winds and record dry conditions ravage Los Angeles County, the National Weather Service is warning of continued high-risk weather to come both this week and next.

The big picture: Winds will once again pick up Thursday evening into Friday morning across the Los Angeles region with damaging gusts in the foothills and the potential for additional fire spread, NWS forecasters said Thursday afternoon.


  • Forecasts call for wind gusts to 55 mph overnight Thursday into Friday, and more high wind threats are looming for LA County into early next week.
Computer model projections for median surface winds for Southern California on Jan. 14. Photo: Pivotal Weather

What they're saying: "Gusty Santa Ana winds will continue across the Southland into Friday, strengthening again tonight through Friday morning," NWS Los Angeles forecasters said in an online forecast discussion.

  • "Another round of gusty north to northeast winds will develop between Saturday and Sunday, then a stronger offshore wind event is possible between Monday night and Tuesday."
Forecast precipitation from the Weather Prediction Center for the lower 48 states, showing no precipitation likely for California through Tuesday. Photo: Pivotal Weather

Threat level: The Santa Ana wind event early next week looks particularly threatening due to a continued lack of rainfall with computer model projections predicting winds potentially reaching well above 50mph.

  • "There is concern that fire weather conditions could become exacerbated given the antecedent conditions, little rain across the area since the Spring of 2024, and another offshore wind event on top of all of what we have seen, so far," NWS forecasters wrote.
  • "Residents are urged to stay tuned to latest information and remain vigilant in steps to protect your life and property."

Catch up quick: The multiple Los Angeles County fires have burned at least 25,000 acres, caused five confirmed deaths and placed almost 180,000 residents under evacuation orders.

  • Los Angeles Unified schools and offices will remain closed on Friday, with almost two dozen school districts also planning full or partial closures.

More from Axios:

In just a handful of days, the blazes rapidly grew to some 29,000 acres or…

In just a handful of days, the blazes rapidly grew to some 29,000 acres or 45 square miles, roughly twice the size of Manhattan

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A fast-growing fire in Los Angeles on Tuesday, Jan. 7, sent residents β€” including celebrities β€” scrambling for safety as evacuations were ordered and hundreds of firefighters responded to the blaze being fueled by severe winds in the area. As of Tuesday afternoon, 30,000 residents have been evacuated from the Pacific Palisades and neighborhing areas.
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