Posts Tagged ‘crime’

Okay, we all get it. You are sick of driving around in that rolling bad decision of an SUV while your bank account cries out for relief. And hey, you could use a fat insurance check to help you pay down your credit card debt. But burning your SUV is not a good plan.
For one [...]

The Macys, a San Francisco couple, bought a million-dollar, six-unit apartment building in San Francisco, and decided to move out all the tenants and raise the rents (this is, of course, illegal in SF, but the Macys are not the sort of people who worry about legalities).
When the tenants fought the eviction notices, the Macys [...]

Hundreds of brokers netted in FBI sweep Arrests include two former Bear fund execs charged with fraud | MSNBC

Former Bear hedge fund managers surrender Ralph Cioffi and Matthew Tannin, who managed Bear Stearns hedge funds before the subprime collapse, charged with lying to investors about mortgage market risk. | CNN Money

I guess better late than never. The NYTimes is reporting that the Federal Bureau of Investigation has opened criminal inquiries into 14 companies as part of a wide-ranging investigation of the troubled mortgage industry. The F.B.I. is supposedly looking into possible accounting fraud, insider trading or other violations in connection with loans made to borrowers [...]

Link to article.
On Friday, Carlos L. McAdory had the dubious distinction of being the first Minnesota resident sent to prison for life under the federal “three strikes and you’re out” law. McAdory had been previously convicted of aggravated assault on three different occasions, and was convicted for his role in a bar robbery ring that [...]