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 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.
CALIFORNIA | LOCAL
January 23, 1990
A former administrator of an Inglewood hospital and two of his sons were sentenced to prison Monday for their roles in a false billing and kickback scheme that defrauded local hospitals and businesses out of millions of dollars. Donald A. Wright Sr., 57, former director of engineering at Daniel Freeman Memorial Hospital, was sentenced to three years in prison, fined $100,000 and ordered to pay $23,799 in restitution to the hospital. Wright's oldest son, Donald Wright Jr.
March 10, 1987 |
Federal authorities said today they smashed a major international drug ring dubbed "The Pan American Conspiracy" that smuggled more than $1.5 billion of cocaine into the country from Brazil aided by Pan Am airline employees. The scheme allegedly brought in more than 200 pounds of the drug through New York's Kennedy Airport each month for the last six years. Many of the 26 airline employees charged in the smuggling scheme surrendered today. The accused ringleader, a U.S.
February 29, 1988 |
The chairman of Prudential-Bache Securities Inc. has agreed to a censure by the New York Stock Exchange for failing to oversee E. F. Hutton & Co. properly when he was president of that firm during an overdrafting scheme, sources familiar with the settlement said today. The sources said the exchange determined George L. Ball was not aware of the scheme, which was conducted in the 1980s and became a key element in Hutton's subsequent demise.