Imperial Valley News
11th Defendant in $17 Million Case Stemming from Indy Movie Financing Scam Sentenced to Over 11 Years in Federal Prison
Los Angeles, California - A Palm Springs man who helped fraudulently raise millions of dollars for independent movie productions – money that primarily went to the fundraisers – has been sentenced to 135 months in federal prison.
Washington, DC - U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) released their annual report stating that the total number of products seized containing Intellectual Property Rights (IPR) infringements increased nearly 25 percent in fiscal year 2015. The collaboration netted 28,865 seizures of shipments, an increase from 23,140 in fiscal year 2014.
Los Angeles, California - U.S. Customs and Border Protection (CBP) officers at Los Angeles/Long Beach (LA/LB) Seaport complex intercepted and seized a red 1981 Ferrari 308 GTSi, destined to Poland, on April 8. It was stolen 28 years ago, has 45K miles and an estimated value of $50K.
Calexico, California - U.S. Border Patrol agents assigned to the El Centro Station arrested a previously deported registered sex offender ten miles west of the Calexico Port of Entry Tuesday.
Washington, DC - U.S. Customs and Border Protection Commissioner R. Gil Kerlikowske has directed the issuance of a withhold release order against imported potassium, potassium hydroxide, and potassium nitrate manufactured or mined by Tangshan Sunfar Silicon Company, a.k.a. Tangshan SunFar Silicon Industries Co. Ltd. in the People’s Republic of China. The order will require detention at all U.S. ports of entry of any such merchandise manufactured by this company.
Freedom Mortgage Corporation Agrees to Pay $113 Million to Resolve Alleged False Claims Act Liability Arising from FHA-Insured Mortgage Lending
Newark, New Jersey - Freedom Mortgage Corporation has agreed to pay the United States $113 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting single family mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) that did not meet applicable requirements for the FHA insurance program, the Justice Department announced Friday.