NEW YORK, Dec 3 (Reuters) – The lead prosecutor on pending
criminal cases against two former JPMorgan Chase & Co
traders involved in the “London Whale” scandal is leaving
Manhattan U.S. Attorney Preet Bharara’s office to join a
prominent defense firm, according to a statement from the firm
viewed by Reuters in advance of its public release.
Eugene Ingoglia will become a partner at Morvillo Law on
Thursday. His fraud cases against Javier Martin-Artajo and
Julien Grout, two former London-based JPMorgan employees who
allegedly tried to cover up trading positions that eventually
cost the bank $6.2 billion, have both been slowed by extradition
proceedings against Martin-Artajo, who is in Spain. Grout, who
is living in France, is not subject to extradition and has so
far not come to New York voluntarily.
FERGUSON, MO. (Reuters) – Some Ferguson-area residents arrested during racially charged protests in the Missouri town last week told Reuters they were unlawfully arrested by police and were just trying to get home when they were picked up and taken to jail.
Reuters was not able to independently verify the allegations from the six individuals interviewed. Their accusations come amid an investigation by U.S. Attorney General Eric Holder into potential civil rights abuses by police in Ferguson during protests that first erupted over the summer following the police shooting of an unarmed black teenager.
FERGUSON, MO. (Reuters) – The young man and woman waiting in the dark outside the St. Louis county jail were bundled up in scarves and hats to ward off a light freezing rain, but still they were shivering. Every time someone emerged from the jail they would scurry with the person to a nearby car, which had the engine running and the heat blasting.
The pair were one of several teams working in shifts to help some of the more than 100 people who were arrested during last week’s sometimes violent protests in Ferguson, Missouri. Their job was to help the newly released individuals get legal aid for upcoming court appearances.
FERGUSON, Mo. (Reuters) – After days dealing with racially charged unrest roiling his community, the mayor of Ferguson, Missouri, turned to a more relaxing challenge: a “rock ‘em, sock ‘em” table boxing tournament for charity.
Just three blocks from where a dozen protesters stood in the snow outside a police station, demanding the arrest of a white officer who fatally shot an unarmed black teen in August, the scene at Marley’s bar on Wednesday night could hardly have been more different.
FERGUSON, MO. (Reuters) – Since looting first erupted following the August police shooting of black teenager Michael Brown, nearly all the businesses in a 2 square mile area of this St Louis suburb have had to board up. All except one – a Conoco gas station and convenience store.
At least a dozen stores have been set ablaze and others looted in Ferguson in racially charged riots since a grand jury on Monday cleared white policeman Darren Wilson in the shooting, which has torn apart this predominantly black Missouri city.
NEW YORK, Nov 18 (Reuters) – U.S. authorities arrested seven
people on Tuesday for what they said was a multimillion-dollar
scam by a debt collection company that victimized more than
6,000 people, and a prosecutor said a wider crackdown was
Williams Scott & Associates LLC wrongly threatened people
with arrest, used aliases such as “Investigator Ace Rogers” and
tried other tricks to collect at least $4.1 million from
consumers whose debt it bought for pennies on the dollar,
NEW YORK (Reuters) – Federal authorities announced fraud charges against a Georgia-based debt collection company and seven of its employees on Tuesday, saying they used threats of jail and other hardball tactics to convince more than 6,000 people to cough up money the company said they owed.
According to a criminal complaint filed by federal prosecutors in Manhattan, the company, Williams Scott & Associates, known as WSA, collected more than $4 million by claiming in phone calls to victims that it had been hired by the U.S. government to collect debts and fees for nonexistent offenses like “check fraud.”
NEW YORK (Reuters) – Atlas Energy LP has a deal for investors eager to get in on the U.S. energy boom: Contribute at least $25,000 in a partnership that will drill for oil and gas in Texas, Ohio, Oklahoma and Pennsylvania and then share any revenue from the wells’ output.
Atlas Resources LLC, a subsidiary of the Pittsburgh, Pennsylvania-based energy group, aims to raise as much as $300 million before the offer closes Dec. 31. The company says it will toss in up to $145 million of its own capital, too.
NEW YORK, Nov 11 (Reuters) – Atlas Energy LP has a deal for investors eager
to get in on the U.S. energy boom: Contribute at least $25,000 in a partnership
that will drill for oil and gas in Texas, Ohio, Oklahoma and Pennsylvania and
then share any revenue from the wells’ output.
Atlas Resources LLC, a subsidiary of the Pittsburgh, Pennsylvania-based
energy group, aims to raise as much as $300 million before the offer closes Dec.
31. The company says it will toss in up to $145 million of its own capital, too.
NEW YORK (Reuters) – U.S. authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust’s disclosure that it had uncovered accounting errors, two sources familiar with the matter said on Friday.
The Federal Bureau of Investigation is conducting the investigation along with prosecutors from U.S. Attorney Preet Bharara’s office in New York, the sources said. Further details of the probe could not be learned.