Most people would describe what the Florida middle-school boy did as a prank. However, law enforcement officials have arrested the 14-year-old for unauthorized access to a computer system which is a felony. What did the eighth-grader who lives southwest of Orlando do? He got into the school computer network and onto a teacher's computer. He then changed the background image on the teacher's
Archives for May 2015
The federal government is like a giant octopus with its long arms reaching into the pockets of millions of Americans across the nation. It pulls money out of most pockets and puts money into others in its efforts to provide services and care to people on Medicare and Medicaid. Senate Judiciary Committee Chair Chuck Grassley thinks too much money is being put into the pockets of Medicare
The Security and Exchange Commission is attempting to prevent BBX Capital Corp. Chairman and CEO Alan B. Levan from holding any position as an officer or executive of a publically traded company. Levan and BBX were held liable for securities fraud and accounting fraud by a jury late last year. The CEO has an SEC fine pending against him for $1.56 million, while BBX faces a $5.2 million penalty.
An Orlando TV station reports that a former Florida concert promoter will be facing white collar charges this fall. Prosecutors say the man's Worldwide Entertainment Inc. was a Ponzi scheme in which investors poured $300 million into the front-end and the defendant took funds from the back end for personal use and to pay off earlier investors. He faces accusations in federal court of fraud and