May 6, 2009 |
A former vice president of Peregrine Systems Inc. who pleaded guilty in January to wire fraud was sentenced to 27 months in custody for his part in a scheme that destroyed the software maker once valued at $4.72 billion. Jeremy Crook was the 14th person sentenced in connection with the scheme at Peregrine, U.S. Atty. Karen Hewitt in San Diego said. Prosecutors have charged 18 people in a multimillion-dollar accounting scam to falsely inflate profit and boost Peregrine's stock that sent the San Diego company into bankruptcy in 2002.
March 6, 2008 |
The Securities and Exchange Commission said Wednesday that it has sued the former chief executive of Merisel Inc. and others, accusing them of a scheme to loot the software distributor's assets in two separate self-dealing transactions. The agency alleged in a federal suit filed in Santa Ana that Timothy N. Jenson, 48, of Los Alamitos made numerous material misstatements in Merisel's SEC filings and in news releases as part of the scheme. Jenson resigned from the software licensing firm in 2004 as the New York company, then based in El Segundo, sued him and others.
July 8, 1989
Mike Downey writes about kid's games for an adult readership. Now that is something truly meaningful and courageous to do with one's life. Writing about sports in the scheme of things ranks somewhere between flagpole sitting and cherry-pit spitting. It sure doesn't rank with cheerleading. WILLIAM ASH Santa Monica
April 12, 1985 |
Former Deputy Auditor General John Kerr Thursday was sentenced to two to five years in prison and fined $6,900 for selling jobs in the auditor general's office. Kerr, 33, allegedly netted $200,000 from the scheme.
January 12, 1989 |
The Chicago Board of Trade has fined and suspended six men linked to a scheme in which a trader donned a wig and used fake identification to gain access to privileged information, CBOT officials said today. The six CBOT members were fined between $5,000 and $50,000 each and suspended for periods ranging from 15 days to 10 years. The traders were linked through federal court testimony last summer to the wig scheme masterminded by veteran trader Thompson B. Sanders, 45.
CALIFORNIA | LOCAL
April 10, 1985 |
A 68-year-old retired Los Angeles insurance agent Tuesday admitted his role in a $1.1-million scheme using phony death certificates to defraud the company that employed him for 30 years. As part of a plea bargain, William Ekaireb pleaded guilty in federal court to five of the 15 felony counts filed against him and agreed to cooperate with the ongoing investigation of the scheme. U.S. District Judge James M.
May 3, 2009
Re: "Madoff victims push for tax relief," April 27: The investors who gave money to Bernie Madoff did so in spite of the fact that he promised returns that were literally "too good to be true." Sure enough, his Ponzi scheme collapsed and some investors lost millions. In your article, Gordon Bennett, who lost $1.5 million, says, "I was victimized once by Mr. Madoff. I don't want to be victimized a second time by the state of California." Mr. Bennett, you were a victim of your own greed, and I fail to see why the taxpayer should pick up the tab for your poor judgment.
May 18, 1985 |
A federal appeals court Friday blocked the execution of a man scheduled to die early today for killing a woman who police said was involved with him in an embezzling scheme. The U.S. 5th Circuit Court of Appeals issued the stay about 13 hours before Sterling Rault Jr., 34, was to die in the electric chair. The three-judge panel asked attorneys to submit additional briefs. Rault had been sentenced to die for the 1982 slaying of Jane Ellen Francioni of Slidell.