
Disgraced financier Allen Stanford's alleged $7 billion Ponzi scheme is said to have ruined the livelihoods of thousands of victims. Now it could result in a seven-figure loss for one more party: his own defense team.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)An expert witness for the federal government in the case against alleged "underwear bomber" Umar Farouk Abdulmutallab has constructed a version of the bomb the Nigerian 24-year-old allegedly tried to set off on a plane en route to Detroit on Christmas Day 2009.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Attorney General Eric Holder said the life sentence given to the first former Guantanamo inmate tried in a civilian courtroom today shows the ability of the American legal system to deal with terrorism cases.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)According to local news reports, former Detroit mayor Kwame Kilpatrick has been indicted on federal corruption charges.
Kilpatrick was charged along with his father, Bernard Kilpatrick, and several other former city officials: city contractor Bobby Ferguson, former top Kilpatrick aide Derrick Miller and former water department chief Victor Mercado, according to the Free Press.
According to the Detroit News, the men are being charged under Racketeer Influenced and Corrupt Organizations, or RICO, a law usually used to prosecute mobsters and other perpetrators of organized crime.
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