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U.S. Navy Petty Officer Sentenced to 27 Months in Prison for Trading Classified Information in International Fraud and Bribery Scandal

Posted by Fay Arfa | Jan 25, 2016 | 0 Comments

A U.S. Navy Petty Officer First Class was sentenced today to 27 months in prison for accepting cash, consumer electronics and travel expenses from foreign defense contractor Glenn Defense Marine Asia (GDMA) in exchange for classified U.S. Navy information. Assistant Attorney General Leslie R. Cal...

Executive at Now-Defunct Mirae Bank Indicted in Loan Fraud Case that Caused $33 Million in Losses and Contributed to Failure of Bank

Posted by Fay Arfa | Jan 14, 2016 | 0 Comments

LOS ANGELES– The former chief marketing officer at Mirae Bank was arrested this morning on federal bank fraud charges that allege he was responsible for the bank issuing $150 million in fraudulent loans – loans that caused the bank to suffer $33 million in losses and were “a significant factor i...

Man Sentenced to Prison for Killing Woman Over a Parking Spot

Posted by Fay Arfa | Jan 06, 2016 | 0 Comments

A 23-year-old man was sentenced today to 13 years in state prison for killing a woman at a Santa Fe Springs swap meet parking lot, the Los Angeles County District Attorney's Office announced. On Aug. 14, a jury found defendant Reggie Cervantes guilty of one felony count of voluntary manslaughter ...

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