Lindsay's Feed
Mar 26, 2015

U.S. drug agents had sex parties funded by drug cartels: watchdog

WASHINGTON (Reuters) – U.S. Drug Enforcement Administration agents had alleged “sex parties” with prostitutes over several years, said a report published on Thursday and stemming from a review of allegations of misconduct by several DEA agents in Colombia.

The alleged parties were funded by local drug cartels, said the report by the Justice Department’s Office of the Inspector General, an agency internal watchdog.

Mar 25, 2015

U.S. ATF had to ditch $600,000 worth of surveillance drones: watchdog

WASHINGTON (Reuters) – The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives spent about $600,000 on six drones that had so many defects they were never used for video surveillance as planned, and were eventually ditched, the Justice Department’s internal watchdog reported on Wednesday.

The Office of the Inspector General said it was “troubled” that the ATF, a Justice Department agency, spent money between September 2011 and September 2012 on drones that were rendered unsuitable.

Mar 23, 2015

Ex-Bechtel exec gets 3-1/2 years in prison for taking $5.2 mln in kickbacks

By Lindsay Dunsmuir

(Reuters) – A former executive at Bechtel Corp was sentenced
to 3-1/2 years in prison on Monday for accepting $5.2 million in
kickbacks for state-run power contracts in Egypt.

Asem Elgawhary, who lives in Maryland but was a general
manager at a joint venture Bechtel ran with Egypt’s state-owned
electricity company, pleaded guilty in early December to taking
the kickbacks from three power companies.

Mar 19, 2015

U.S. judge dismisses lawsuit over $13 billion JPMorgan Chase settlement

WASHINGTON (Reuters) – A U.S. federal judge tossed out a lawsuit brought by non-profit group Better Markets that sought to block a $13 billion settlement JPMorgan Chase & Co reached with the U.S. Justice Department over shoddy mortgage loans sold to investors before the financial crisis.

Judge Beryl A. Howell accepted a motion by the Justice Department filed last May to dismiss the lawsuit, which argued that the group founded in 2010 to advocate for tough Wall Street reforms lacked standing to sue.

Mar 17, 2015

U.S. Air Force veteran accused of trying to assist Islamic State

WASHINGTON/NEW YORK (Reuters) – A U.S. Air Force veteran has been charged with trying to provide support for the Islamic State militant group, U.S. prosecutors said on Tuesday.

A federal grand jury in New York City indicted Tairod Nathan Webster Pugh for attempting to provide material support to the group and attempted obstruction of justice.

Mar 17, 2015

Attorney general candidate Lynch faces tough test in U.S. Senate

WASHINGTON (Reuters) – President Barack Obama’s choice of Loretta Lynch to be the next top U.S. law enforcement official is ensnared in infighting over abortion and immigration policy and, if that can be overcome, a tight vote once her nomination arrives before the Senate.

Congressional vote counters on Tuesday were speculating on the possibility of a 50-50 Senate tie, which would result in her confirmation as attorney general, assuming Democratic Vice President Joe Biden broke the deadlock by voting for her.

Mar 12, 2015

Commerzbank to pay $1.45 billion to resolve probes on Iran, Olympus

WASHINGTON (Reuters) – Commerzbank AG (CBKG.DE: Quote, Profile, Research, Stock Buzz) has agreed to pay U.S. authorities $1.45 billion to resolve an investigation of its dealings with Iran and other sanctioned countries as well as a separate probe of its money laundering controls, the U.S. authorities said on Thursday.

U.S. authorities accused German’s second largest lender of knowingly moving money through the U.S. financial system on behalf of black-listed entities from at least 2002 and 2008, partly by stripping identifying information from incoming wires that would have helped flag the transactions.

Mar 10, 2015

Tylenol maker to pay $25 mln for selling metal-contaminated drugs

WASHINGTON, March 10 (Reuters) – A Johnson & Johnson
subsidiary pleaded guilty on Tuesday to selling liquid medicine
contaminated with metal and agreed to pay $25 million to resolve
the case, the U.S. Department of Justice said on Tuesday.

The subsidiary, McNeil Consumer Healthcare, pleaded guilty
to one federal criminal charge in the case.

Mar 6, 2015

U.S. charges three in ring that stole 1 billion email addresses

WASHINGTON/BOSTON (Reuters) – Two Vietnamese citizens and a Canadian have been charged with running a massive cyber fraud ring that stole 1 billion email addresses, then sent spam offering knockoff software products, the U.S. Department of Justice said on Friday.

Court documents did not identify the email companies that were victimized, though the Justice Department described the hacking spree as “one of the largest” data breaches uncovered in U.S. history.

Mar 3, 2015

JPMorgan to pay $50 mln over improper mortgage practices

By Lindsay Dunsmuir

(Reuters) – JPMorgan Chase will pay $50 million as
part of a national settlement agreement to compensate homeowners
in bankruptcy over the use of robo-signing and other improper
practices, the Department of Justice said on Tuesday.

The settlement includes cash payments, mortgage loan credits
and loan forgiveness to more than 25,000 homeowners, the
department said in a statement.