Two former insurance agents have been sentenced to state prison for defrauding life insurance companies out of $150,000, the Los Angeles County District Attorney’s Office
A North Hollywood man was charged today for vandalizing and starting fires inside a church last week, the Los Angeles County District Attorney’s Office announced.
The Justice Department announced today that Wells Fargo Bank, N.A. and several of its affiliates (Wells Fargo) will pay a civil penalty of $2.09 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) based on the bank’s alleged origination and sale of residential mortgage loans that it knew contained misstated income information and did not meet the quality that Wells Fargo represented. Investors, including federally insured financial institutions, suffered billions of dollars in losses from investing in residential mortgage-backed securities (RMBS) containing loans originated by Wells Fargo.
LOS ANGELES – A meat processor that supplied Southern California grocery chains, the company’s owner and a plant manager have pleaded guilty to federal charges related to the sale of “misbranded” beef, pork and poultry products that illegally bore the official USDA mark and falsely indicated the meats had been inspected by federal authorities.
A gang member was sentenced today to 50 years to life in state prison for fatally shooting a woman whose body was later found inside an ice chest in Whittier, the Los Angeles County District Attorney’s Office announced.