A Bugatti Veyron, a Gulfstream private jet, and a $330,000 diamond ring: Feds charge 3 men for alleged $364 million Ponzi scheme to fund lavish lifestyle

Federal prosecutors have charged three men in connection with an alleged $ 364 million Ponzi scheme that could have more than 400 victims nationwide.  The men were indicted on charges of conspiracy, wire fraud, identity theft, and money laundering. The indictment alleges that the three men took $ 73 million of investors’ funds “to purchase […]

Judge to feds: No, you can’t warrantlessly put a GPS device on truck entering US

Enlarge / The border crossing at Port Huron, Michigan, as seen in 2015. (credit: Ken Lund / Flickr) At the end of August, a federal judge in Riverside, California made a potentially landmark decision for border privacy advocates—finding that it is unconstitutional for federal agents to warrantlessly install GPS tracking devices onto a truck entering […]

The feds are looking into bank transactions a GOP operative conducted during an independent search for Hillary Clinton’s emails

Drew Angerer/Getty Images Federal investigators are looking into bank transactions conducted by a GOP operative who launched an independent effort to find Hillary Clinton’s emails during the 2016 election. At the time, Peter W. Smith made clear that he wanted to uncover messages sent through Clinton’s private email server and expose them during what was […]

Feds to Big Auto: Spill It

The U.S. Commerce Department wants automakers to whisper in its ear. And by whisper, we mean fill out a 34-page questionnaire detailing all their secrets — the nitty gritty of product planning, suppliers, and finances not already disclosed in public filings — under threat of financial penalty or imprisonment. As one would assume, this latest chapter in the […]

Stem cell clinics that blinded women and used smallpox vaccine go to war with feds

Enlarge / FDA Commissioner Scott Gottlieb had vowed to crackdown on the dubious clinics. (credit: Getty | Zach Gibson) Two stem cell clinics will “vigorously defend” their dubious treatments against civil suits levied this week by the Department of Justice at the request of the Food and Drug Administration. The two clinics are no stranger […]

NDP health critic calls on feds to hold drug companies accountable for fuelling opioid crisis

Don Davies, the NDP health critic and Vancouver-Kingsway MP, formally called on the federal government to launch a criminal investigation into the conduct of opioid manufacturers in Canada and seek compensation for the costs of addiction on Thursday.

Backpage domains seized by feds, co-founder’s Arizona home raided

Enlarge (credit: Backpage) On Friday, federal law enforcement authorities seized Backpage domain names, including Backpage.com and Backpage.ca. In addition, the Arizona Republic reported that on Friday morning, law enforcement raided the Sedona-area home of Michael Lacey, a co-founder of the site. For years, Backpage has acted with impunity as a place that offered thinly veiled […]