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Bank VP Admits He Took Bribes

MIAMI (CN) - A former vice president of Ocean Bank pleaded guilty to taking nearly $500,000 in bribes and not paying taxes on it, federal prosecutors said.

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Airline Kickback Scheme Rolled Up

     WEST PALM BEACH (CN) - The former owner-operator of an airline services company was sentenced to 2 years in federal prison for paying kickbacks to defraud Ryan International Airlines, a charter...

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10 Years for Scamming Immigrants of $500K

     MANHATTAN (CN) - A Queens woman was sentenced to 10 years in federal prison for defrauding immigrants of $500,000 by claiming she could get them legal status, and for using a client's name to get...

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Partners Claim Lobbyist Blew Millions

     LAS VEGAS (CN) - A powerful Nevada lobbyist, developer, businessman and lawyer embezzled "tens of millions of dollars" from his former business partners, the partners claim in Clark County Court.

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Judge Certifies Class Against Sallie Mae

     MANHATTAN (CN) - A federal judge certified a securities fraud class action against Sallie Mae, the top student loan provider in the United States.

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Country Singer Claims He's Been Defamed

     HOUSTON (CN) - A record company claims a man defamed its aspiring country singer Jason Cassidy by posting false statements online that he is "a liar and a con man," and "doesn't write his own songs."

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Student Says Cops Were Out of Line

     CHICAGO (CN) - A Chicago State University student claims a school police officer needlessly assaulted her and dragged her through the campus, telling her, "I'm the goddamn police."

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Branch Manager Gets Prison for Wire Fraud

     LAREDO, Texas (CN) - A former branch manager of freight manager UTI Worldwide was sentenced to 37 months in federal prison for sending hundreds of thousands of dollars of company money to a...

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Pentagon Contractor Swiped Money Orders

     HOUSTON (CN) - A Texan who was postmaster for a military post office in Kuwait pleaded guilty to stealing $565,000 in money orders, federal prosecutors said.

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Class Claims AIG Took it for $5 Billion

     WASHINGTON (CN) - In a federal class action, investors say AIG Group rolled them for more than $5 billion at the height of the financial crisis by selling "equity units" whose value AIG then...

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Southwest Loses $25 Million Tax Break

     DALLAS (CN) - Southwest Airlines will not get a $25 million tax reduction, a Texas appeals court ruled, reversinga trial court judgment.

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Man Says Nephew Swiped his House

     PHOENIX (CN) - A man claims his nephew and his nephew's wife took his house from him, and lost it, after showing him a "Rich Dad, Poor Dad" video that informed him "the rich don't work for money,"...

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EPA Rethinks Chemical Plant Emissions

     WASHINGTON (CN) - The Environmental Protection Agency is reconsidering national emission standards for hazardous air pollutants for nine chemical manufacturers.

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Deloitte Fights Discovery in Software Case

      SAN FRANCISCO (CN) - With a trial coming up, Deloitte Consulting is fighting against the use of potentially damaging evaluations tied to the installation of software for Levi Strauss.

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EPA Sets Penalties for Polluting Diesel Engines

     WASHINGTON (CN) - The Environmental Protection Agency has set non-conformance penalties for heavy-duty diesel engines that cannot meet 2010 emission standards.

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Sheriff's Sergeant Calls His Firing Fishy

     LAKEPORT, Calif. (CN) - A sheriff's sergeant says he was fired for truthfully testifying that he was ordered not to give a standard alcohol test to an off-duty police commander who crashed a...

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Big Money Seen in Garbage Monopoly

     SAN DIEGO (CN) - A waste recycling company claims a rival is trying to eliminate competition and monopolize a multibillion-dollar market for "PSC conversion," which recycles garbage into useful...

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Scorching Complaint Against SF Police

     SAN FRANCISCO (CN) - A man whose life sentence for a drive-by shooting was overturned claims San Francisco police paid witnesses to lie at his trial and suppressed evidence that would have...

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BP Owes Halliburton on Some Oil Spill Claims

     NEW ORLEANS (CN) - BP must indemnify Halliburton for damages from the Deepwater Horizon oil spill, but not punitive damages or the cost of defense, a federal judge ruled.

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Wells Fargo, Greenberg Traurig Aidedand Abetted Ponzi Scam, Investor Says

     OAKLAND, Calif. (CN) - A class action claims that a brokerage firm's Ponzi scheme, aided and abetted by Wells Fargo Capital Finance and the Greenberg Traurig law firm, cost investors "hundreds of...

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