JPMorgan’s Korea chief in trading probe

June 11 (Reuters) – The head of JPMorgan Chase’s South Korean unit, Steve Lim, is being investigated by local authorities probing insider trading allegations, an official at the Financial Supervisory Service (FSS) said on Friday.

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“We probed JPMorgan and its chief over unfair trading and referred the issue to prosecutors,” the official told Reuters, asking not to be named as he was not authorised to speak to the media.

Ernst Lee, spokesman for the Financial Services Commission (FSC), said Lim was under investigation for suspicious transactions conducted last year. “We have not been informed of the result,” he said.

Lim, one of the longest serving chiefs of a foreign bank operating in South Korea, was quizzed by prosecutors this week over allegations of unfair trading involving two to three firms including building materials firm KCC Corp (002380.KS), the Money Today newspaper reported earlier.

Money Today quoted Lim as denying all allegations, saying he was not investigated by prosecutors. He noted one of his relatives was investigated over KCC stock trading.

JPMorgan declined comment. (Reporting by Miyoung Kim and Kim Yeon-hee in SEOUL and Daniel Stanton at IFR in SINGAPORE, Editing by Ian Geoghegan)

Suspected Belgian courtroom killer arrested

(Reuters) – Belgian police have arrested a man suspected of shooting dead a judge and a clerk in a courtroom in central Brussels Thursday, Brussels prosecutors said Friday.

World

The man, armed with a gun, was overpowered in a Brussels park between the royal palace and parliament late Thursday.

Prosecutors said he had admitted killing the 61-year-old female judge in revenge for his eviction from an apartment three years ago following a rent dispute. A 59-year-old clerk was also killed.

“The investigation will have to determine whether the man was mentally ill,” said prosecution spokesman Jean-Marc Meilleur. He declined to comment on the nationality of the man, who will be questioned further Friday.

It was the first time a judge had been killed in a Belgian court, the justice minister said Thursday.

(Reporting by Antonia van de Velde, editing by Tim Pearce)(Reuters) – Belgian police have arrested a man suspected of shooting dead a judge and a clerk in a courtroom in central Brussels Thursday, Brussels prosecutors said Friday.

World

The man, armed with a gun, was overpowered in a Brussels park between the royal palace and parliament late Thursday.

Prosecutors said he had admitted killing the 61-year-old female judge in revenge for his eviction from an apartment three years ago following a rent dispute. A 59-year-old clerk was also killed.

“The investigation will have to determine whether the man was mentally ill,” said prosecution spokesman Jean-Marc Meilleur. He declined to comment on the nationality of the man, who will be questioned further Friday.

It was the first time a judge had been killed in a Belgian court, the justice minister said Thursday.

(Reporting by Antonia van de Velde, editing by Tim Pearce)

Nomura sued by Japan shipping firm for Madoff deal

June 1 (Reuters) – Japanese shipping firm Inui Steamship Co (9113.T) said it has sued Nomura Holdings (8604.T) for $5.1 million for brokering an investment with convicted U.S. swindler Bernard Madoff.

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An official for Inui said the company filed the suit with the Tokyo District Court last month, saying it lost $5.1 million on dollar-denominated securities sold by Nomura and invested with Madoff. The official asked not to be named.

Kenji Yamashita, a spokesman for Nomura, Japan’s largest brokerage, confirmed the suit but declined to elaborate.

Details of Inui’s complaint and Nomura’s response were unavailable from the court.

Madoff is serving a 150-year prison term after pleading guilty to 11 counts of securities and mail fraud, perjury and other charges in March 2009. Prosecutors say he ran a $65 billion Ponzi scheme in which he cheated investors who believed he was generating safe, consistent returns with their money.

A Ponzi scheme is one in which corrupt money managers use funds from some clients to pay other clients. The scheme collapses when they are eventually unable to meet redemptions. (Reporting by Junko Fujita; Editing by Muralikumar Anantharaman)

Jailed for 15 years, US woman wants to be pastry chef

Lima, May 26 (IANS/EFE) An American woman, who spent 15 years in a Peruvian prison for helping rebels plan an attack on the parliament, has been granted parole and wants to work as a translator and a pastry chef.

Lori Berenson, 39, a native of New York, was released Tuesday. However, judge Jessica Leon Yarango barred her from leaving Peru and forbade any contact with others convicted of terrorism.

Berenson signed the parole document without raising any objections or consulting her attorney and resisted posing for photographers.

She has to remain in Peru for the remaining part of her original 20-year sentence, and is planning to work as a translator and a pastry chef, her lawyer said.

Berenson was arrested in December 1995 as she was leaving the Peruvian Congress. She was found to have entered the premises with false press credentials to obtain information on the building’s security systems to plan an attack by the Tupac Amaru Revolutionary Movement (MRTA), prosecutors said.

A day after her arrest, police foiled a plot to occupy the Congress building, take lawmakers hostage and exchange them for jailed leaders of the now-defunct rebel group.

Berenson is married to Peruvian attorney Anibal Apari, who was also paroled several years ago after serving a sentence for links with the MRTA.

Manhattan court denies bail to failed Times Square bomber

New York, May 20 (ANI): A Manhattan Federal Court has denied bail to failed Times Square bomber Faisal Shahzad, as his court-appointed defence lawyer did not challenge the prosecution’s plea of him being kept in custody through the trial.

Shahzad appeared in the court for the first time since his arrest nearly two weeks ago in connection with the May 1 botched Times Square bombing plot. He did not plead before the court following which the next hearing was scheduled for June 1.

Shahzad, who was nabbed while trying to flee to Dubai after parking a explosive laden SUV in the crowded Times Square, has been charged on five counts, including attempting to use a weapon of mass destruction and trying to kill and maim people. He faces life in prison if convicted.

During the nine-minute long hearing Shahzad kept silent and expressionless as the judge read the charges labelled against him. He spoke only once to say that statements about his finances were correct.

Magistrate Judge James Francis inquired whether Shahzad has decided to keep silent on his own.

“Yes,” replied Assistant US Attorney Randall Jackson, one of the prosecutors in the case.

Meanwhile, questions are being raised over the long time gap between Shahzad’s arrest and his first appearance in the court of law.

Noted Defence counsel Ron Kuby described the time in between Shahzad’s arrest and his court appearance as “unprecedented” suggesting that he might have been “buried in the bowels of a Manhattan version of Guantanamo,” The Dawn reports. (ANI)

Anne Hathaway makes no claim over former conman lover’s gifts

New York, May 18 (ANI): Actress Anne Hathaway has made no claim over the gifts she received from her ex-boyfriend/scam-artist Raffaello Follieri.

The stunner, 27, had until February to file a petition asserting ownership of her gifts from con man Follieri, but neither she nor any other “third parties” have staked a claim, prosecutors claimed.

In August 20008, the actress coughed up a dozen luxury items after Follieri was busted on charges of ripping off some 13 million dollars from investors.

The items include two Rolex watches, a pair of silver-colored earrings with “blue and clear stones,” a silver-colored chain with a cross pendant, two gold-colored rings, a five-strand pearl necklace and a Louis Vuitton box.

The goods will soon be auctioned off to repay Follieri”s victims, including supermarket magnate and Bill Clinton pal Ron Burkle.

Prosecutors are waiting for a final forfeiture order to take official ownership of Hathaway”s former accessories, reports the New York Post.

Manhattan federal Judge John Koeltl said he would issue a final forfeiture order if no objections are filed by May 26. (ANI)

Japan prosecutors question ruling party No.2 – TV

Prosecutors are again questioning Japanese ruling party kingpin Ichiro Ozawa over a funding scandal that threatens to further erode government support before an election, Japan’s NHK television said on Saturday.

The scandal embroiling Democratic Party secretary general Ozawa, and public perceptions that Prime Minister Yukio Hatoyama has mishandled a row over a U.S. Marine base in southern Japan, have steadily eaten into voter support for Hatoyama’s government.

A poll by Jiji news agency on Friday showed support for the government had fallen below 20 percent for the first time.

Hatoyama needs a decisive win in an upper house vote expected in July to enact laws smoothly as Japan struggles to keep its economic recovery on track while reining in a massive public debt.

The further questioning of Ozawa — the third round so far — had been expected after a judicial review panel ruled last month he should be indicted.

That ruling came after prosecutors had dropped the case against Ozawa, seen as the real power behind Hatoyama’s government, saying there was insufficient evidence.

Kyodo news agency, citing unidentified sources, said on Saturday prosecutors expected to decide whether to indict Ozawa by the end of this month.

(Reporting by Kiyoshi Takenaka)

Now a Brit actress claims Polanski sexually assaulted her when she was 16

London, May 15 (ANI): British actress Charlotte Lewis has alleged that Roman Polanski sexually assaulted her when she was 16.

The director is currently fighting to avoid extradition to the US on child sex charges in another case.

Lewis, who appeared in Polanski’s 1986 film Pirates, appeared at a press conference in Los Angeles to claim that she was abused by Polanski “in the worst possible way” at his home in Paris in 1982, while he was a fugitive from his 1977 rape trial in the US.

She claimed that the director “forced himself upon me” in his apartment in Paris.

Allred said that her client was “ready to testify under oath if and when that is necessary”.

Lewis, who read from a prepared statement, said that she had travelled from London to give a statement to prosecutors in Los Angeles and inform that the 1977 alleged rape is not the only incident that Polanski’s lawyers have claimed he was involved in.

“I am also a victim of Roman Polanski. He sexually abused me in the worst possible way when I was just 16 years old, four years after he fled the United States to avoid sentencing for his crimes.

“Mr Polanski knew I was only 16 years old when he met me and forced himself upon me in his apartment in Paris. He took advantage of me and I have lived with the effects of his behavior ever since it occurred,” The Times quoted her as saying.

She added that she wanted him to “get what he deserves” but refrained from mentioning details of the incident or the effect it had had on her life.

Polanski pleaded guilty in 1978 to unlawful sexual intercourse with Samantha Geimer but he fled the country before sentencing.

Polanski was taken into custody in Switzerland in September on a US warrant and remains there under house arrest at his home in Gstaad on 4.5-million-dollar bail. (ANI)

U.S. arrests three in Times Square bomb probe

Investigators arrested three people linked to the suspect in the failed Times Square bombing during raids on Thursday in suburbs of New York, Boston and Philadelphia but officials said there was no new threat.

The three arrested people may have provided money to Faisal Shahzad, who is accused of trying to set off a crude bomb made of fuel and fireworks in a vehicle parked in New York’s Times Square on May 1, U.S. Attorney General Eric Holder said.

In Pakistan, authorities have arrested a man linked to the Pakistani Taliban who said he helped Shahzad travel to Pakistan’s tribal areas for bomb-making training, the Washington Post reported.

The man provided an “independent stream” of evidence that the Tehrik-e-Taliban Pakistan (TTP) was behind the failed attack, the newspaper said, citing U.S. officials.

The TTP claimed responsibility for the attempted bombing. If proven, it would be the group’s first act in the United States.

Shahzad, a naturalized U.S. citizen from Pakistan, has admitted to the plot and to receiving bomb-making training in a Taliban and al Qaeda stronghold in Pakistan, prosecutors said, but he claims to have acted alone.

The Boston-area searches occurred at a house in Watertown, where two people were known to have been taken into custody, and at a gasoline station in affluent Brookline.

U.S. federal agents could be seen carrying boxes, envelopes and a crowbar out of the multifamily building in Watertown, a working-class town with a large Middle Eastern community.

Massachusetts authorities said the people had been under surveillance for some time but did not specify how long.

“These are people who are connected to Mr. Shahzad. We’re still trying to determine exactly what the nature of that connection was,” Holder told reporters in Washington.

“There’s at least a basis to believe that one of the things that they did was provide him with funds,” he said, calling the arrests a significant step.

He said investigators were looking into whether those arrested knew what the money would be used for.

A law enforcement source said the two people arrested near Boston were Pakistani. The third arrest occurred in South Portland, Maine, according to local media.

In 2001, two men suspected in the Sept. 11 attacks, including accused mastermind Mohammed Atta, left Portland to fly to Boston, where they hijacked one of the airliners that was crashed into New York’s World Trade Center.

The New York searches were in the towns of Shirley and Centereach on Long Island, while the searches in New Jersey were in Cherry Hill and Camden, not far from Philadelphia. The FBI said there were no arrests in New York or New Jersey.

The U.S. Attorney’s Office in New York and the U.S. Immigration and Customs Enforcement (ICE) in Washington said earlier that the three people were taken into custody for alleged immigration-related violations.

NO KNOWN THREAT

Also on Thursday, President Barack Obama visited New York Police Department headquarters to thank officers involved in the Times Square case.

The searches follow the arrest of Shahzad, who was detained as he tried to leave the United States on a Dubai-bound flight two days after the failed attack in New York.

He has been charged with attempting to use a weapon of mass destruction and trying to kill and maim people.

Holder said the searches were “the product of evidence that has been gathered in the investigation … and do not relate to any known immediate threat to the public or active plot against the United States.”

“We now believe that the Pakistani Taliban was responsible for the attempted attack,” Holder said.

Investigators are also looking at possible links to a Kashmiri Islamist group.

In Washington, Secretary of State Hillary Clinton said that despite its recent improved efforts, Pakistan must do more to fight extremists on its soil.

“We think that there is more that has to be done and we do fear the consequences of a successful attack that can be traced back to Pakistan because we value a more comprehensive relationship,” she said at the U.S. Institute of Peace.

The Al Jazeera news agency reported a statement from Taliban spokesman Azam Tariq as saying: “God willing, one of those days, a car like this will explode in America.”

“And America will not be the only target but also all the countries which are allied with it. America and all its allies will burn,” the statement said.

(Additional reporting by Jeremy Pelofsky and Sue Pleming in Washington, Ros Krasny in Boston and Ross Colvin, Daniel Trotta, Michelle Nichols and Christine Kearney in New York; Editing by Philip Barbara and John O’Callaghan)

US looking ‘very closely’ at adding Pak Taliban to foreign terrorist organisations list

Washington, May 12 (ANI): The Tehrik-i-Taliban Pakistan, which is said be behind the failed plot to detonate a car bomb in Times Square, is still not in the American list of foreign terrorist organisations.

The State Department still hasn’t decided if the Pakistan Taliban should be labelled as a terrorist organization.

Senator Charles Schumer urged the Obama administration on Tuesday to add the group to the US list of foreign terrorist organizations, The Wall Street Journal reports.

“I was shocked to learn that the group was omitted from the list. They’ve declared war on the citizens of the United States. We must respond appropriately,” said Schumer.

Times Square plot suspect Faisal Shahzad has told investigators that he received bomb-making training from the Taliban in his native Pakistan.

State Department spokesman P.J. Crowley said the Pakistan Taliban “is a group that we have been focused on for some time, but I think in light of the Times Square attempt, it’s something we’re looking at very closely.”

He said the department was being “intentionally deliberate” in studying whether to add the Pakistan Taliban to its list of foreign terrorist organizations, the paper reports.

Naming the group to the list is more than a symbolic move. It allows the government to bar foreign nationals affiliated with the group from entering the US, and allows the government to seize assets traced to the group.

Most importantly, the designation also allows prosecutors to use an anti-terror statute to criminally charge those who provide support to such groups. That has helped the US crack down on people in the US who send terrorists equipment, money or recruits. (ANI)

Pope”s ally facing paedophilia claims

London, May 8 (ANI): A close friend of Pope Benedict XVI who has already offered to resign after confessing that he hit children in his care is now facing a probe over allegations of sex abuse.

Prosecutors in the southern city of Augsburg said that they had opened a preliminary probe into Walter Mixa after media reports said he had been accused of sexually abusing a boy while bishop of Eichstaett between 1996 and 2005.

For weeks, the 69-year-old bishop rebuffed allegations that he beat children at a Roman Catholic orphanage in the 1970s and 1980s.

But, after several sworn statements from his accusers came to the fore, the bishop from the Pope”s native Bavaria admitted that he “may have” slapped the children while a priest.

On April 21 he tendered his resignation after admitting giving youngsters in his care “a slap in the face or two”, which he said was “completely normal back then,” reports the Telegraph.

The Augsburger Allgemeine daily cited a lawyer for Bishop Mixa, long known as a hardliner who in February blamed sexual abuse of children by priests in part on “the so-called sexual revolution”, as rejecting the latest accusations.

The pope has not yet responded to Bishop Mixa”s offer to quit. (ANI)

Drunks wrote Bible, claims Polish pop star

London, May 6 (ANI): The Bible was written by drunks and people with a fondness for “herbal cigarettes” – that’s the claim of one of Poland”s most famous and controversial pop stars.

And courtesy the remarks, Dorota Rabczewska, famed for an unabashed attitude when it comes to flaunting her flesh, has been charged by Warsaw prosecutors, reports The Telegraph.

Rabczewska made the comments in a television interview a year ago.

Popularly known as Doda, the singer, 26, ruffled conservative sentiment in Catholic Poland after explaining that she believed more in dinosaurs than the Bible because “it is hard to believe in something written by people who drank too much wine and smoked herbal cigarettes.”

Following the claims furious Catholic groups lodged complaints with the prosecutor”s office.

“It is clear that Doda thinks that the Bible was written by drunkards and junkies,” said Ryszard Nowak, chairman of the Committee for the Defence Against Sects, an organisation dedicated to protecting Christian values. “I believe that she committed a crime and offended the religious feelings of both Christians and Jews.”

If found guilty Doda faces a two-year jail sentence or a hefty fine under Polish blasphemy laws. (ANI)

South Chinese prosecutors jail two cult leaders

Changsha (China), Apr.21 (ANI): Prosecutors in the Changsha area of China’s southern Hunan Province have jailed two persons for pursuing local cult activities.

Chen Wenbin was sentenced to four years in jail and Li Juanlan to three years and six months for promoting activities of the banned Shijishen, or Real God, cult, the China Daily quoted prosecutors, as saying on Tuesday.

Administrative director Xiao of the Beihu Procuratorate of Chenzhou City said Chen was the “life executive” responsible for all local cult activities.

He managed the delivery of all promotional brochures, books and videos from Guangdong Province to Chenzhou City, where Li took over.

Li, chief steward of the cult since October 2008, was in charge of the distribution of the materials and collected 4,000 to 5,000 yuan per month from cult members, Xiao said.

The pair were convicted and sentenced at the People”s Court of Beihu on April 15, said Xiao.

The Shijishen cult was founded in 1993 in northeast China”s Heilongjiang Province.

It was listed as a cult by China”s central government in 1995. (ANI)

Michael Douglas” son gets 5yrs in prison for drug trafficking

New York, April 21 (ANI): Actor Michael Douglas’s son has been sentenced to five years in jail for drug trafficking.

Cameron Douglas was arrested last year at the trendy Gansevoort Hotel in New York. He pleaded guilty to drugs charges in January.

Federal Judge Richard Berman ruled on the side of leniency, sending the 31-year-old to just five years behind bars rather than the minimum of 10 under federal sentencing guidelines.

Prosecutors said the judge didn”t have to impose the minimum sentence, reports the New York Post.

With his actor father present in the crowded Manhattan courtroom, the judge said Douglas will serve only four years since he will get credit for the eight months he has spent in lockup since his arrest.

In court, Cameron apologized to his family and said that he was grateful for the chance to clean up his life.

“First, I”d like to apologize to my family … for my behavior. … I”d like to ask you for the opportunity to be a productive family member and a good role model,” he said.

Cameron will also have to pay a 25,000-dollar fine, serve 450 hours of community service once he is released and undergo weekly counselling sessions, including with members of his family. (ANI)

Polanski prosecutors want child sex case to continue despite victim”s pleas

London, April 19 (ANI): Prosecutors involved in Roman Polanski’s child sex case have requested court officials to not accept his victim’s appeal to drop the charges against him.

Polanski was accused in 1977 of raping Samantha Geimer at a party when she was 13.

Polanski was indicted on six felony counts, including rape by use of drugs, child molesting and sodomy. He later pleaded guilty to one count of unlawful sexual intercourse. reports The Daily Star.

Geimer filed an application to the court in October 09, asking to drop the charges against Polanski stating media rage following Polanski’s arrest has caused her physical and mental damage.

However, prosecutors are determined the case will continue, despite Geimer”s pleas to have it dropped. (ANI)

Polanski prosecutors want child sex case to continue despite victim”s pleas

London, April 19 (ANI): Prosecutors involved in Roman Polanski’s child sex case have requested court officials to not accept his victim’s appeal to drop the charges against him.

Polanski was accused in 1977 of raping Samantha Geimer at a party when she was 13.

Polanski was indicted on six felony counts, including rape by use of drugs, child molesting and sodomy. He later pleaded guilty to one count of unlawful sexual intercourse. reports The Daily Star.

Geimer filed an application to the court in October 09, asking to drop the charges against Polanski stating media rage following Polanski’s arrest has caused her physical and mental damage.

However, prosecutors are determined the case will continue, despite Geimer”s pleas to have it dropped. (ANI)

Mum prostituted girl for fuel, court hears

A Sydney court has heard a mother forced her 13-year-old daughter into a sex act with a truck driver in exchange for diesel fuel.

The girl’s mother and the truck driver have been found guilty of a combined total of more than 60 charges.

During sentencing submissions for the 31-year-old driver, Downing Centre District Court heard that the girl was abused several times in 2004.

The court heard that on Fathers’ Day her mother dropped her off on the F3 freeway between Sydney and Newcastle and forced her into the cabin of the man’s truck.

Prosecutors say the mother later siphoned diesel from the truck in exchange for the child.

The prosecutor said they should face similar sentences because the offences were part of a joint criminal enterprise.

Kendall Law Group Investigates Boots and Coots, Inc. Merger for Shareholders

DALLAS–(Business Wire)–
Kendall Law Group, a national securities litigation firm, is investigating Boots
and Coots, Inc. (AMEX: WEL) (“Boots”) for shareholders in connection to the
proposed sale of the Company to Halliburton Company. The firm is investigating
whether Boots and the Board breached their fiduciary duties by not properly
shopping the company prior to entering into the agreement. If you are a Boots
shareholder and would like additional information about your rights, contact the
Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On April 9, 2010, Boots announced that it had entered into an agreement to be
acquired by Halliburton Company in a $232 million transaction that is expected
to close by summer of 2010. According to the agreement, shareholders will
receive $1.73 in cash and $1.27 in Halliburton stock per WEL common stock owned.
The $3.00 value per share represents approximately 26% premium over the closing
price on the last trading day before the deal was announced. The firm is
concerned that Boots` Board of Directors may have kept the Company from reaching
a deal that would provide better value of the Company.

Kendall Law Group, founded by a former federal judge, includes a former United
States Attorney, prosecutors and securities lawyers who are experienced in
complex securities litigation. The firm has been counsel in many merger and
acquisition cases nationwide, including some of the largest transactions in the
United States. You are encouraged to contact the firm if you have information
about this transaction.

Kendall Law Group LLP
Scott Kendall, 214-744-3000
877-744-3728 Toll Free
214-744-3015 Facsimile
skendall@kendalllawgroup.com
www.kendalllawgroup.com

Copyright Business Wire 2010

Delays in Burke trial

The lawyer for former West Australian premier Brian Burke has hit out at prosecutors over a delay in the start of his client’s corruption trial.

Mr Burke, his business partner Julian Grill and a former public servant, Nathan Hondros, were due to stand trial today on charges of corruption and disclosing official information.

The charges arise from a 2007 inquiry by the Corruption and Crime Commission into the influence of lobbyists on public officals.

The start of the trial was put off to next week because the lawyers needed time to examine witness statements provided to them late last week.

Mr Burke’s lawyer said it was inappropriate that his legal team received the material so late.

However, prosecutor Bruno Fiannaca said the reasons for the delay were multifaceted and included late submissions by the defence.

All three men were released on bail.

Pires calls for review of E Timor legal system

A Darwin woman found not guilty of trying to assassinate East Timor’s president two years ago says the country needs to review its judicial system.

Last month a panel of three judges found Angelita Pires not guilty of the attack on Jose Ramos-Horta in February 2008.

Ms Pires was the girlfriend of major Alfredo Reinado, the rebel leader who was fatally shot during the assassination attempt.

More than 20 of Ms Pires’s co-accused were found guilty.

But Ms Pires claims the prosecutors in East Timor have decided to appeal against the court’s verdict on her.

“A ludicrous appeal whereby nothing has changed,” she said.

“There’s still no evidence and just the very fact that the prosecution can appeal on a non-guilty verdict, a finding of no innocence, is completely unfair.

“It is a judicial system that needs to be reviewed and the right reforms put in place.”