jerry brown

    By Kelly Phillips Erb

    | 10:00AM 4/25/2011
    Nearly eight months after the state of California hit her with a $34 million lawsuit alleging that she defrauded thousands of consumers who sought her tax advice, Roni Deutch, the so-called "Tax Lady," has landed back in court. This time, according to the Sacramento Bee, Deutch's assets have been...

    By Melly Alazraki

    | 8:40AM 1/21/2011
    Newly-installed California Gov. Jerry Brown declared a state of fiscal emergency on Thursday, underscoring the need for quick legislative action on the state's massive budget deficit. Without corrective action, he said, California's combined deficit for this year and the next will be $25.4 billion.

    By Bruce Watson

    | 1:16PM 9/27/2010
    On Sunday, money manager Stanley Chais died at age 84, still under investigation for his involvement with Bernard Madoff. Chais channeled large amounts of investors' money to the now-notorious Ponzi schemer, and over the years extracted more than $1 billion from Madoff's fund.

    By Abigail Field

    | 10:30AM 9/17/2010
    California Attorney General Jerry Brown is suing eight current and former city executives from the town of Bell over ridiculously the absurdly inflated salaries they paid themselves, which they financed by overcharging Bell residents on taxes and fees.

    By Abigail Field

    | 10:32AM 8/25/2010
    When BHP Billiton made its offer to acquire Potash Corp., two residents of Madrid, Spain, made $1.1 million by buying out-of-the-money call options ahead of the announcement, the Securities and Exchange Commission claims. The SEC is suing the investors, and has frozen $1.1 million of their assets.

    By Charles Feldman

    | 3:30PM 2/23/2010
    So-called "forensic audits" are often nothing more than con games bilking distressed homeowners out of money they certainly can't afford to just toss away. One high-ranking California law enforcement official is trying to steer people away from them. Former California governor, turned current...

    By Tim Catts

    | 6:00PM 10/20/2009
    California Attorney General Jerry Brown is suing State Street Bank and Trust (SST), seeking $200 million in damages for allegedly defrauding the state's giant pension funds. "Over a period of eight years, State Street bankers committed unconscionable fraud by misappropriating millions of dollars...