The blank-check company backed by billionaire Thomas Barrack withdrew its application for an initial public offering Friday, just days after the 74-year-old was arrested and charged with seven ...

Billionaire and long-time Donald Trump ally Thomas J Barrack has been arrested in Los Angeles for allegedly acting as an agent of a foreign government. The 74-year-old investment firm founder ...

Tom Barrack, 75, was arrested last year on nine criminal counts, including conspiracy, obstruction of justice and making false statements to the FBI. At a six-week trial in federal court in New ...