CALIFORNIA | LOCAL
August 21, 2013 |
Months of eavesdropping on two drug trafficking organizations that smuggled methamphetamine and cocaine across the border from Mexico culminated in the federal indictment of 30 suspects in a drug trafficking conspiracy. During early mornings raids Wednesday, seven of the named defendants were arrested at homes across Southern California as part of the 12-count indictment involving the transportation, distribution and delivery of drugs throughout Los Angeles and surrounding counties.
August 20, 2013 |
NEW YORK -- Scammers may be jumping into the weed business, Wall Street's regulator warns. The Financial Industry Regulatory Authority, or Finra, issued an investor alert Tuesday cautioning investors that some marijuana stock pitches bear the hallmarks of classic Wall Street "pump and dump" schemes. The investment pitches can come via email, Twitter, webinars or fax, the alert said. In such scams, promoters of thinly traded, low-price shares (or penny stocks) fuel investor demand by hyping the stocks' growth potential.
CALIFORNIA | LOCAL
August 16, 2013 |
A Riverside County Superior Court judge on Friday sentenced a man to 15 years in state prison and ordered him to pay $12.6 million in restitution to victims of a real estate Ponzi scheme he operated. Ralph John Solis, 56, of Hemet pleaded guilty July 24 to four counts of grand theft, operating a business for the purpose of committing securities fraud, authorities said. He also received a sentencing enhancement of aggravated white collar crime. Between 2007 and 2009, Solis operated a real estate Ponzi scheme in which he sold forged first and second trust deeds to investors, according to Riverside County prosecutors.
August 14, 2013 |
Hot on the (stiletto) heels of "Tiny Times," which broke box-office records in China, the romantic melodrama "Tiny Times 2" arrives here just weeks after the first installment, offering more fashion-shoot-ready Shanghai locations in a soapy package. The same quartet of pretty young up-and-comers hope and scheme, weep and strut, never forgetting to schedule time for wardrobe changes. Working from his bestselling series of novels, writer-director Guo Jinming continues to wield hammy visuals and pop-song overkill while trying to strike a less-carefree tone.
CALIFORNIA | LOCAL
August 6, 2013 |
A notorious prison gang and a Mexican drug cartel were on the brink of forging a powerful alliance as part of an effort to muscle into the Southern California methamphetamine business with an army of street dealers, federal and local authorities confirmed Tuesday. In announcing a pair of indictments, authorities said they were able to disrupt the planned merger between the Michoacan drug cartel and leaders in California's Mexican Mafia prison gang. "This would have opened a superhighway for drugs and guns and given this cartel an exclusive franchise," U.S. Atty.
July 26, 2013 |
In the biggest cybercrime spree yet, Russian hackers stole 160 million credit card numbers to fleece hundreds of millions of dollars from a diverse group of financial firms, retailers and even the Nasdaq stock market, according to federal officials. Indictments unsealed Thursday in New Jersey and New York accuse five Russians and a Ukrainian of victimizing targets that included arms of Visa, Diners Club, Citibank, PNC Bank and Heartland Payment Systems, a company that processes credit card transactions from hundreds of thousands of small businesses.
July 25, 2013 |
Five Russians and a Ukrainian face federal criminal charges of hacking into the computers of major payment processors, retailers and financial institutions, stealing more than 160 million credit card numbers and causing hundreds of millions of dollars in losses. It is the largest such scheme ever prosecuted in the United States, federal authorities said in unsealing indictments Thursday in Newark, N.J., and Manhattan. Victimized firms ranged from 7-Eleven, Wet Seal and JetBlue to Visa Jordan, Diners Singapore and the Nasdaq stock market, authorities said.
July 22, 2013 |
Chip Kelly's Oregon Ducks dismantled Monte Kiffin's USC defense last season, generating the most yards ever against the Trojans. It was the lowest point in Kiffin's three-year tenure as the head of the Trojans' defense. When Kiffin resigned from USC after last season, at least he knew Kelly was merely a memory. But less than a week after Kiffin was hired as defensive coordinator of the Dallas Cowboys, the NFC East rival Philadelphia Eagles hired Kelly as head coach.
July 8, 2013 |
This post has been updated and corrected, as indicated below. Remember the scene early on in “Cool Hand Luke” when Paul Newman whacks the heads off those parking meters? I loved it. You did too -- admit it. I don't know whether that's one of Mike Gatto's favorite movies, but I hope so. He's the Los Angeles Democratic assemblyman who wrote the bill that would smack down cities like L.A. that ticket people for parking at meters that turn out to be broken. L.A. sticks Angelenos with a $73 ticket.
CALIFORNIA | LOCAL
July 5, 2013 |
A Glendale man faces up to seven years in prison after pleading guilty in a “sextortion” case in which he targeted 350 women and coerced them into showing him pictures of them nude. Karen “Gary” Kazaryan, 27, pleaded guilty this week to one count of identity theft and one count of unauthorized access to a protected computer. Prosecutors said Kazaryan hacked into the Facebook, Skype and email accounts of victims and changed their passwords, locking them out of their own online accounts.