Jeffrey David Gunselman, the chief executive officer of defunct bio-diesel fuel company Absolute Fuels LLC, was indicted by a federal grand jury in Texas on charges he schemed to generate fake renewable fuel credits and sell them to oil companies and brokers.
A 22-year-old Lubbock, Texas, resident who was accused of buying chemicals to make a bomb and researching potential targets in the U.S. was convicted of attempted use of a weapon of mass destruction, authorities said.
Lloyd’s of London underwriters are attempting to convince a U.S. judge that financier R. Allen Stanford conspired to steal money so they can avoid paying attorneys to defend him on criminal fraud charges.
David Wormsley, the Citigroup Inc. banker accused by Terra Firma Capital Partners Ltd. founder Guy Hands of misleading him about an auction of EMI Group Ltd. , said he was the victim of a lie told by Hands the weekend before the bidding in May 2007.
Kathy D. Patrick is a Houston lawyer who spends her Sundays teaching children about God. The rest of the week, according to one attorney who knows her, she can be “as frightening as a pit bull on steroids.”
R. Allen Stanford directed his executives to falsify investment returns, threatened to fire them if they revealed $2 billion he secretly borrowed from his Antiguan bank and approved of office affairs, according to witnesses at his criminal fraud trial.