Category: North Texas
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Texas Authorities Bust $14 Million Gift Card Fraud Ring, Highlighting New State Law
Authorities in Texas arrested three Latvian nationals for a $14 million gift card fraud scheme affecting retail stores across the state. The suspects cloned and drained gift card balances, often within minutes. This case highlights a growing trend in organized retail fraud, prompting Texas lawmakers to implement tougher laws on such crimes.
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$2.1 Billion Data Center Planned for North Fort Worth Highlights Texas’ Pro-Growth Strategy—And the Trade-Offs That Come With It
A $2.1 billion hyperscale data center campus by ACS Group is planned in north Fort Worth, raising economic potential and scrutiny. While proponents cite job creation and tax revenue, critics question corporate incentives and job-to-investment ratios. The project reflects Texas’ competition for tech investments amidst broader national trends and local infrastructure discussions.