FTC Moves to Stop Online Payday Lender
(Credit:
level5motorsports.com)
The Federal Trade Commission filed an injunction today in a federal court to halt the practices of a payday lending operation it describes as deceiving borrowers out of millions of dollars and threatening consumers.
Continue »"Storm Chasers" convicted in insurance scam
Image from undercover video provided by National Insurance Crime Bureau shows contractor claiming to inspect a house who's really inflicting damage he would later say was caused by hail, to try to collect insurance money for fixing it.
(Credit: National Insurance Crime Bureau/CBS)A Pennsylvania man and a construction company today pleaded guilty in an insurance fraud scheme exposed in a CBS News investigation last December. New Jersey's Attorney General says Dominik Sadowski and Precision Builders pleaded guilty and have been ordered to pay more than $68,000 in restitution. Precision Builders will also pay a $250,000 criminal fine.
Sandowski admitted that between Jan. 19 and April 25, 2011 he caused fraudulent property damage insurance claims to be submitted by Precision Builders to Traveler's Insurance Company. As reported by CBS News, representatives from Precision Builders would canvass neighborhoods after hail storms, convince residents their homes had been damaged by hail, and then offer them new siding and roofing at no cost to them. The cost of the makeovers were then covered by the residents' homeowner's insurance policies. Several homeowners said they were not aware they had any hail damage before they were solicited by Precision Builders.
Continue »Court: FDA must address antibiotics in livestock
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CBS)
A federal court has ruled the FDA must address antibiotic overuse in animal feed. That decision came last night in a lawsuit filed by public interest groups including Public Citizen. "It is unfortunate that FDA has dragged its feet for so long on this issue, but we are pleased that the Court has ordered FDA finally to do its job," said Michael Kirkpatrick, a Public Citizen attorney.
Continue »Following the trail of fake Avastin
A CBS News investigation tracked counterfeit vials of the cancer drug Avastin from Turkey and Egypt through several European countries to U.S. shelves.
(Credit: CBS News)In February, the U.S. Food and Drug Administration warned Americans that counterfeit versions of the life-saving Cancer drug Avastin made their way into as many as 19 medical practices in this country.
Fake Avastin tied to small Montana distributorCBS News launched an investigation to find out how this could have happened, where the drugs came from, and who was responsible.
CBS News chief investigative correspondent Armen Keteyian first followed the zigzagging path of the counterfeit drugs into the U.S. through as many as six countries as far away as Egypt and Turkey. Part one: How fake Avastin from overseas ends up in the U.S.Part two: Fake Avastin importer claims he broke no laws
Part three: Fake Avastin shipper tied to Canadadrugs.com
Keteyian and the CBS News investigative unit then traveled to the Caribbean nation of Barbados where they tracked down the man responsible for bringing the fake Avastin into the United States, Tom Haughton
In a report Thursday on "CBS This Morning," CBS revealed how one of Canada's largest internet pharmacies, Canadadrugs.com, is shipping unapproved drugs into the United States and the company's connection to the man responsible for shipping counterfeit Avastin into the US.
ATF let gunwalking suspect go after arrest
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CBS)
The prime suspect in the botched gun trafficking investigation known as "Fast and Furious" -- Manuel Acosta -- was taken into custody and might have been stopped from trafficking weapons to Mexico's killer drug cartel early on. But the Bureau of Alcohol, Tobacco and Firearms (ATF) let him go, according to new documents obtained by CBS News.
An ATF "Report of Investigation" obtained by CBS News shows Border Patrol agents stopped Acosta's truck on May 29, 2010. Inspectors said they found illegal materials including an "AK type, high capacity drum magazine loaded with 74 rounds of 7.62 ammunition underneath the spare tire." They also noted ledgers including a "list of firearms such as an AR15 short and a Bushmaster" and a "reference about money given to 'killer.'"
Continue »Florida man threatened to kill president on facebook
Joaquin Serrapio, of Miami, was arrested by the U.S. Secret Service on Feb. 24 and charged with threatening to kill or inflict bodily harm to the President of the United States.
(Credit: Facebook)A 20-year-old Florida man, who was arrested last week, said he was going to "put a bullet through" President Barack Obama's "head" and he wanted video of the incident to appear on YouTube, according to a federal criminal complaint released today.
Continue »Congressional investigators fault ATF's "irresponsible tactic" in ICE agent murder
Immigration and Customs Agent Jaime Zapata (left) and Border Patrol Agent Brian Terry (right).
Second gun used in ICE agent murder linked to ATF undercover operation
U.S. Immigration and Customs Enforcement Special Agent Jaime Zapata was shot and killed in the line of duty Feb. 15 2011 after he was attacked by unknown assailants while driving between Monterrey, Mexico, and Mexico City. One year later, his family still lacks answers about his death.
(Credit: U.S. Immigration and Customs Enforcement)Prosecutors recently sentenced a Texas man, Manuel Barba, for trafficking a weapon connected to the murder of Immigration and Customs (ICE) Agent Jaime Zapata. Nobody was more astonished to learn of the case than Zapata's parents, who didn't know that Barba had been arrested or linked to their son's murder.
Continue »Fake Avastin tied to small Montana distributor
Caption: This undated photo provided Jan. 31, 2011, by California-based Genentech Inc., shows the blockbuster cancer drug Avastin. A new analysis raises fresh questions about the risks of Avastin, suggesting the chance of dying from side effects linked to it is higher than the risk for patients on chemotherapy alone.
(Credit: AP Photo/Genentech Inc.)CBS News correspondent Armen Keteyian reports that the fake cancer treating drug contained no active ingredient. It was purchased from a company called Montana Healthcare Solutions, whose address traces to a house in tiny Belgrade, Montana. The counterfeit drug eventually found its way to at least 19 doctors in three states.
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