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Regulators Ready to Kill Comcast / TWC Merger: Report

Regulators Ready to Kill Comcast / TWC Merger: Report

By Josh Wolford April 17, 2015

One of the regulatory agencies looking over the proposed Comcast / Time Warner Cable merger may be about to give it the thumbs down, citing concerns over potential harm to customers. Bloomberg cites the ubiquitous “people familiar with the matter” …

Credit Suisse Pleads Guilty to U.S. Tax Evasion Credit Suisse Pleads Guilty to U.S. Tax Evasion

Swiss banking firm Credit Suisse this week pleaded guilty to U.S. tax evasion charges. According to the U.S. Department of Justice, Credit Suisse is the largest bank to plead guilty to such charges in over two decades. The case surrounds …

Student Loans: Sallie Mae To Refund Military Members Who Paid Too Much Interest

Student loans are already bad enough, but the interest rates are what kills most graduates trying to pay it all back. With interest rates capped at 6 percen for military members, it’s not as bad as it could be. Unfortunately …

Bridgestone Executive Jailed For Price Fixing

Bridgestone executive Yusuke Shimasaki this week pleaded guilty to charges related to an international car part price-fixing and bid-rigging conspiracy. Two other Bridgestone executives, Yasuo Tyuto and Isao Yoshida, were also indicted this week for their roles in the conspiracy. …

App Pirates Guilty of Copyright Infringement App Pirates Guilty of Copyright Infringement

Back in January the U.S. charged four people in connection with pirate app stores developed for Android devices. Now all four of these defendants has pleaded guilty to charges of conspiracy to commit criminal copyright infringement. The cases represent the …

HP to Pay $108 Million Over Bribery and Money Laundering Charges HP to Pay $108 Million Over Bribery and Money Laundering Charges

Hewlett-Packard this week agreed to pay $108 million to the U.S. Securities and Exchange Commission and the U.S. Department of Justice to settle money laundering and bribery charges. The charges were brought against HP for violations of the Foreign Corrupt …

Alabama Sheriff Guilty of Beating Door-to-Door Salesman

An Alabama county sheriff has pleaded guilty to beating an unarmed, handcuffed man. According to the U.S. Department of Justice, Keith McCray, a criminal investigator at the Macon County, Alabama Sheriff’s Office, admitted to violating the civil rights of the …

Albuquerque Protests Turn Violent

Earlier this month, James Boyd, age 38, was confronted by police officers for illegally camping in the Sandia Foothills in Albuquerque, New Mexico. After a somewhat brief standoff, Boyd and the officers had come to a peaceful agreement of sorts. …

Texas County Commissioner Charged For Bribery Texas County Commissioner Charged For Bribery

The saying goes that all politics are local. Whether or not this is true, it is clear that all politicians, from the U.S. congress down to the mayors of small towns, are susceptible to corruption. With so much money riding …

Toyota Settlement Pays $1.2 Billion to the U.S.

The U.S. Department of Justice today announced that Toyota Motor Corporation has agreed to pay $1.2 billion to the U.S. to settle a criminal wire fraud charge. It is the largest financial penalty of this kind imposed by the U.S. …

Another Soldier Sentenced For Afghanistan Fuel Theft

U.S. Army Sergeant Kevin Bilal Abdullah has been sentenced to one year, one day in prison for his role in fuel thefts at Forward Operating Base (FOB) Fenty in Afghanistan. Abdullah pleaded guilty to bribery and conspiracy to commit bribery …

Sex Pic Extortion Lands Man in Prison

A federal court today sentenced 23-year-old John Bryan Villegas of Kittery, Maine to two years, nine months in prison for what has become known colloquially as “sextortion.” Villegas pleaded guilty last year to cyber stalking for using sexually explicit material …

Attorney General Calls For Lower Drug Sentences

Attorney General Eric Holder today testified before the U.S. Sentencing Commission and endorsed less strict sentencing for most drug offenders. A proposal by the commission outlined in January and would lower the base offense matched to drug trafficking quantities by …

Swiss Banker Found Guilty of IRS Fraud Swiss Banker Found Guilty of IRS Fraud

The Swiss banking system, and Swiss bankers in particular, were portrayed in the 2013 Oscar-nominated Scorsese movie The Wolf of Wall Street as outright corrupt. Though the movie, its events, and its characters are based on real-life events, Jean Dujardin’s …

Religious Discrimination Lawsuit Filed Over Teacher’s Beard

The U.S. Department of Justice this week announced that it has filed a lawsuit against the School District of Philadelphia over a religious discrimination claim. According to the Justice Department, the school district violated Title VII of the Civil Rights …

$458 Million of Former Nigerian Dictator’s Funds Frozen

The U.S. Department of Justice today announced that it has frozen over $458 million in funds linked to the corrupt Sani Abacha leadership of Nigeria. The department is referring to the seizure as the “largest kleptocracy forfeiture action” in the …

Three Men Sentenced For Smuggling Grenade Launchers

Three men were sentenced this week in a California District Court for illegally importing high-powered military hardware into the U.S. The smuggled items included grenade launchers, machine guns, and ballistic vests. The three men, Sergio Syjuco, Cesar Ubaldo, and Arjyl …