Anti-Islam Film Producer Arrested in LA A judge will decide whether or not Nakoula Basseley Nakoula, the producer behind the ‘Innocence of Muslims’ film, violated the terms of his 2010 conviction on bank fraud charges. NBC’s Savannah Guthrie reports.
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Hecker won’t wipe out $767 million in debt through bankruptcy
In a surprise, the former auto tycoon agreed with the bankruptcy trustee that his $767 million debt will not be forgiven Besieged auto dealer Denny Hecker this week gave up his desperate court fight to get out of debt so he can focus his energies on staying out of prison. In a surprising twist, the […]
Trader faces trial over alleged $7B fraud
The French trader accused of a multi-billion-dollar fraud at banking giant Societe Generale will go on trial next year, a lawyer for the bank said Tuesday. Jerome Kerviel will face charges including forgery, breach of trust, and introducing fraudulent data into the bank’s data system, Societe Generale lawyer Jean Veil told CNN. He faces a penalty of up to five years in prison and a fine of up to €375,000 euros ($538,000), Veil said