Bayou fund founder seeks to leave prison early, cites health
NEW YORK (Reuters) – Samuel Israel, a hedge fund manager who faked his own suicide to avoid prison after admitting to running a $450 million fraud, is trying to shorten his 22-year sentence or be set free, saying his health has worsened and authorities…
Boston bomber’s lawyers ask judge to exclude hospital statements
BOSTON (Reuters) – Lawyers for the accused Boston Marathon bomber on Wednesday asked a judge not to allow statements the defendant made to the FBI while handcuffed to a hospital bed with his jaw wired shut to be read at trial since he did not have an a…
New York fund manager to serve nearly four years in prison for Ponzi scheme
NEW YORK (Reuters) – A former New York fund manager was sentenced Wednesday to nearly four years in prison after admitting to running a Ponzi scheme in which he stole $2.9 million from hedge fund investors.
U.S. drug ‘mule’ gets 3-year prison term on his 90th birthday
DETROIT (Reuters) – A 90-year-old Indiana man who admitted serving as a cocaine courier for a Mexican drug cartel was sentenced on Wednesday to three years in federal prison.
Colorado Senate OKs co-op banking option for marijuana sellers
DENVER (Reuters) – The Colorado state Senate passed a bill on Wednesday to create the nation’s first state-run marijuana financial cooperative, with the ultimate aim of opening newly legalized cannabis retail outlets to key banking services through the…
Fast-food workers threaten global wage protests next week
NEW YORK (Reuters) – Fast-food workers plan strikes in 150 cities across the United States and protests in 33 other countries on May 15 to demand higher pay and better working conditions, organizers said in New York on Wednesday.
Seattle lawyer pleads guilty to raping massage therapists
OLYMPIA, Washington (Reuters) – A prominent Seattle attorney pleaded guilty on Wednesday to raping five immigrant women who worked at Asian massage parlors in the Seattle area in a deal expected to result in a 25-year prison sentence, prosecutors said….
U.S. drug agents raid synthetic drug dealers
WASHINGTON (Reuters) – More than 150 synthetic drug makers and sellers have been arrested in a U.S. crackdown on designer drugs whose profits largely flow to the Middle East, the Drug Enforcement Administration said on Wednesday.
U.S. general confident F-35 logistics system will work overseas
WASHINGTON (Reuters) – The computerized logistics system that controls the Lockheed Martin Corp F-35 fighter jet still needs work, but it will be able to support three F-35s on their first overseas trip for two UK air shows this summer, a top Pentagon …
U.S. drug ‘mule’ gets three-year prison sentence on his 90th birthday
DETROIT (Reuters) – An Indiana man who prosecutors said hauled more than a ton of cocaine to Michigan from the southwestern United States over several trips was sentenced on Wednesday, his 90th birthday, to three years in federal prison.
