February 14, 2014 |
WASHINGTON - The Obama administration issued guidance to prosecutors and banks Friday meant to make it easier for legal marijuana sellers to open bank accounts. But the guidance fell short of giving banks carte blanche to get involved in a business that is legal in some states for medical or recreational purposes but is still illegal under federal law. A memo issued Friday by Atty. Gen. Eric H. Holder Jr. to all federal prosecutors said that prosecution may not be appropriate for banks dealing with marijuana sellers if they are operating legally in their states and stay away from red zones, such as the sale of the drug to minors or across state lines.
CALIFORNIA | LOCAL
January 30, 2014 |
A former top official for the Girl Scouts of Greater Los Angeles on Wednesday pleaded guilty to one count of mail fraud and one count of money laundering. Channing Smack, 51, of Marina del Rey, was also ordered to pay about $370,000 that prosecutors say he embezzled from the youth organization known for its annual cookie sales. Girl Scout officials say about $250,000 of that amount has already been recovered. “We were outraged that a trusted member of our staff would violate the fundamental values we teach our girls every day,” said Carol Dedrich, the organization's chief external relations officer.
January 13, 2014 |
I almost feel sorry for telemarketers. Almost. Last week, I solicited advice from readers about the best ways to get telemarketers to stop bugging you, especially robocallers like "Rachel from cardholder services," which the former head of the Federal Trade Commission branded "public enemy No. 1. " Judging from the avalanche of responses I received, I can say with confidence that many of you are not only fed up with these pests, you're more...
CALIFORNIA | LOCAL
December 19, 2013 |
When a former top Girl Scout official was taken into custody by the FBI on money laundering charges, prosecutors allege he was carrying more than $18,000 in cash, including $9,500 in an envelope concealed in his left boot. FBI agents arrested Channing Smack, a high-ranking property manager for the Girl Scouts , in his Jaguar after he drove out of the parking garage of his Marina del Rey apartment complex, where he also kept a Cadillac Escalade, according to a search warrant obtained by The Times.
November 30, 2013 |
Some jobs - catching fastballs, singing pop songs, dancing en pointe - are a lot easier when you're young. Add to that list directing independent movies, where it's not the physical demands that wear out many filmmakers but the financial stresses. At some point, most indie directors tire of the never-ending hustle for the money to make and release their movies and repair to the more lucrative worlds of television and studio fare. That's what makes the career of John Sayles so remarkable.
November 26, 2013 |
Achieving the impossible has to start somewhere, and after so many failed tries to make a Floyd Mayweather Jr.-Manny Pacquiao super-fight, there's an olive branch being extended. Showtime Executive Vice President Stephen Espinoza, whose premium network has four fights remaining in its exclusive deal with the unbeaten Mayweather, said he plans to reach out this week to Pacquiao's promoter Bob Arum to gauge interest in the bout. Despite Arum's denials, Espinoza said he had made repeated efforts to talk to Arum on the telephone.