Corporate Crime

Former Compton firefighter charged with arson, embezzlement

2013-05-17 13:16:00

A former Compton firefighter pleaded not guilty Friday to charges of arson, grand theft and embezzlement in connection with a fire that destroyed hundreds of thousands of dollars' worth of communications equipment in December 2011. Marcel Melanson, 37,...

Ex-Compton fire official charged with arson, theft

2013-05-17 17:56:00

Marcel Melanson was a hero in Compton. The fire battalion chief led teams that raced to help victims of car crashes and street violence. Three years ago, he got national exposure as a star of a BET reality TV program that followed Compton firefighters...

Wal-Mart's profit, sales disappoint

2013-05-16 06:25:30

It was a tough quarter for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up slightly, but the company struggled with a sales slump in its namesake business. The company, based in Bentonville,...

High-ranking Chinese official caught in anti-corruption net

2013-05-12 12:25:00

SHANGHAI — China is investigating a senior economic policymaker for alleged "serious disciplinary violations" — the highest-ranking central government official to be targeted in the new Chinese president's anti-corruption crackdown. The...

Patient is out of network, out of luck

2013-05-10 21:26:00

A worrisome abdominal pain drove Jalal Afshar to seek treatment last year at healthcare giant Kaiser Permanente. The Pasadena resident and Kaiser member had lived for years with a rare condition known as Castleman's disease, which affects the lymph...

Herbalife effort to replace KPMG 'nearing completion,' CFO says

2013-04-30 10:24:00

Herbalife Ltd. is making progress in its search for a new accounting firm, executives said during a conference call with analysts Tuesday. The Los Angeles nutritional products company was forced to hire a new accounting firm after KPMG resigned...

Herbalife shares rise above price when Ackman made allegations

2013-05-07 00:00:00

Herbalife Ltd. shares gained 4% and traded part of Monday above the price they were when hedge fund manager Bill Ackman first accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price...

Four officials accused of receiving bribes for immigration fraud

2013-05-08 12:52:00

Authorities on Wednesday announced charges against a ring of federal officials who allegedly received bribes of cash and expensive gifts in exchange for fraudulent immigration benefits. The scheme was allegedly orchestrated by Koreatown attorney Kwang...

Herbalife posts record results

2013-04-29 19:20:00

Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...

Thousands in Russia demand new elections, release of prisoners

2013-05-06 22:42:00

This post has been corrected. See bottom for details. MOSCOW — In the biggest show of opposition to Russian President Vladimir Putin since last May, thousands of demonstrators gathered Monday near the Kremlin to demand an immediate release of...

Herbalife raises estimate of legal costs amid pyramid allegations

2013-05-03 17:29:00

Herbalife Ltd. said its feud with billionaire hedge fund manager Bill Ackman has been more costly than it anticipated, prompting speculation that the company is bracing for potential government investigations. The Los Angeles nutritional products...

White Memorial Medical Center in L.A. settles kickback allegations

2013-05-04 00:00:00

White Memorial Medical Center in Los Angeles has agreed to pay $14.1 million to settle allegations that it paid illegal kickbacks to physicians to get their patient referrals. The settlement announced Friday by the U.S. Justice Department stemmed from a...

Former Compton Fire Department Deputy Chief Marcel Melanson is arraigned on grand theft, arson and embezzlement charges in Los Angeles County Superior Court.

2013-05-17 00:00:00

FBI agents conduct a search at the corporate offices of developer Highland Fairview as part of a Moreno Valley corruption investigation.

2013-04-30 14:38:00

Tim McGraw is being sued in federal court by Curb Records for copyright infringement and breach of contract.

2013-04-30 13:27:24