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Business Partner

NEWS
August 21, 1987
Promoter Glenn Turner, who became a millionaire through self-motivation businesses, was sentenced with his business partner, Edward Rector, to seven years in prison for defrauding investors. Each man also was ordered to pay $32,350 in restitution. A jury in Phoenix, Ariz., convicted the pair on one count of conspiracy, nine counts of fraud and nine counts of promoting a pyramid scheme in connection with the marketing of Challenge Inc.
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CALIFORNIA | LOCAL
January 21, 1995
A Fullerton man was sentenced to 25 years to life Friday for strangling his business partner in 1991 and dumping her body in the desert. An Orange County Superior Court jury deliberated for two days in December before convicting Richard W. Lockridge, 41, of first-degree murder in the July, 1991, death of Kim Martello. Deputy Public Defender E. Robert Goss Jr. said his client stands wrongfully convicted and will pursue an appeal.
CALIFORNIA | LOCAL
March 13, 2000 | Shawn Hubler
"It's the tan house." The cameraman was pointing. "That tan house." That one? "No, not that tan house. That tan house. On the other side of the street." Oh. Which tan house, again? By now, all involved were suppressing smiles. This was the Southern California in-joke, the "American Beauty" angle. True crime in the planned community, where even house colors are regulated, where what goes on in them isn't supposed to bring out the national news crews.
BUSINESS
October 4, 1999 | ANNETTE HADDAD and SCOTT DOGGETT, SPECIAL TO THE TIMES
The short version of Timex's first business foray into India reads a lot like the company's famous slogan: It took a licking and kept on ticking. When Timex entered the market a decade ago, it was illegal to export watches to India; if Timex wanted to sell timepieces there, it had to make them there. By law, it also had to have a local partner.
NEWS
March 14, 1998 | TONI LOCY, THE WASHINGTON POST
Nolanda S. Hill, the onetime business partner of late Commerce Secretary Ronald H. Brown, was indicted Friday by a federal grand jury on charges that she diverted more than $200,000 from companies she controlled to buy clothes and jewelry for herself and failed to report it as income on her tax returns.
BUSINESS
August 13, 2006 | Ann M. Simmons, Times Staff Writer
Andrew Herrington, an erosion control and coastal restoration specialist, had a career change after Hurricane Katrina hit last year. Once he planted marsh grasses and other vegetation along the Louisiana shoreline, but then Herrington got into the demolition and clean-up business, pumping out flooded interiors, gutting them and rebuilding. "Right after the storm, nobody was worried about the vegetation side of erosion control," Herrington said.
BUSINESS
February 7, 1992 | JANE APPLEGATE
With an eye on streamlining and cost cutting, IBM is relying more and more on small businesses to sell its products. And both Big Blue and the 5,000 smaller firms it contracts with to sell business computer systems are benefiting, according to Wirt Cook, assistant general manager for new business marketing at International Business Machines.
CALIFORNIA | LOCAL
February 8, 1998 | JOSE CARDENAS, TIMES STAFF WRITER
Four years ago, customers bought bagels, snacks, liquor and Mexican food at the Canoga Center. But the only signs of life now at the little strip mall, which sits vacant behind a 10-foot-high fence and razor wire, are the shining eyes of stray cats peering from dark doorways. Pigeons have claimed what remains of the Chatsworth Plating Co., a firm that Los Angeles County prosecutors allege poisoned the lot on Canoga Avenue.
BUSINESS
January 13, 1998 | Debora Vrana
Jeffrey P. Sudikoff, a former owner of the Los Angeles Kings hockey team, and his business partner pleaded not guilty to federal securities fraud charges in connection with a once high-flying Culver City telecommunications firm. Sudikoff, 41, and former partner Edward Cheramy, 53, face 19 federal charges, including securities fraud and a conspiracy to overstate earnings at their company, IDB Communications Group Inc.
BUSINESS
October 13, 1998 | P.J. HUFFSTUTTER and JANET STOBART, SPECIAL TO THE TIMES
After prosecutors discovered what they believe is a written confession, a British magistrate has ordered an Orange County businessman, accused of allegedly plotting to kill five people, to stand trial in London. Hans Frederick Johnston, who once controlled electronics manufacturer Statek Corp. in Orange, was arrested in April by London police. He was charged with conspiring to kill three American attorneys and two Swiss citizens, including his former partner at Statek.
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