The founder of Milwaukee’s Arabian Fest has been sentenced to 3 years in prison for stealing $75,000 of federal block grant money. He must also pay $75,000 in restitution and a fine of $1,000. Mhammad Abu-Shawish got a sentence on […]
Carl Icahn, a major shareholder in Time Warner Inc. has been speaking out against the company’s expenses. He says that the overhead and the perks are outrageous. Corporate overhead includes airplanes used by senior management for business and personal travel. […]
The publisher of “A Million Little Pieces” by James Frey has apologized to its readers. Nan A. Talese/Doubleday published the hardcover version, while Anchor Books published the paperback edition. Both publishers are apologizing to readers for the controversy. The book, […]
It has taken four years, but Ken Lay and Jeffrey Skilling of Enron fame are finally going in front of a jury. The question remains whether or not the two heads of the company were a part of inflating earnings […]
Richard Hatch, the winner of the first season of ‘Survivor’ was convicted of evading taxes on his winnings, as well as money earned as a radio show host and earnings from a rental property. He faces prison time of up […]
The audit committee of the Milwaukee County Board is considering hiring an outside forensic accounting firm to perform a forensic audit on the finances of the Milwaukee Public Museum. This project would cost between $50,000 and $100,000. The project is […]
Ameriquest Mortgage Co. has offered $325 million to settle accusations of predatory lending in 49 states. Consumers in Wisconsin will receive over $2.7 million of the total. The company was accused of using high-pressure tactics and deception to sell mortgages […]
The first winner of my all-time favorite television show, Survivor, is on trial for alleged tax evasion. Richard Hatch is accused of not reporting to the IRS his earnings from Survivor, as well as not paying taxes on other income. […]
A government-wide analysis of the threat of money laundering in the United States has been released. Sixteen government agencies participated in assembling the data, including the Departments of Treasury, Justice, Homeland Security, the Board of Governors of the Federal Reserve […]
William Joachim of West Phoenix had been arrested on suspicion of using Brett Favre’s credit card over 40 times. He was arrest on four felony charges related to identity theft. Two other men were also arrested in the case, and […]
