Aruna's Feed
Sep 30, 2014

U.S. charges four with stealing $100 million in software, data

WASHINGTON (Reuters) – Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data – some of it used to train military pilots and some related to Microsoft Corp’s (MSFT.O: Quote, Profile, Research, Stock Buzz) Xbox gaming console – the U.S. Justice Department said Tuesday.

Two of the four – a 28-year-old New Jersey man and a 22-year-old Canadian man – pleaded guilty to charges contained in an indictment unsealed earlier in the day, the agency said.

Sep 29, 2014

New documents show legal basis for NSA surveillance programs

NEW YORK/WASHINGTON, Sept 28 (Reuters) – Documents released
by the U.S. government show it views an executive order issued
in 1981 as the basis of most of the National Security Agency’s
surveillance activities, the American Civil Liberties Union said
on Monday.

The NSA relied on Executive Order 12333 more than it did on
two other laws that have been the focus of public debate
following the leaks exposing U.S. surveillance programs by
former agency contractor Edward Snowden, according to the papers
released by the ACLU.

Sep 29, 2014

Six years after AIG bailout, trial asks: was it legal?

WASHINGTON, Sept 29 (Reuters) – One of the more unusual
trials to come out of the 2008 financial crisis is set to begin
on Monday, when a federal judge will consider whether the U.S.
government’s rescue of American International Group Inc
was, in fact, legal.

In a case that explores the limits on U.S. government power
in responding to major financial crises, the trial is expected
to revisit in detail the New York Federal Reserve’s September
2008 decision to extend a bailout package to AIG as the
insurance giant was minutes from bankruptcy.

Sep 26, 2014

U.S. Attorney General Holder: ‘No letting up’ on civil rights

WASHINGTON (Reuters) – One day after announcing plans to step down, U.S. Attorney General Eric Holder vowed to continue pressing civil rights issues during the rest of his term, including efforts to overturn laws in some states that he has argued create obstacles to voting by some blacks and Latinos.

“I want you to know that my commitment to this work … will never waiver … I have no intention of letting up, I have no intention of slowing down,” he told a Congressional Black Caucus conference on Friday.

Sep 25, 2014

Star of reality TV show ‘Jersey Shore’ charged with tax fraud

WASHINGTON (Reuters) – Michael “The Situation” Sorrentino, star of the reality TV show “Jersey Shore,” and his brother have been charged with not paying taxes on $8.9 million in income, according to an indictment handed down on Wednesday.

Sorrentino, 32, who popularized the phrase “gym, tan, laundry” to refer to the pre-party routine of the show’s cast members, allegedly failed to report income while also claiming clothes and cars as business expenses.

Sep 24, 2014

Interpol to boost data sharing on foreign fighters in Syria, Iraq

WASHINGTON (Reuters) – Interpol has set up a new program to improve its sharing of information about foreign militants who have traveled to fight in Iraq and Syria, U.S. authorities said on Wednesday.

The program is aimed at better monitoring and limiting the international movement of such fighters, the U.S. Department of Justice said.

Sep 24, 2014

‘Jersey Shore’ star ‘The Situation’ indicted on tax charges

WASHINGTON (Reuters) – Michael “The Situation” Sorrentino, star of the reality TV show “Jersey Shore,” and his brother have been charged with not paying taxes on $8.9 million in income, according to an indictment handed down on Wednesday.

Sorrentino, 32, who popularized the phrase “gym, tan, laundry” to refer to the pre-party routine of the show’s cast members, allegedly failed to report income while also claiming clothes and cars as business expenses.

Sep 18, 2014

Former top U.S. tax prosecutor joins DLA Piper

WASHINGTON (Reuters) – The former top U.S. tax prosecutor who helped secure $2.6 billion in penalties and a guilty plea from Credit Suisse AG on charges the Swiss bank helped Americans hide money overseas, joined the law firm DLA Piper, the firm said on Thursday.

Kathryn Keneally, who led the tax division at the U.S. Department of Justice, will join the firm’s New York office next month.

Sep 17, 2014

U.S. atty general urges changes to fight more Wall St crime

WASHINGTON/NEW YORK, Sept 17 (Reuters) – U.S. Attorney
General Eric Holder on Wednesday called for changes that could
help prosecutors build criminal cases against senior Wall Street
executives, saying companies often insulated their leaders from
responsibility for misconduct.

In a speech before New York University School of Law, Holder
made some of his most extensive comments yet on how the
department might better prosecute white-collar crime, proposing
larger rewards for Wall Street whistleblowers and more FBI
agents with forensic accounting expertise.

Sep 17, 2014

U.S. attorney general to propose more rewards, agents to fight Wall St crime

WASHINGTON (Reuters) – Wall Street whistleblowers who provide U.S. prosecutors with evidence of financial fraud should get larger rewards for their efforts, U.S. Attorney General Eric Holder plans to say in a speech on Wednesday, according to a Justice Department official.

The FBI also needs more agents, including those with expertise in forensic accounting, to better pursue complicated financial crime investigations, Holder will say, said the person, who declined to be named.