FBI Releases Top Stories from the Week

July 10th, 2009

The US Federal Bureau of Investigation (FBI) has released its digest of the weeks top news stories – two of which are financially related.  From the release:

4. San Diego: Indictment Charges Civilian Navy Employees and Contractors with Fraud and Bribery

A 25-count indictment was unsealed on 07/07/09, charging six individuals with corruption and fraud charges related to defense contracting at Space and Naval Warfare Systems Command (SPAWAR), a government organization based in San Diego that is responsible for the development of technology to collect, process, display and manage information essential to successful military operations. Full Story

7. New York: Six Charged in $140 Million Investment Fraud and Stock Manipulation Scheme

Ross H. Mandell, Stephen Shea, Adam Harrington, a/k/a “Adam Rukdeschel”, Arn Wilson, Robert Grabowski, and Michael Passaro have been charged in a two-count Indictment with conspiracy to commit securities, wire and mail fraud; and with securities fraud. The defendants surrendered to agents of the FBI. Full Story

To read the whole release and for more click here.

Written by Clark Gascoigne

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