April 15, 2009 |
A self-described credit union that advertised personal loans nationwide was not registered as a lending institution and gave a phony address, according to Pennsylvania and Michigan banking regulators. First Star Credit Union, which advertised in the Los Angeles Times and other newspapers this month, referred consumers to a toll-free phone number and a website for information on getting a loan. The company operating the website, which listed a York, Pa.
February 22, 2012 |
Federal regulators warned of a new scam in which so-called phantom debt collectors harass people into paying bills they don't even owe, typically preying on Americans already burdened with financial problems. Officials said Tuesday that they had shut down a Villa Park operation that they alleged in a lawsuit fraudulently collected about $5 million in phantom debts. In a lawsuit filed by the Federal Trade Commission, a court froze the assets of American Credit Crunchers, an affiliated company called Ebeeze and their owner, Varang K. Thaker.
CALIFORNIA | LOCAL
May 14, 2011 |
Despite complaints about drunken hooliganism at Dodger Stadium, state regulators rarely visit the ballpark and have issued no citations for liquor-law violations there since 1999. Fans and some police officials say that over-imbibing at Chavez Ravine has become a stubborn problem. But not to the state Department of Alcoholic Beverage Control, the licensing authority that enforces responsible booze retailing, according to records and interviews. Davey Johnson was still managing the team when ABC last alleged a single instance of a Dodgers vendor running afoul of the rules, such as by selling to minors or inebriated adults or failing to do enough to prevent disruptive behavior due to drinking.
August 1, 2013 |
Ford Motor Co. has been hit with a $17.35-million penalty by federal safety regulators for taking too long to recall nearly half a million Escape sport utility vehicles in 2012. The National Highway Traffic and Safety Administration agreed to the settlement with Ford rather than face “possible litigation” or a protracted public battle over the issue, according to the settlement signed by the two sides. “This is very significant,” said Michelle Krebs, senior analyst at auto information website Edmunds.com.
February 18, 2013 |
WASHINGTON - Sen. Elizabeth Warren (D-Mass.), a darling of liberals who has been mentioned as a potential 2016 presidential contender, had kept a deliberately low profile since her election in November. In less than five minutes last week, however, the new Massachusetts senator announced her presence in the nation's capital and showed she plans to be a thorn in the side of the big financial institutions. At her first hearing as a member of the Senate Banking Committee on Thursday, Warren chastised banking regulators for not trying to put more executives from big banks in jail for their roles in the financial crisis.
February 6, 2013 |
SACRAMENTO -- The California lawmaker who authored the country's first ban on teenagers using tanning beds is complaining to the Federal Trade Commission about a new tanning group's safety claims. State Sen. Ted Lieu (D-Torrance) on Wednesday accused the newly organized American Suntanning Assn. of Jackson, Mich., of making similar safety claims as those made by a predecessor organization, the Indoor Tanning Assn. In Feb. 5 letter, Lieu asked the FTC to order the suntanning group to stop saying that indoor tanning has health benefits.
CALIFORNIA | LOCAL
September 18, 2009 |
State officials who regulate boxing have used their positions to gain admission to big-ticket events for friends -- actor Sylvester Stallone among them -- relatives and other associates who sit ringside for free, records show. One member of the California State Athletic Commission directed state employees to obtain free passes for his wife and pastor. Gov. Arnold Schwarzenegger, who appointed all but one of the commissioners, attended an event gratis, as did one of his high-ranking aides.
CALIFORNIA | LOCAL
December 26, 2009 |
Dozens of registered nurses who have been convicted of serious crimes including murder, sex offenses, robbery and assault have been identified by California regulators reviewing newly required fingerprints from tens of thousands of caregivers. The state Board of Registered Nursing expanded its review of nurses' criminal records after an October 2008 story by The Times and the nonprofit news organization ProPublica found that regulators often didn't know about nurses' convictions and didn't act quickly once they learned of them.
February 6, 2010 |
Federal banking regulators are trying a new push to encourage banks to make small-business loans. The government's strategy is to ease banks' concern about being slapped down for making loans that might be perceived by regulators as high risk. A joint statement issued Friday by the Federal Reserve, the Federal Deposit Insurance Corp. and other agencies emphasizes that "financial institutions that engage in prudent small-business lending after performing a comprehensive review of a borrower's financial condition will not be subject to supervisory criticism for small-business loans made on that basis."
CALIFORNIA | LOCAL
April 20, 2010 |
Using a new state law for the first time, state regulators Monday issued fines to a private hospital and a police and fire department for failing to report and prevent the spread of bacterial meningitis. The failure to follow safety and reporting protocol, regulators said, sickened two workers who ended up unconscious in intensive care. Alta Bates Sutter Medical Center in Oakland was fined $101,485 by the California Division of Occupational Safety and Health for 10 health and safety violations after officials failed to immediately notify public authorities and protect staff when an infected patient arrived Dec. 3, 2009, regulators said Monday.