San Francisco City Supervisor Charged with Mail Fraud

Ed Jew, a San Francisco supervisor who has been accused of attempting to extort $80,000 from a group of fast-food business owners has pleaded not guilty and was released on $1 million bail. Jew was charged Thursday with one federal count of mail fraud after accusations stemming from an FBI sting where it is asserted that operators of a group of tapioca drink shops gave Jew $40,000 in cash and said they would pay him another $40,000 later. Jew has acknowledged taking the money but asserts that he did so at the businessmen’s insistence and on behalf of a consultant Read More

David Brooks Indicted for Securities Fraud, Tax Fraud

David Brooks, a former chief executive of body-armor maker DHB Industries Inc, faces criminal securities fraud charges; he was released on $400 million bails. DHB Industries is now known as Point Blank Solutions Inc PBSO.PK and has new management. The U.S. Attorney’s office in Brooklyn, which is prosecuting the case, has accused Brooks and former DHB Chief Operating Officer Sandra Hatfield of improperly altering the company’s books to increase earnings and profit margins. Brooks was charged in October with securities fraud, insider trading, tax evasion and other offenses. Federal prosecutors contend he improperly inflated corporate profits and made the company Read More

ˆ Back To Top