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Business & Lifestyle

Martin Shkreli found guilty of security fraud

NEW YORK CITY (UPI) -- A jury on Friday found Martin Shkreli, the pharmaceutical executive who came under scrutiny for hiking the cost of a drug by 5,000%, guilty on three counts related to securities fraud. The fraud charges are unrelated to the drug price hike, and have to do with a Ponzi scheme he ran between 2009 and 2014 in which he bilked investors out of a total of $11 million. He was found guilty on three out of the eight charges he […]

todayAugust 5, 2017 1

Business & Lifestyle

Ex-Arizona sheriff Joe Arpaio guilty of contempt in immigration stops

PHOENIX (UPI) -- A Federal judge on Monday found Joe Arpaio, a former sheriff in Arizona, guilty of ignoring a judge's order to stop racial profiling in immigration enforcement. U.S. District Judge Susan Bolton said Arpaio is guilty of contempt of court for failing to comply with an order from U.S. District Judge G. Murray Snow in 2011 to stop detaining people based only on the belief that they are in the United States illegally. Arpaio, 85, the Republican sheriff of Maricopa County, […]

todayJuly 31, 2017 1

Business & Lifestyle

U.S. government contractor in Afghanistan pleads guilty to $250k kickback scheme

Ray Downs, United Press International Writer WASHINGTON (UPI) -- A former employee of a U.S. government contractor in Afghanistan pleaded guilty to accepting more than $250,000 in illegal kickbacks from a subcontractor, in exchange for assistance in obtaining government contracts, officials said. According to the Department of Justice, Nebraska McAlpine, 56, of Smyrna, Ga., admitted that he and an Afghan executive agreed to a deal that would give McAlpine cash in exchange for no-bid contracts. The name of the executive and the subcontracting […]

todayJuly 19, 2017 2

Business & Lifestyle

Former Vanderbilt football player found guilty of rape

NASHVILLE, Tenn. -- A grand jury found a former Vanderbilt University football player of raping an unconscious female student in a teammate's dorm room back stemming from a 2013 incident in a Nashville courtroom Friday. The jury, after 15 hours of deliberations, found 23-year-old Brandon Banks guilty on charges of aggravated rape and aggravated sexual assault. The case against Banks stoked simmering concerns about sexual assault on college campuses by student-athletes. Sentencing will take place on August 18, where Banks […]

todayJune 24, 2017 3

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