Kansas City Chiefs superfan ChiefsAholic sent to prison for string of bank robberies | Canada News Media
Connect with us

News

Kansas City Chiefs superfan ChiefsAholic sent to prison for string of bank robberies

Published

 on

 

KANSAS CITY, Mo. (AP) — A federal judge has sentenced the Kansas City Chiefs superfan known as “ChiefsAholic” to more than 17 years in prison for a string of 11 bank robberies across seven states where he stole nearly $850,000 to finance his social media stardom.

Xavier Babudar, 30, learned his fate Thursday — the same day his beloved Chiefs were gearing up for their season opener against the Baltimore Ravens. He’ll spend 17 1/2 years in prison for the bank robberies he admitted to earlier this year.

Babudar developed a following on his @ChiefsAholic account on the social platform X after attending games dressed as a wolf in Chiefs gear. His rabid support of the Chiefs became well known on social media, though he’s nowhere near the team’s most famous fan since Taylor Swift began dating tight end Travis Kelce last year.

“Babudar’s robbery spree bankrolled the expensive tickets and travel across the country to attend Kansas City Chiefs games while he cultivated a large fan base online. However, the bank and credit union employees whom he terrorized at gunpoint suffered the brunt of his true nature,” U.S. Attorney Teresa Moore said in a statement.

Most of the money Babudar stole was never recovered, so the court ordered him to pay over $530,000 in restitution and forfeit anything he used to launder the money, including an autographed painting of Kansas City Chiefs quarterback Patrick Mahomes that the FBI recovered.

But of course he may never be able to repay that much, just as it’s unlikely he’ll pay $10.8 million to an Oklahoma bank teller he terrorized and assaulted with a gun during one of his bank robberies. Prosecutors have said much of the stolen money was laundered through casinos and online gambling.

Babudar robbed banks or attempted to rob banks in Iowa, Oklahoma, Nebraska, Tennessee, Minnesota, Nevada and California in 2022 and 2023. Two of the robberies were committed after he cut off his ankle monitor while out on bond and fled Oklahoma. He even robbed the same bank in Clive, Iowa, twice during 2022, although the bank changed names in the months between the robberies.

When he was arrested the first time in 2022, he had a bag filled with $289,750 in cash, betting slips for $24,000 and bank deposit letters showing that he had put $20,000 and $50,000 into his account earlier that year.

Before the start of the 2022 season, Babudar placed two winning $5,000 bets that the Chiefs would win Super Bowl LVII and Mahomes would be named the game’s Most Valuable Player. He collected a $100,000 check from the Argosy Casino in Illinois before taking off and used some of his winnings to buy a vehicle he used to evade authorities.

He was arrested in Sacramento, California, in July 2023 and has been in federal custody since then.

The Canadian Press. All rights reserved.

Source link

Continue Reading

News

Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

Published

 on

ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.



Source link

Continue Reading

News

Thomson Reuters reports Q3 profit down from year ago as revenue rises

Published

 on

TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

The Canadian Press. All rights reserved.



Source link

Continue Reading

News

September merchandise trade deficit narrows to $1.3 billion: Statistics Canada

Published

 on

OTTAWA – Statistics Canada says the country’s merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports.

The result compared with a revised deficit of $1.5 billion for August. The initial estimate for August released last month had shown a deficit of $1.1 billion.

Statistics Canada says the results for September came as total exports edged down 0.1 per cent to $63.9 billion.

Exports of metal and non-metallic mineral products fell 5.4 per cent as exports of unwrought gold, silver, and platinum group metals, and their alloys, decreased 15.4 per cent. Exports of energy products dropped 2.6 per cent as lower prices weighed on crude oil exports.

Meanwhile, imports for September fell 0.4 per cent to $65.1 billion as imports of metal and non-metallic mineral products dropped 12.7 per cent.

In volume terms, total exports rose 1.4 per cent in September while total imports were essentially unchanged in September.

This report by The Canadian Press was first published Nov. 5, 2024.

The Canadian Press. All rights reserved.



Source link

Continue Reading

Trending

Exit mobile version