Consumer forum rejects compensation plea of Satyam investorsNEW DELHI - A consumer redressal forum Monday to hear an investor body’s petition seeking a compensation of nearly Rs.5,000 crore (50 billion) for 300,000 retail shareholders of fraud-hit Satyam, saying it is not equipped to deal with such cases. Texan financier Stanford was ‘US government informer’NEW YORK - Texan financier and cricket promoter Sir Allen Stanford, who has been accused of a eight billion dollar bank fraud, is known to have worked as a US government informer, a BBC report claims. Thief buys car with Gazza’s credit cardLONDON - Football legend Paul Gascoigne is fuming after a thief used his credit card to buy a car. Women more affected by ID frauds than men in USWASHINGTON - Women in America are more vulnerable to identity frauds than men, revealed a survey. South Africa prepares to swear in Jacob Zuma, who faces tough challengesPRETORIA, South Africa — South Africans started gathering before dawn and danced in chilly rain Saturday as the country prepared to swear in Jacob Zuma with an excitement that recalled Nelson Mandela’s 1994 inauguration. Ala. Army officer accused in $2.8M bribery scheme with Georgia firm supplying Iraq, KuwaitBIRMINGHAM, Ala. — An Alabama Army major and his wife are accused of taking $2.8 million in bribes from a Georgia contractor who received about $21 million for delivering bottled water and building fences in Kuwait and Iraq. Trustee in Madoff fraud offers quicker relief to hardest-hit victimsNEW YORK — A trustee wants to give a break to investors hardest hit by the Bernard Madoff fraud. Hackers steal personal information from UC Berkeley health services database; 160,000 notifiedSAN FRANCISCO — University of California, Berkeley, officials said Friday that hackers infiltrated restricted computer databases, putting at risk health and other personal information on 160,000 students, alumni and others. Some Haitian senators allege fraud in election, call for results to be thrown outPORT-AU-PRINCE, Haiti — Some of Haiti’s most powerful lawmakers are calling for last month’s parliamentary elections to be thrown out because of allegations of voter fraud and political manipulation. Bruni, Sarkozy saved me from alcoholism, claims ex- chauffeurLONDON - French First Lady Carla Bruni and President Nicolas Sarkozy have emerged as the heroes in a new book that details the glamorous world inside the Elysée Palace. Gujarat Heavy Chemicals shareholders gather against promotersNEW DELHI - Minority shareholders of soda ash manufacturer Gujarat Heavy Chemicals Ltd (GHCL) Thursday said they would form a forum to protect their interests and ‘avoid being cheated by the promoters’. Indian-born trader sets precedent by winning 20mn pound compensationLONDON - Rajesh Gill, an Indian-origin trader regarded as among the best in the City, has won 20 million pounds in damages after being defrauded by one of the world’s largest brokerages. Illegal Indian fraudsters behind UK’s largest visa scamLONDON - Three Indian illegal immigrants are reported to be behind the biggest visa scam in British history. To heavy cheers, South African parliament elects Jacob Zuma as national presidentCAPE TOWN, South Africa — South Africa’s parliament elected Jacob Zuma as president Wednesday, celebrating with cheers the astonishing rise of a self-educated teenage goatherder who transformed himself into the charismatic leader of Africa’s economic powerhouse. South African parliament elects Jacob Zuma as national presidentCAPE TOWN, South Africa — South Africa’s parliament elected Jacob Zuma as president Wednesday, celebrating the astonishing rise of a self-educated teenage goatherd who transformed himself into the charismatic leader of Africa’s economic powerhouse. Longtime Madoff secretary says she think’s he’s been silent to protect othersNEW YORK — Bernard Madoff’s longtime secretary said Wednesday that she believes the disgraced financier is not cooperating with authorities in order to protect others, and that he was a flirtatious boss who frequented massage parlors. Human rights group calls on Ethiopia for information on alleged coup plotters held secretlyADDIS ABABA, Ethiopia — The Ethiopian government must release the names and whereabouts of 35 people being held in a secret location after they were arrested last month over an alleged coup plot, a human rights group said. SEC accuses Reserve Management, top execs of fraud in ‘breaking buck’ incidentWASHINGTON — Federal regulators on Tuesday accused Reserve Management Co. Inc. and its two top executives of fraud, saying they withheld key facts from investors when its big money-market fund “broke the buck” last fall. Senate bill strips references to India for conditional aid to PakistanWASHINGTON - Two influential US senators have introduced a bill to triple American aid to Pakistan to $1.5 billion annually for five years, with some exacting conditions but stripped of references to India to make it more palatable to Islamabad. Top Pentagon auditor cites unprecedented number of reports of suspected contract fraud, wasteWASHINGTON — A massive contract to support U.S. troops in Iraq and Afghanistan received a withering review Monday, as a special panel investigating waste and fraud in wartime spending was told of numerous deficiencies in the arrangement that has paid KBR Inc. nearly $32 billion since 2001. Chicago investment banker considering bid for bankrupt Sun-Times Media GroupCHICAGO — A Chicago investment banker said Monday he is assembling a group to bid on the bankrupt Sun-Times Media Group. 6 Colorado lawmakers ride the range to learn about the West and how their votes affect itGRANADA, Colo. — A Colorado lawmaker says he got tired of his colleagues passing bills that would hurt his rural constituents, like the one requiring ranchers to take care of wild cats or another requiring butchering animals to be kept in bigger pens. Pakistani-origin men get 13 years for British poll fraudLONDON - Six Pakistani-origin men have been jailed for more than 13 years in total after a major police investigation into an attempt to rig local council elections in a London suburb. Los Angeles money manager at top of Madoff’s speed dial list is accused of making $1B off scamNEW YORK — As the first speed dial entry at Bernard Madoff’s investment firm, longtime money manager and close friend Stanley Chais must have known about the disgraced financier’s multibillion-dollar Ponzi scheme, a complaint filed in Bankruptcy Court claims. LexisNexis warns 32,000 people their personal data may have been viewed by former customersNEW YORK — The LexisNexis online information service is warning 32,000 people their personal information may have been improperly accessed in a credit card fraud scheme that postal officials say bilked hundreds. Cricket tycoon Stanford tries to surrender in TexasWASHINGTON - Cricket entrepreneur and alleged fraudster Sir Allen Stanford tried to hand himself in to a US court, but was turned away because there is no warrant for his arrest, his lawyer has said. Troubled billionaire Stanford shows up at marshal’s office in Houston to try to surrenderHOUSTON — R. Allen Stanford, accused by federal regulators in a civil complaint of running an $8 billion investment fraud, tried to turn himself in to federal marshals in Houston, but they didn’t take him into custody because there is no warrant out for him. Watchdog urges US to do more to ensure billions for Afghanistan’s rebuilding is spent properlyWASHINGTON — The United States must do more to help Afghanistan battle the corruption undermining critical programs to rebuild the war-torn country, a top government watchdog said Thursday. Facebook executive considering run for California attorney generalSACRAMENTO — An executive with the company that operates social networking Web site Facebook announced Wednesday that he’s considering running for attorney general of California. Kan. man accused of involvement in Rwanda genocide pleads not guilty in citizenship fraud caseWICHITA, Kan. — An 82-year-old immigrant accused of participating in Rwanda’s 1994 genocide pleaded not guilty Wednesday to charges that he lied about his past to obtain U.S. citizenship. |