Two Life Sentences for Operating an Internet Site?

A 31-year-old from Texas was recently sentenced to two terms of life in prison and three lesser sentences according to 11 Alive. While one might assume from the severity of the punishment that the man had committed serious and violent crimes, the.

The defendant in U.S. v. Farinella, NO. 08-1839, 08-1860, 2009 WL 615408 (7th Cir., Mar. 12, 2009) purchased 1.6 million bottles of “Henri’s Salad Dressing” in 2003, id. At *1. The label on each bottle of dressing stated that the dressing was.

Fleecing The Elderly Fraudsters in cities like Las Vegas, Phoenix and California’s Central Valley are actively looking for naïve senior citizens. The scams reflect the real estate challenges from foreclosures, weak sales and abandonment. The scammers fake ownership papers, set up websites.

Us SCOTUS Overturns Decades Old Law About Sports Betting The Professional and Amateur Sports Protection Act of 1992 (Pub.L. 102–559), known as PASPA, is a judicially overturned law that was intended to define the legality of sports betting throughout America. This act.

The Patriot Act Storms a Nevada Strip Club According to some, Ben Franklin said: "Those who would give up liberty for safety deserve neither Liberty nor Safety." Franklin's quote was a little different and said under different circumstances — he couldn't have.

I’ve been saying that the Enronesque criminal prosecutions of meltdown figures is probably looming, beginning with Lehman’s Fuld, though this would be a mistake. This NY Mag article brings Fuld’s prosecution closer. Here's Carney's summary: The article makes clear that while Lehman.

Peter Henning, former SEC lawyer, offers some expert thoughts on the NYT's Dealbook.  He notes a bunch of red flags: a single advisor (Madoff), tiny accounting firm outside of NYC with no other investment business clients ("[a]single investment manager and an almost non-existent auditor is a.

Today’s W$J covers the problems at Krispy Kreme.  There is what looks like possible accounting fraud – shading earnings to show continued growth.  Small adjustments can be very significant, given irrational market reaction to earnings “thresholds.” Indeed, this is the sort of.