federal prison

CA man sentenced to 10 years for investment scam

Newsvine - business  Wed, 05/12/2010 - 22:18

A Southern California insurance salesman has been sentenced to 10 years in federal prison after pleading guilty in an investment scheme that bilked 140 people out of millions of dollars.


 

LA man gets prison for repackaging plane parts

Newsvine - business  Mon, 11/09/2009 - 21:53

A Los Angeles businessman has been sentenced to 2 1/2 years in federal prison for selling uncertified aircraft manufacturing parts that were used to make Boeing 737 airplanes.


 

Va. sentences Fla. man to 100 years for fraud

Newsvine - business  Tue, 08/04/2009 - 15:58

A Miami businessman who stole $126 million from hundreds of people across the country was sentenced to 100 years in federal prison Tuesday after a judge heard three hours of wrenching, often tearful testimony from eight victims.


 

3 sentenced in LA for sending technology to China

Newsvine - business  Tue, 08/04/2009 - 15:53

Three Beijing men have been sentenced to federal prison for shipping or trying to ship restricted technology from Los Angeles to China.


 

Madoff Arrives at Federal Prison in North Carolina

NYT > Business  Tue, 07/14/2009 - 11:53

The convicted swindler begins to serve a 150-year sentence for his crimes.


 

Madoff arrives at North Carolina prison

MSNBC.com: Business  Tue, 07/14/2009 - 09:57

 The disgraced Wall Street financier Bernard Madoff has arrived at a prison in Butner, N.C., to begin a 150-year sentence.<br /><br />CNBC’s Scott Cohn reports.  (CNBC)Disgraced financier Bernard Madoff arrived at a federal prison in Butner, N.C., late morning Tuesday — the institution where he will begin a 150-year sentence.



 

Former HealthSouth executive gets prison time

Newsvine - business  Wed, 07/01/2009 - 15:17

A former HealthSouth Corp. finance chief has been ordered to spend three months in federal prison for his role in the $2.6 billion financial fraud that nearly wrecked the company.