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Bankers convicted in NY Libor trial

2015-11-06 00:36:55| BBC News | Business | UK Edition

Two British bankers are convicted by a New York jury of manipulating bank lending rates.

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LO realtor now convicted criminal for hiring cheaper day laborers to remodel asbestos-laden home

2015-10-27 21:19:24| Real Estate - Topix.net

A Lake Oswego real-estate agent who investigators say tried to cut corners -- by hiring untrained day laborers to remove asbestos from a trendy Southeast Portland house that he was flipping -- pleaded guilty Monday to a misdemeanor crime. William Gaffney had no previous criminal history, but state investigators say his actions in March 2014 moved into the criminal realm when he failed to hire a trained asbestos-abatement company to gut the 1908 Craftsman-style home, just steps from hip Hawthorne Boulevard.

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Head of shuttered charter schools in Columbus, Ohio, convicted of stealing school funds

2015-10-23 23:18:00| American School & University

A jury found the founder of the Talented Tenth Leadership Academies guilty of stealing $7,500 meant for the schools, which closed in 2013 read more

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Pastor and car dealer convicted after conducting $1.1m cash transaction

2015-10-22 05:26:01| Auto Dealers - Topix.net

A Westmoreland pastor and a car dealer accused of conducting a $1.1 million cash transaction have been convicted of breaches of the Proceeds of Crime Act . The pastor and his co accused 60-year-old Oswald Spence, businessman of Claude Clarke Avenue in St James and owner of a car dealership in Montego Bay, St James are to be sentenced on November 30. The pastor, who heads a congregation on Cooke Street, Savanna-la-Mar and his co accused were arrested and charged with breaches under the Proceeds of Crime Act on September 18 and September 23 respectively.

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Former Chinese state oil boss convicted of corruption

2015-10-12 13:42:34| Energy - Topix.net

Chinese state media say a top official who led the country's biggest petroleum company and later was assigned to oversee state-owned firms has been convicted of corruption and sentenced to 16 years in prison. State broadcaster CCTV said Jiang Jiemin, former chairman of the state-run China National Petroleum Corp., told the court that he would not appeal Monday's verdict.

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