Imperial Valley News
Former United Commercial Bank Chief Credit Officer Convicted of Securities and Other Corporate Fraud
San Francisco, California - A jury convicted Ebrahim Shabudin yesterday of seven felony counts of conspiracy, securities fraud and other corporate fraud offenses stemming from the failure of United Commercial Bank (UCB), announced U.S. Attorney Melinda Haag of the Northern District of California, Acting Inspector General Fred W. Gibson Jr. of the Federal Deposit Insurance Corporation’s Office of the Inspector General, Special Inspector General Christy Romero of the Troubled Asset Relief Program, Inspector General Mark Bialek of the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau’s Office of the Inspector General and Special Agent in Charge David J. Johnson of the FBI’s San Francisco Division.
Washington, DC - Today, Secretary of Homeland Security Jeh Johnson will travel to New Orleans to meet with the Transportation Security Officers and Jefferson Parish deputies involved in the attack last week at the Louis Armstrong New Orleans International Airport and thank them for their prompt and decisive response to stop and apprehend the assailant.
Multi-million dollar rewards offered for information leading to capture of 2 Russian cybercrime fugitives
Washington, DC - The U.S. Department of State's Transnational Organized Crime (TOC) Rewards Program is offering multi-million dollar rewards for information leading to the arrest and/or conviction of two alleged Russian cyber criminals identified during a far-reaching federal investigation into a worldwide online marketplace for stolen personal and financial information.
Washington, DC - Agriculture Secretary Tom Vilsack today announced the USDA awarded $9 million in grants to develop childhood obesity intervention programs through colleges and universities in 12 states and Puerto Rico. The grants are funded through the Agriculture and Food Research Initiative (AFRI), the flagship competitive grant program authorized under the 2014 Farm Bill.
Washington, DC - Using observations from NASA’s Hubble Space Telescope and Chandra X-ray Observatory, astronomers have found that dark matter does not slow down when colliding with itself, meaning it interacts with itself less than previously thought. Researchers say this finding narrows down the options for what this mysterious substance might be.
Energy Department Offers Conditional Commitment to Alcoa to Support Manufacturing of Aluminum for Automotive Sector
Washington, DC - As part of the Administration’s effort to support advanced vehicles that are more affordable for Americans to drive, strengthen U.S. leadership in manufacturing advanced vehicle technologies, and reduce greenhouse gas emissions through increased fuel efficiency, the Department of Energy announced a conditional commitment for a $259 million loan to Alcoa Inc. today.