MORTGAGE LENDER SENTENCED TO 63 MONTHS

Categories: Latest

SAN FRANCISCO -Cheryl Hernandez Camus was sentenced to 63 months in prison, and ordered to pay $1,457,255 in restitution for mail and wire fraud in connection with a real estate investment scheme, United States Attorney Joseph P. Russoniello announced. Ms. Camus pleaded guilty on December 12, 2008 to five counts of wire fraud and two counts of mail fraud. In pleading guilty, Camus admitted to devising a short-term money lending investment scheme in which she promised fixed returns and the return of the ... Read More

FCC versus Telecoms

Categories: Complaints, Latest

Federal Communications Commission (FCC) Chairman Julius Genachowski didn’t mention Net Neutrality when he went before a House subcommittee on Thursday (Sept. 17). The subject will be front and center on Monday (Sept. 21) when Genachowski is expected to give a speech announcing the Commission will vote in October to start a Net Neutrality rulemaking. Combined with the announcement at the hearing from House Commerce Committee Chairman Henry Waxman (D-CA) that he supports Net Neutrality and will support the Net Neutrality legislation proposed by ... Read More

Potential Economic Stimulus Fraud

Categories: Latest, criminal minds

In today’s world, the most effective way for the FBI to serve the American people is to be intelligence-led and threat-driven. That means not only investigating violations of federal law after the fact, but also seeing potential threats and crimes on the horizon and being positioned to prevent them. It’s for that reason that the FBI and the Department of Justice are working now—in concert with our federal, state, and local partners, including the Inspector General community—to get out in front of possible ... Read More

Ferris Baker Watts Scheme

Categories: Latest

In the latest but perhaps not the last development in its investigation into a trading scandal at the former Baltimore investment firm Ferris Baker Watts, the Securities and Exchange Commission has fined a senior executive $75,000 for failing to respond to red flags indicating that a broker under his supervision was involved in a stock manipulation scheme. The SEC ordered Louis J. Akers, who was Ferris' vice chairman, to hand over another $19,187 in improper gains and $5,973 in interest, and prohibited him ... Read More

truth behind mass media

Categories: Latest, criminal minds

The video introduces an independent media platform like SleptOn Mag as the key to getting alternative perspectives and information critical to gaining a more sober understanding of the world that we live in. Short video clips featuring Amy Goodman, Michael Moore and Reverend Lennox Yearwood as they highlight the failures of America's corporate "mainstream" media. "You have to go to the internet, you have to go to alternative sources..." -Howard Zinn (Author/Historian) And this one of the main reasons corporateabuse.net was started. Watch as ... Read More