-
Texas Southern University Completes Termination of Its President
Texas Southern University in Houston took the last step to firing its president, Dr. Priscilla Slade, for allegedly charging over $650,000 in personal expenses to the school during her seven-year tenure. The University’s board of regents first voted to terminate her in April, and Dr. Slade requested a hearing that she then did not attend. …
-
When the Company Is Your Piggy-Bank
Three former executives of restaurant company Buca Inc. were indicted on fraud charges and two (along with another former officer) were sued by the SEC for their role in looting the company, including having cooperative vendors submit false invoices to cover up their purchases. The SEC filed complaints against Joseph Micatrotto, Buca’s former CEO, Greg…
-
Latest Telephone Scam: Selling Someone Else’s VOIP Calls
I won’t pretend that I have any more than the faintest idea how Voice Over Internet Protocol (VOIP) telephone service works, or why Vonage’s IPO has done so poorly. But anything that involves the internet as a key component means that it is possible to engage in fraudulent conduct. The U.S. Attorney’s Office for the…
-
Adoption Fraud — The Worst Kind of Scam
The U.S. Attorney’s Office for the Northern District of Texas announced the indictment of Tawana Howard on eight counts of mail and wire fraud related to defrauding three different families that she led to believe would be adopting her unborn child. According to a press release (here) from the USAO: According to the indictment, from…
-
Enron Recap
Co-blogger Peter Henning has a wonderful Enron recap here on law.com. He focuses on the fact that the defendants took the witness stand and testified. He states, "[t]he defendants undermined their own defense when they testified, however, because they made the case into one about their credibility and not the business. (esp)
-
National League Pitcher’s Home Searched in Steroid Investigation
The Balco (Bay Area Laboratory Cooperative) investigation into steroid use by athletes took a new turn when agents searched the home of Arizona Diamondbacks pitcher Jason Grimsley, who has bounced around the major leagues since 1989 (career statistics here). An AP story (here) states that thirteen federal agents searched the home for "any and all…
-
What to Say When Arrested
The New York Times here discusses the arrest of a Japanese businessman. Arrested for allegedly participating in insider trading, the arrestee in Japan appears to take a different position than would be taken if this arrest were in the United States. In the US, the individual’s attorney would likely tell the accused to avoid making…
-
Wrestling With Fraud?
Business Week (AP) reports here on the indictment of a "former licensing agent for World Wrestling Entertainment, Inc." The charges allege kickbacks on licensing of merchandise.
-
Neal Sonnett to Chair New ABA Task Force on Separation of Powers
American Bar Association President Michael Greco announced today the formation of a Task Force on Presidential Signing Statements and the Separation of Powers Doctrine. The news release here states that the task force will "examine constitutional and legal issues raised by presidents of the United States attaching legal interpretations to federal legislation they sign." It…
-
Non-Prosecution Agreement in Case Related to Refco
The United States Attorney for the Southern District of New York (Michael Garcia), announced today that there will be no prosecution of BAWAG or the ÖGB. This comes from an agreement of the parent company and government that includes a forfeiture of $337.5 million. The agreement calls for the funds to be distributed to victims…
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
MattBray.net 