The shooting of three IRA members by the SAS in March 1988 is linked to a major review commissioned by the Prime Minister David Cameron

<p> </p><p>The shooting of three IRA members by the SAS in March 1988 is linked to a major review commissioned by the Prime Minister David Cameron, it has emerged. Sir Desmond de Silva , PC,QC, a member of the Gibraltar Bar, was asked by the Prime Minister to chair a Review into the assassination of a well-known Belfast lawyer - Patrick Finucane, in 1989. As this case has had attached to it allegations of state collusion in the murder Sir Desmond’s Review will involve an examination of the activities of the intelligence services, the police and the army in Northern Ireland at the time. In order to properly discharge the work of this Review, Her Majesty appointed him a member of Her Privy Council. A Gibraltar connection springs from the SAS shootings of IRA operatives on the Rock. Mairead Farrell, who was one of the IRA operatives who was shot dead in Gibraltar, was engaged to be married to Seamus Finucane the brother of Patrick, whose own killing allegedly by agents of the state, Sir Desmond is currently investigating. It is understood that once the Review is complete and his Report is presented to Parliament Sir Desmond will return to his busy practice in London and abroad. Although he has been involved with the prosecution of some very high profile cases he is, perhaps, best known as a hugely successful defence QC who has, in Gibraltar alone, defended in many contested cases before the Supreme Court. On the October 12 2011 the Secretary of State for Northern Ireland appointed Sir Desmond de Silva QC to carry out an independent review into state involvement in the murder of Pat Finucane in 1989. Sir Desmond de Silva is determined to expose the truth about this “appalling” murder. “I know from my work internationally over many years that it is only when the truth is fully exposed that communities can put the trauma of conflict behind them to secure a lasting peace. Naturally, I will be applying the key principles of independence, thoroughness and impartiality in carrying out my work. The Government may have set my remit but it is now for me to take the task forward independently. There have been suggestions that this Review is not capable of hearing from individuals who may have information that could assist me in my work. This is not the case; I will certainly wish to see such individuals.” Sir Desmond asked any who may be able to assist to come forward and contact the Review at any stage to provide information or make representations. BBC reported that when they met last October 2011, the family of Pat Finucane cut short a meeting with Mr Cameron after the Prime Minister failed to order an inquiry into the killing. His family have long campaigned for an independent public inquiry. Pat Finucane’s widow Geraldine told reporters she felt so angry she could hardly speak. Mr Finucane’s family said they were “insulted” at the proposal for a review of the case and said they would continue their campaign for an independent public inquiry and would not participate in the review. Sir Desmond has written to the family asking them to contribute to the review.</p>

The shooting of three IRA members by the SAS in March 1988 is linked to a major review commissioned by the Prime Minister David Cameron

  The shooting of three IRA members by the SAS in March 1988 is linked to a major review commissioned by the Prime Minister David Cameron, i...

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Britain's biggest ever Ponzi scheme Kautilya Pruthi faces 14 years in jail

<p> </p><p>Kautilya Pruthi, 41, swindled investors out of £38m under a scheme that resulted in massive contractual losses. Among the 800 victims were former England cricketer and Strictly Come Dancing star Darren Gough and Unchained Melody singer Jerome Flynn, who are rumoured to have lost as much as £1m each. Pruthi blew £10m in three years renting luxury homes across the South East, buying Bentleys, Ferraris, Lamborghinis and Jaguars, while lavishing more than £370,000 on his lovers. He confessed to fleecing investors in January and John Anderson, 46, and Kenneth Peacock, 43, were convicted of carrying on an unauthorised regulated activity earlier this week. Anderson and Peacock were cleared of a charge of recklessly making misleading false or deceptive promises.</p>

Britain's biggest ever Ponzi scheme Kautilya Pruthi faces 14 years in jail

  Kautilya Pruthi, 41, swindled investors out of £38m under a scheme that resulted in massive contractual losses. Among the 800 victims were...

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Six dead UK soldiers set to be named

<p><br />Six British soldiers killed in southern Afghanistan by a Taliban bomb are to be named by the Ministry of Defence later. Five from 3rd Battalion the Yorkshire Regiment and one from 1st Battalion The Duke of Lancaster's Regiment died while on patrol on Tuesday. It is the biggest single loss of UK life in Afghanistan since 2006. Meanwhile, head of the Armed Forces General Sir David Richards has told the Times the UK will "hold its nerve" in Afghanistan. He said the British military strategy would remain unchanged, with service personnel set to continue combat operations in the region until the end of 2014. The deaths took the number of British military deaths in Afghanistan since 2001 to 404. More information has emerged about Wednesday's incident. 'Powerful bomb' Senior army and intelligence officials in Helmand province told the BBC: "It was a joint Afghan National Army and British patrol from 215 Core of ANA - there was a distance between our vehicles. "It was a powerful bomb which had been planted recently. This area close to Kandahar's Maywand district is a major Taliban criss-crossing terrain - the Taliban fighters have been moving from this area from Kandahar's Panjwai to Maywand and than to Helmand province - they also would go from Helmand into Kandahar province.'' An Afghan intelligence official with the country's spy agency, the National Directorate of Security, told the BBC: "The patrols in this area were meant to deny and deprive the Taliban from movement from Kandahar into Helmand and from Helmand into Kandahar. "They knew that for quite some time that there was an increase in Taliban presence in the area, they had been active and present in the area and had been planting roadside bombs." General Richards said the progress made since entering the country in the wake of the 9/11 attacks was "truly impressive". He said: "As progress continues the work of our servicemen and women will draw down but our efforts will endure. "Sadly, as we hold that course it is likely that others will lose loved ones." Some of the soldiers' colleagues spoke to the BBC last month of their fears about being posted to Afghanistan. He added that he and his troops do not "underestimate the dangers" faced in Afghanistan, but understood "the importance of the mission with which we are charged". "We will hold our nerve," he said. His comments echoed sentiments expressed by Defence Secretary Philip Hammond who said the timetable for withdrawal remained on track despite this "cowardly attack". "This will not shake our resolve to see through the mission - I believe we owe that to all the brave men and women who have sacrificed their lives and put themselves at risk over the last few years," he told the BBC. The dead soldiers have now been returned to Camp Bastion in Helmand. Prime Minister David Cameron said the deaths marked a "desperately sad day for our country". "Every death and every injury reminds us of the human cost paid by our armed forces to keep our country safe," he said, at the start of Prime Minister's Questions on Wednesday. In a statement, the Ministry of Defence (MoD) said the six soldiers were on a security patrol in a Warrior armoured fighting vehicle when it was caught in an explosion in Kandahar province.. The BBC understands that the area was sparsely populated and particularly unstable, with insurgents known to have planted roadside bombs there. BBC defence correspondent Caroline Wyatt said the six soldiers had been in the country for less than a month. Most of the 9,500 UK troops in Afghanistan are expected to be withdrawn by the end of 2014, when 13 years of combat operations in the country are set to cease.</p>

Six dead UK soldiers set to be named

Six British soldiers killed in southern Afghanistan by a Taliban bomb are to be named by the Ministry of Defence later. Five from 3rd Batta...

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Man Held After Headless Torso, Feared To Be EastEnders Actress Gemma McCluskie Is Found In Canal

<p><br />The brother of former EastEnders actress Gemma McCluskie has been arrested after a headless torso believed to be missing 29-year-old was dragged from a canal in east London, Sky News understands. Tony McCluskie remains in custody at an east London police station, sources say. Police have not yet confirmed the identity of the suspect The limbless body was discovered near to the Broadway Market stretch of Regent's Canal in Hackney at 2.40pm yesterday. "Police were initially contacted by a member of the public who had noticed something suspicious floating in the water," the Met Police said in a statement. "The torso was recovered by divers from the Met's Marine Support Unit and additional searches are due to be carried out in the water." Relatives and co-stars of 29-year-old Miss McCluskie were said by sources to be "fearing the worst", as Scotland Yard carried out forensic tests on the remains. Miss McCluskie starred in the soap as Kerry Skinner on more than 30 occasions in 2001. Her character arrived in Walford as a friend of Zoe Slater and the great niece of the late Ethel Skinner. She briefly dated Robbie Jackson and got him to propose to her. Brooke Kinsella turned to Twitter to appeal for help in finding Miss McCluskie Miss McCluskie disappeared from Bethnal Green, east London, last week. Friends had been carrying out searches in the area and handing out leaflets. Co-stars Brooke Kinsella and Natalie Cassidy both appealed for help finding her on Twitter. Kinsella, who has become a prominent anti-knife crime campaigner since her brother Ben was murdered in 2008, had tweeted: "Gemma McCluskie has been MISSING from Bethnal Green since Thursday please get in touch if you have seen her." Cassidy, who played Sonia in the soap, also posted on the website: "Gemma McCluskie, missing since Thurs, if u have sn her/have any info PLS contact @CarlyKarma ... #FindGemma." Officers believe they know the identity of the victim but are awaiting further forensic tests before formal identification can take place. The man being questioned by police is understood to be known to Miss McCluskie. He remains in custody at an east London police station. Detective Inspector John Nicholson, who is leading the murder inquiry, has appealed for witnesses.</p>

Man Held After Headless Torso, Feared To Be EastEnders Actress Gemma McCluskie Is Found In Canal

The brother of former EastEnders actress Gemma McCluskie has been arrested after a headless torso believed to be missing 29-year-old was dra...

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Allen Stanford faces decades behind bars after being convicted of a $7 billion fraud that snared investors in 113 countries

<p> </p><p>A MONTH after Sir Fred Goodwin was stripped of his title for leaving Royal Bank of Scotland shredded, another erstwhile knight of the financial-services realm has been put in his place—this time a jail cell. Allen Stanford faces decades behind bars after being convicted of a $7 billion fraud that snared investors in 113 countries, from Latin America to Libya. When in 2008 the sky fell in on Bernard Madoff, the only fraudster to have taken investors for more, the Texas-born Mr Stanford was still swaggering. He had done so much for Antigua, the Caribbean island where he based his empire, that it made him a Sir. He took to the airwaves to tut-tut rivals who had been felled by subprime mortgages. His star rose further when he sponsored an international cricket tournament. He was said to be worth over $2 billion. He certainly lived like he was. Within a few months, however, the authorities had swooped in, closing his Antigua-based bank and his brokerage operations. Prosecutors accused him of flogging bogus certificates of deposit and raiding the bank, siphoning deposits to a Swiss account used to finance his passion for yachts, jets and islands. His lawyers tried to have him declared incompetent to stand trial, saying a prison beating had led to loss of memory and an addiction to anti-anxiety drugs. When that ruse failed, they argued in court that he had been his group’s visionary, uninvolved in its day-to-day running, even as they claimed the businesses had been viable until they were “disembowelled” upon being seized. Countering this narrative was damning evidence from the prosecution’s star witness, Mr Stanford’s former chief financial officer, who testified that he and his boss had falsified documents and that the firm had presented hypothetical returns as the real thing in client pitches. Others said that, for all his public bravado, he had been aware of a hole in the accounts. When another colleague suggested he raise more money to plug this, he reportedly said: “I’ll go to the Libyans. They love me.” Victims cheered the verdict, but their victory is hollow. Three years on, they are yet to receive a penny from the court-appointed receiver, Ralph Janvey. Of the $216m he had recovered by late last year, more than half had been eaten up by legal and other fees. His team reckons that total recoverable assets may be a mere $500m, or 7% of the account balances shown at the time of Mr Stanford’s arrest (though that could increase if lawsuits seeking $600m from Stanford brokers, customers who extracted more than they paid in and political organisations that received donations from Mr Stanford succeed). Investors also bemoan the hefty cost of litigating jurisdictional issues. Mr Janvey is locked in a fight over how to divide up the estate with a separate receiver in Antigua, who has control over the fraudster’s bank accounts in Switzerland and Britain. America’s Securities and Exchange Commission has backed the victims’ cause, taking the unprecedented step of suing the Securities Investor Protection Corporation after the congressionally-chartered group balked at paying them up to $500,000 each in compensation (on the ground that Stanford’s operations were based offshore). Too little, too late, scream the SEC’s critics. Its district office in Fort Worth, Texas, first concluded that the Caribbean kingpin’s businesses were a Ponzi scheme in 1997, only to be ignored then and several times subsequently by enforcement staff. This story has only one true villain, but many others come out looking bad.</p>

Allen Stanford faces decades behind bars after being convicted of a $7 billion fraud that snared investors in 113 countries

  A MONTH after Sir Fred Goodwin was stripped of his title for leaving Royal Bank of Scotland shredded, another erstwhile knight of the fina...

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Two UK Murdoch journalists in apparent suicide bids

<p>Two senior journalists working for Ruper t Murdoch's News International have apparently attempted suicide as pressure mounts at the scandal-hit publisher of the now-defunct News of the World. Three sources close to the company told Reuters on Tuesday the two journalists at the Sun daily appeared to have tried to take their own lives. Investigations sparked by a phone-hacking scandal continue to expose dubious practices by present and past employees. Eleven current and former staff of the Sun, Britain's best-selling daily tabloid, have been arrested this year on suspicion of bribing police or civil servants for tip-offs. Their arrests have come as a result of information provided to the police by the Management and Standards Committee (MSC), a body set up by parent company News Corp to facilitate police investigations and liaise with the courts. The work of the MSC, which was set up to be independent of the conglomerate's British newspaper arm News International, has caused bitterness among staff, many of whom feel betrayed by an employer they have loyally served. 'People think that they've been thrown under a bus,' one News International employee told Reuters. 'They're beyond angry - there's an utter sense of betrayal, not just with the organisation but with a general lynch-mob hysteria.' News International is facing multiple criminal investigations and civil court cases as well as a public inquiry into press standards after long-simmering criticism of its practices came to a head last July. Politicians once close to Murdoch, including Prime Minister David Cameron, turned their backs on him and demanded answers after the Guardian newspaper revealed the News of the World had hacked the phone of murdered schoolgirl Milly Dowler. Police officer Sue Akers, who is heading three criminal inquiries into News International, said last week there appeared to have been 'a culture of illegal payments' at the Sun. Staff at the tabloid have been under additional pressure for the past two weeks because they have also had to produce a Sunday paper, hastily announced by Murdoch to replace the News of the World. News International has increased the level of psychiatric help available to employees to help them cope.</p>

Two UK Murdoch journalists in apparent suicide bids

Two senior journalists working for Ruper t Murdoch's News International have apparently attempted suicide as pressure mounts at the s...

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Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy.

<div class="articleSpanImage" style="width: 600px; margin-bottom: 8px; color: #333333; font-family: georgia, 'times new roman', times, serif; font-size: 10px; line-height: 15px; text-align: left; background-color: #ffffff;"><span><img alt="" border="0" height="330" src="http://graphics8.nytimes.com/images/2012/03/07/business/07stanford/07stanford-articleLarge.jpg" width="600" /><div class="credit" style="font-family: arial, helvetica, sans-serif; font-size: 0.9em; line-height: 1.223em; text-align: right; color: #909090; margin-bottom: 3px;">Aaron M. Sprecher/Bloomberg News</div><p class="caption" style="font-size: 1.1em; line-height: 1.2727em; font-family: arial, helvetica, sans-serif; color: #666666; margin: 0px;"><span class="focusParagraph" style="color: #000000; font-family: arial, helvetica, sans; line-height: normal; text-align: -webkit-auto; font-size: medium;"><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 20px; line-height: 1.5; padding: 0px;"> </p></span><span id="midArticle_1" style="color: #000000; font-family: arial, helvetica, sans; line-height: normal; text-align: -webkit-auto; font-size: medium;"> </span><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">It was a vindication for the U.S. government, which closed down Stanford's financial empire in February 2009 but had failed for years to address signs that the business was built on air. The Stanford case was the biggest investment fraud since Bernard Madoff's.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Stanford was found guilty on 13 counts of a 14-count criminal indictment, including fraud, conspiracy and obstructing an investigation by the U.S. Securities and Exchange Commission. He was found not guilty on one count of wire fraud. The charges carry a possible prison sentence of nearly 20 years.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">As Stanford, 61, was led out of the courtroom after the verdict, he touched his fist to his heart and looked at the bench where his mother and two daughters sat. He has been jailed since his June 2009 arrest.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">"We're disappointed in the outcome," said Stanford's defense attorney Ali Fazel. "We do expect an appeal." He said he expects sentencing in several months.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">The verdict came less than a day after the Houston federal jury said it could not reach a decision, and U.S. District Judge David Hittner instructed jurors to keep deliberating.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Still, the verdict may prove only a moral victory for Stanford's victims. Most have received none of the money back they invested in Stanford's certificates of deposit.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">"For all the investors I think there is a sense of relief that they weren't just fools," said Cassie Wilkinson, a Houston investor in Stanford funds who attended the six-week trial. "There was a jury of 12 people who found the same thing - that we were just conned."</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Stanford's unraveling was one of the most closely watched fraud cases since Madoff's. Madoff, 73, pleaded guilty in 2009 to orchestrating what prosecutors have called a $64.8 billion Ponzi scheme. He is serving a 150-year prison sentence.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">The guilty verdict did not end the case. The jury of eight men and four women, including a pawn shop operator and a retired hairdresser, returned to the courtroom on Tuesday afternoon to consider the government's demand that more than $300 million in assets tied to Stanford be forfeited.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">The money, which has been frozen, is held in more than 30 bank accounts in Geneva, the United Kingdom and Canada in the names of Stanford and other entities, according to the government. Stanford, wearing a navy blue suit, also was back in the courtroom to hear the testimony in the forfeiture case.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">"Every single dollar that the U.S. is seeking to forfeit is CD depositor money that stems from Mr. Stanford's crimes and belongs to the victims of his crimes," prosecutor Andrew Warren said in opening statements.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">'PERSONAL ATM'</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Stanford's personal fortune was once valued at $2.2 billion.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">At trial, prosecutors told how he repeatedly raided the bank he owned in Antigua, Stanford International Bank, using it as his "personal ATM."</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">He bought a castle in Florida for one of his girlfriends and his oldest daughter lived in a million-dollar condominium in Houston. He wore custom-made suits, lived in luxury homes and on a yacht in the Caribbean and bankrolled a $20 million prize for an international cricket tournament.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">The government's star witness, former Stanford aide James Davis, testified that he and Stanford faked documents and made up financial reports to calm investors and fool regulators. They funneled millions of dollars from Stanford International Bank to a secret Swiss bank account that Stanford tapped for his personal use, Davis testified.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Davis, 63, has pleaded guilty to three criminal counts.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Stanford's lawyers portrayed their client as a visionary who was not involved in his firm's daily activities. They blamed Davis for any fraud and argued that Stanford's businesses were viable until the government shut down Stanford Financial Group in Houston in February 2009. Left with no money, Stanford was declared indigent by the court and his defense was paid for with public funds.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Wendell Odom, a criminal defense attorney in Houston who observed much of the trial, said Stanford's attorneys did a good job of discrediting Davis by getting him to admit to being a liar. But they failed to develop an alternative theme for the jury. "There was just too much evidence," he said.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">BRAIN INJURY</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">While in jail awaiting trial, Stanford was beaten by another inmate, leaving him with a brain injury and broken bones in his face. He then became addicted to an anti-anxiety medication. His lawyers argued that those events caused him to lose his memory, making him incompetent to stand trial.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">After eight months at a prison hospital in North Carolina, he was deemed competent to stand trial. Before his trial began on January 23, Stanford's lawyers said their client wanted to tell his story to the jury, raising the possibility that he would take the stand. Ultimately, he did not testify.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Stanford grew up in Mexia, Texas. He studied <a href="http://www.reuters.com/finance" style="color: #006e97; text-decoration: none; cursor: pointer; outline-style: none; outline-width: initial; outline-color: initial;" title="Full coverage of finance">finance</a> at Baylor University, where Davis, who later become chief financial officer of Stanford Financial Group, was his roommate.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">In the 1980s, Stanford bought up real estate in Houston with his father, later selling it at a profit. In 1986, he opened an offshore bank on the Caribbean island of Montserrat and, after banking regulations there tightened, he moved his operation to Antigua.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">The bank specialized in aggressively selling certificates of deposit to wealthy people, his former employees testified at the trial. They targeted clients in Latin America, especially <span style="color: #006e97;"><span style="cursor: pointer; outline-width: initial; outline-color: initial;">Venez</span></span><a href="http://www.reuters.com/places/venezuela" style="color: #006e97; text-decoration: none; cursor: pointer; outline-style: none; outline-width: initial; outline-color: initial;" title="Full coverage of Venezuela">uela</a>, and oil company workers with fat pensions who lived along the U.S. Gulf Coast.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">In Antigua, he became a philanthropist and sponsor of cricket, the national sport, and was known as "Sir Allen" after being knighted there in 2006. By 2008, Stanford made No. 205 on Forbes magazine's list of the wealthiest Americans.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">But questions surfaced about how Stanford International Bank's CDs could persistently pay above market rates. By February 2009, investors were trying to withdraw their money and, on February 17 of that year, the government descended on his headquarters in Houston and shut it down.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font-size: 14px; line-height: 1.6; color: #000000; font-family: arial, helvetica, sans; text-align: -webkit-auto; padding: 0px;">Antigua stripped him of his knighthood and seized his local assets.</p></p></span></div>

Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy.

Aaron M. Sprecher/Bloomberg News     It was a vindication for the U.S. government, which closed down Stanford's financial empire in Febr...

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How Wall Street Bankers Use Seamless To Feast On Free Lobster, Steak, And Beer

<p><br />A former Morgan Stanley banker recently described his weekend food-ordering ritual at the height of the recession. While pulling Saturday hours, for example, he'd log onto the bank's account on Seamless, the online food-ordering service, and redeem his meal allowance--plus a few allowances from phantom coworkers who weren't actually in the office, allowing him to eat well above his pay grade. Sure, someone could have cross-checked actual office attendence with the online orders, but is such effort worth the investment bank's time? "If people weren't around, it was totally acceptable to take their allowance, and pool it together when you ordered," the banker recalls. "Almost every weekend I was at the office, I'd have a $90 dinner of steak, lobster, mac & cheese, and calamari." Until several years ago, corporate giants like Morgan Stanley made up roughly 85% of Seamless's customer base. That figure has now tipped in favor of individual consumers, but enterprise clients still represent a significant (and growing) part of the New York-based company's revenue--companies offer Seamless as a benefit to those who typically work long or late hours. But for employees of these roughly 3,500 corporate Seamless customers, the benefit represents a huge opportunity to game the system. And no one has worked the system for financial gain better than Wall Street hustlers. "Abuse of the system was rampant," recalls another former Morgan Stanley staffer. "I added up how much I ordered in my first year: It was more than $3,000 of food." Here's how it works. Typically, junior professionals are allotted about $25 per meal at the office. But there are tricks to leverage this cash on Seamless. If employees want to order dinner, for example, they have to stay until 8 p.m. "But you could still order for a 7 p.m. delivery at 6 p.m., then call the restaurant directly and tell them to bring it right away," one employee says. "So I'd finish work around 6:30 p.m., hit the company gym, and then grab my sushi--spicy tuna rolls--on the way out." A Seamless Scam How Gordon Gekko Orders On Seamless 1// Top Seamless Fiend According to Seamless' statistics, the highest ordering corporate user placed more than 2,600 orders in 2011, or more than 7 meals per day. 2// Top Cuisine By Industry Employees Investment Bankers: Sushi; Educators: Pizza 3// Top Ordering Patterns Corporate dinner-orders in New York's Financial District peak at 8 p.m. In Midtown, corporate orders peak at 7 p.m. Corporate dinner-orders are higher, on average, from 4-5 p.m. and lower between 8 p.m. and 9 p.m. Ordering groceries on Seamless was--and likely still is--another practice. (Representatives at Goldman Sachs and Morgan Stanley have not responded to requests for comment.) One employee, who lived by Morgan Stanley's Midtown offices, would even remote into her office computer from her apartment, place an order on Seamless, and then call the restaurant and change the delivery address to her apartment. The lobster-loving Morgan Stanley banker's take on that old switcheroo? "Classic." Another trick: Since employees aren't allowed to order beer or alcohol on the system, it's not uncommon to pool money together, place a large order for random items, then call the store and request that they bring beer instead. "We definitely get a lot of random orders," says Seamless CEO Jonathan Zabusky. "Once in a while, I'll sit on the customer-care desk, just to get a feel on the pulse of what's going on. You see these orders come through, and you're like, 'Why are 20 rolls of toilet paper going to 200 Vesey Street [the World Financial Center]? What the hell?'" One former employee at Morgan Stanley said he wasn't sure how pervasive the "switch-for-beer order" was at the investment bank, but said he personally pulled the move several times. "Wow, I feel so lame now because when I'd order from Seamless, I'd just get dinner," says one former Goldman Sachs employee. "I never heard of anyone else pulling a fast one [like that], but that doesn't mean it never happened." The daily Seamless stipend is considered sacred for employees, and any abuse of the system appears generally overlooked by higher-ups. When Lehman Brothers went under, for instance, Morgan Stanley lowered the Seamless limit from $30 to $25, much to the anger of workers. "People went nuts," recalls a former employee. "Every so often there were these fireside chats with [Morgan Stanley CEO] John Mack 'Da Knife' and a collection of analysts. One of the women on the call asked Mack to raise the limit to $30 again. Mack, not really having paid much attention to expenses, was surprised to hear it had been reduced. Concerned, he asked her why she needed $30 instead of just $25. She said that with the new reduction, 'I can't order my Perrier anymore.'" The next day, as legend has it, there was an entire case of Perrier on her desk--courtesy of John Mack. "What a baller," an employee says. Zabusky is sure abuse exists on Seamless, but says it's not likely that widespread. "I think it's pretty funny," the Seamless chief chuckles. "I mean, I know it probably frustrates a CFO at Goldman, who is giving these guys $25 to order while they work on deals, and they're ordering toilet paper and jars of mayonnaise and all this other stuff. But in the overall scope, it's probably pretty small." Small as the abuses might be in terms of Seamless's bottom line, there's no doubt it has a big impact on the morale of employees, who seem to take pride in manipulating money one way or another. According to Seamless's statistics, for example, the highest ordering corporate user placed more than 2,600 orders in 2011. "There's nothing grosser or more magnificent than eating $25 of delivered Taco Bell under the fluorescent, sober lights of an office building," says one employee. "Do you have any idea how much baja sauce you can get for that money?"</p>

How Wall Street Bankers Use Seamless To Feast On Free Lobster, Steak, And Beer

A former Morgan Stanley banker recently described his weekend food-ordering ritual at the height of the recession. While pulling Saturday ho...

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San Diego tax preparer for the wealthy accused of ordering hit on 2 witnesses in fraud trail

<p><a href="http://www.washingtonpost.com/national/san-diego-tax-preparer-for-the-wealthy-accused-of-ordering-hit-on-2-witnesses-in-fraud-trial/2012/03/05/gIQAPpiJtR_story.html"> </a>former Internal Revenue Service agent whose tax preparation business catered to a wealthy clientele is accused of ordering at least two former customers killed as they prepared to testify against him on fraud charges. Federal prosecutors say the targets were key witnesses against Steven Martinez, 50, who was charged last year with stealing $11 million by preparing bogus tax returns for his customers. 0 Comments Weigh InCorrections? Personal Post Martinez’s limousine driver — Norman Russell Thellmann, 64 — was charged Monday with conspiracy to tamper with witnesses. Prosecutors allege he was ordered to deliver money to a hit man who was promised $100,000 for the two killings. Martinez did not enter a plea during his initial court appearance Monday on a charge of witness tampering. A federal magistrate judge ordered him held without bail. “I find it almost impossible to believe,” said David Demergian, his attorney. Martinez, an IRS agent from 1988 to 1992, faces a pretrial hearing March 19 on federal fraud charges and was free on bail until his arrest last week. An FBI agent’s affidavit says Martinez gave a former employee documents on four people about two weeks ago, including photos of one target from the wealthy suburb of Rancho Santa Fe and another target’s condominium in the upscale La Jolla area of San Diego. Martinez recommended the former employee use two different pistols for the killings and get a silencer, according to the affidavit. The former employee contacted the FBI, which recorded a meeting Thursday in which Martinez allegedly gave additional instructions like how to break into the La Jolla condominium. The targets were identified as 86-year-old Monique Siegel of La Jolla and Marianne Harmon of Rancho Santa Fe. The fraud complaint alleges that Martinez told customers to deposit their taxes into one of his bank accounts, promising to forward the money to state and federal authorities. He stated lower income on their tax returns without telling them, allowing him to pocket $11 million. The complaint identifies victims only by their initials. One “M.H.” had an income of $20.7 million in 2006 but Martinez filed a tax return for $2.1 million. One “M.S.” earned $200,046 in 2006 but Martinez’s return reported $32,900. Another customer who earned $12.2 million in 2005 reported income at $1.6 million, according to the complaint. The same customer earned $11 million in 2006, also reported as $1.6 million. Demergian, his attorney, said the fraud case was “certainly very defensible.” “He had a very dedicated loyal clientele,” Demergian said. “He was very successful.” Thellmann, who was arrested Friday night, told the FBI that Martinez sold him a limousine about three years ago and hired him as a chauffeur. He said Martinez told him to give $40,000 to a person who would call him with code. Thellmann denied he knew the money was to pay a hitman. FBI agents found $42,400 cash in a cereal box at his home.</p>

San Diego tax preparer for the wealthy accused of ordering hit on 2 witnesses in fraud trail

  former Internal Revenue Service agent whose tax preparation business catered to a wealthy clientele is accused of ordering at least two fo...

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Ponzi fraud: two men found guilty of involvement in £115m UK scam

<p><br />Two men have been convicted of involvement in the UK's largest Ponzi fraud, which saw hundreds of people – among them the former cricketer Darren Gough and the actor Frances de la Tour – lose £115m. John Anderson, 46, and Kenneth Peacock, 43 were found guilty of unauthorised regulated activity at Southwark crown court in London on Monday, but were cleared of one count each of fraud. The jury is still deliberating over allegations that they deceived investors. The scheme's mastermind, Kautilya Pruthi, 41, of Wandsworth, London, has pleaded guilty to the fraud and is due to be sentenced later this week. Ponzi frauds – which take their name from the Italian conman Charles Ponzi, who was particularly fond of employing the scheme – use cash from new investors to pay returns to existing investors and depend on a constant stream of new investors to fund the payouts. The court heard that Gough and the actor and singer Jerome Flynn are each thought to have lost up to £1m in the fraud, which also duped De la Tour. Victims handed over their cash to Pruthi, who promised them safe investments with returns of up to 13%. Instead, he spent their money on entertaining women, paying his daughter's private school fees and chartering helicopters. He also bought a private jet and built a car collection that included three Bentleys, a Lamborghini, two Ferraris, two Mercedes, a Rolls Royce, a Jaguar and a Maserati. "Mr Pruthi is believed to be the UKs most successful Ponzi fraudster," said David Aaronberg QC, prosecuting. "He obtained some £38m from investors and caused contractual losses of over £115m." Aaronberg added: "He enjoyed the company of women and was generous in the payments he made to a number of female friends, for whom he bought cars as presents, in total giving them £373,149." Indian-born Pruthi came to the UK in 2004 having been deported to his homeland after serving a sentence for faking documents in the US. Jurors heard that on coming to the country, Pruthi was quickly able to pose as "a wealthy individual". After setting up his company, Business Consulting International, said Aaronberg, Pruthi accepted deposits and "orchestrated a large-scale and sophisticated collective investment scheme". He would send personally tailored emails claiming he could offer up to 13% returns on 12-month investments because the scheme was available to a limited clientele. But in reality, said the prosecutor, he was "robbing Peter to pay Paul". Pruthi, who was not registered with or authorised by the FSA, admitted four counts of obtaining money transfers by deception, one of participating in a fraudulent business, one of unauthorised regulated activity and one count of converting and removing criminal property. Peacock, of West Hampstead, north London, and Anderson, of Surrey, are alleged to have acted as "aggregators" who pooled funds from third parties and then passed them on to Pruthi, who had duped them into the fraud at the outset. Eventually the scheme collapsed as there were not enough new investors to bring in the money needed to keep the old investors happy. "The scale of this scheme was vast and the losses were immense; several investors lost their homes, others have been declared bankrupt," said Aaronberg. "The monies which Pruthi received were generally not invested anywhere, neither in the UK nor abroad." According to the prosecution, of the £38,631,792 Pruthi obtained, £28m was used to pay back other investors, while £10m was siphoned off for Pruthi's "lavish lifestyle".</p>

Ponzi fraud: two men found guilty of involvement in £115m UK scam

Two men have been convicted of involvement in the UK's largest Ponzi fraud, which saw hundreds of people – among them the former cricket...

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Deadlocked Stanford Fraud Trial Jury Told to Keep Deliberating

<p> </p><p>The judge in R. Allen Stanford’s fraud trial ordered the jury to return to deliberations after the panel sent a note saying it couldn’t reach a unanimous verdict in its fourth day of reviewing the evidence. The eight men and four women on the jury told U.S. District Judge David Hittner in Houston yesterday they were “unable to reach a verdict on each of the 14 counts,” the judge said, reading their note to attorneys for both sides. Enlarge image R. Allen Stanford, accused of leading a $7 billion investment fraud scheme, gestures as he exits the Bob Casey Federal Courthouse in Houston, Texas. Photographer: F. Carter Smith/Bloomberg Hittner instructed jurors to “continue your deliberations in this case,” telling them the trial has been costly in terms of both time and money, that the lawyers were unlikely going to be able to put on a better trial and that another jury was unlikely to be more conscientious. “It is your duty to agree upon a verdict if you can do so, without surrendering your conscientious opinion,’” Hittner told them. Stanford, 61, is accused of leading a $7 billion international fraud scheme involving the sale of certificates of deposit issued by his Antigua-based bank. He faces as long as 20 years in prison if found guilty of the most severe charges, mail fraud and wire fraud. The financier maintains he is not guilty. After the jury returned to deliberations, lead prosecutor Gregg Costa told the judge the jury’s note could be construed as meaning it couldn’t agree on any one of the 14 counts against Stanford or upon all of the counts. ‘We’ll See’ While acknowledging the possibility of having to accept a partial verdict, Hitter said, “We’ll see what comes out next.” When Hittner instructed the jurors to “take all the time you may feel necessary” to reach a verdict, one of the jurors grimaced. The jury left for the day yesterday after being told to resume deliberations. Jury selection in the case began Jan. 23 and the panel heard five weeks of evidence. The government presented testimony at from investors who bought the allegedly fraudulent CDs as well as from the executives who helped sell them. The witnesses included government officials and former Stanford Group Co. Chief Financial Officer James M. Davis, who pleaded guilty to fraud-related charges in 2009 and testified for five days against Stanford. Davis, whose relationship with Stanford traces back to when they were Baylor University roommates, told the jury he knew the boss was committing fraud and didn’t stop it. The defense presented former Stanford employees who said they saw no evidence of fraud at the company. Some offered testimony in support of the defense’s contention that Stanford was an absentee visionary who left the details of running his operation to Davis. Stanford didn’t testify during the trial.</p>

Deadlocked Stanford Fraud Trial Jury Told to Keep Deliberating

  The judge in R. Allen Stanford’s fraud trial ordered the jury to return to deliberations after the panel sent a note saying it couldn’t re...

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Mandela faces fraud charges

<p>The liquidators of Aurora Empowerment Systems, which is accused of asset-stripping bankrupt Pamodzi Gold, will lay charges of fraud this week against Nelson Mandela’s grandson Zondwa, and Ahmed Amod, an attorney for the company. The liquidators are also said to be planning to lay charges this week against Aurora chairman Khulubuse Zuma and possibly other directors under section 424 of the Companies Act, under which directors can be held personally liable for company debts. The charges follow a threat by the liquidators to lay charges of perjury against Thulani Ngubane, a director of Aurora, after he gave evidence at an inquiry.</p>

Mandela faces fraud charges

The liquidators of Aurora Empowerment Systems, which is accused of asset-stripping bankrupt Pamodzi Gold, will lay charges of fraud this wee...

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Michael Jackson's entire back catalogue, including previously unreleased material from his sessions for 'Bad', 'Off The Wall' and 'Thriller', has apparently been stolen by computer hackers.

<p> </p><p>Michael Jackson's entire back catalogue, including previously unreleased material from his sessions for 'Bad', 'Off The Wall' and 'Thriller', has apparently been stolen by computer hackers. Sony Music paid the late singer's estate over $250 million (£158 million) for the back catalogue in 2010 and released the first swathe of tracks from it at the end of that year with the posthumous album 'Michael'. According to The Sunday Times, the tracks stolen include duets with Black Eyed Peas mainman will.i.am and Queen's late frontman Freddie Mercury. A source told the paper: "Everything Sony purchased from the Michael Jackson estate was compromised. It caused them to check their systems and they found the breach. There was a degree of sophistication. Sony identified the weakness and plugged the gap." Sony themselves have not commented on the leak or confirmed exact details of what was taken. Jackson died at the age of 50 from an overdose of the anaesthetic propofol. Last November, his physician Dr Conrad Murray was convicted of his involuntary manslaughter and sentenced to four years in prison. However, last month (February 23) it was reported that Murray was appealing his sentence and was claiming that Jackson was so concerned about his finances that he recklessly self-administered a fatal dose of the drug Propofol.</p>

Michael Jackson's entire back catalogue, including previously unreleased material from his sessions for 'Bad', 'Off The Wall' and 'Thriller', has apparently been stolen by computer hackers.

  Michael Jackson's entire back catalogue, including previously unreleased material from his sessions for 'Bad', 'Off The Wa...

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Australian facing drug death penalty in Malaysia

<p> </p><p>AN AUSTRALIAN man is facing the death penalty after being arrested in Malaysia for allegedly trying to sell methamphetamine. Malaysian police have confirmed a West Australian man ''tentatively charged'' with trying to sell 225g of methamphetamine could be executed. Malaysian Police Narcotics Supt Nafisah Adam said today that a former Perth man, 32, was being held in custody, along with three local men. They were all arrested on Thursday over a string of alleged drug offences. Supt Nafisah said the Australian man had been caught with a large quantity of methamphetamine ''in his hands'' at a coffee shop in the Malaysian capital of Kuala Lumpur. He added that a search of his nearby house had uncovered a ''smaller volume'' of drugs and led to the arrests of three local men. Under Malaysian law, a person convicted of possessing more than 50g of methamphetamine is declared a drug trafficker and faces a mandatory death sentence. Supt Nafisah said the arrests were part of an ongoing anti-drugs operation, and that the men had been under surveillance for some time before their arrests. ''It's part of a team of investigation that was carried out,'' she said. While the Australian and the other men had been ''tentatively charged'', official charges could follow chemical analysis of the seized substances. ''He is being held and tentatively we will charge him, but it depends on the contents of the substance on him,'' Supt Nafisah said. ''But I can say (if the drugs are confirmed), definitely he will be charged.'' Supt Nafisah said under Malaysian law, the men could be held in custody for up to 14 days without charge while police continued to investigate them. They are expected to initially appear in a magistrates court in Kuala Lumpur, but could be transferred to a higher court if serious charges are laid. ''If it's confirmed drugs, his case will be transferred to a higher court,'' Supt Nafisah said. ''Yes, they could face the death penalty if convicted.'' Australia's Department of Foreign Affairs and Trade confirmed today that the Australian man had been arrested on March 1. ''Malaysian authorities arrested a 32-year-old Australian man from Western Australia for allegedly selling methamphetamines,'' a DFAT spokesperson said in Canberra. ''Consular officials in Kuala Lumpur are seeking access in order to offer consular assistance to the man. ''It is possible that he will be charged with Trafficking in Dangerous Drugs, Section 39B of the Dangerous Drugs Act 1952, which carries a mandatory death penalty upon conviction.'' The Australian's father was reported to have said he was unaware of his son's arrest and had not been able to contact him recently. It is believed that until six months ago, he had lived with his father in the southern Perth suburb of Success, but had then moved into an apartment in the central suburb of Mt Lawley. Malaysian police federal narcotics director Noor Rashid Ibrahim was reported as saying the Australian man intended to smuggle drugs back to Australia. Supt Nafisah said she was not aware if the man's father planned to travel to Malaysia to see his son. Malaysia has executed three Australians for drug offences in recent decades. Kevin Barlow and Brian Chambers were hanged in July 1986, followed by Michael McAuliffe in June 1993. Asked about the case today, Acting Foreign Minister Craig Emerson declined to go into details. ''We will provide, as we always do, every consular assistance to every Australian citizen but beyond that, it would be wrong for me to speculate about the nature and causes of the apprehension of this man,'' Dr Emerson told reporters in Canberra. ''Let the justice system take its course.''</p>

Australian facing drug death penalty in Malaysia

  AN AUSTRALIAN man is facing the death penalty after being arrested in Malaysia for allegedly trying to sell methamphetamine. Malaysian po...

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Spanish tax authorities are cracking down on tax offenders

<p><br />Hacienda has announced it will be keeping a close eye on fiscal engineering from e-commerce firms trading on the Internet. The Agencia Tributaría will also be keeping a close watch on sportsmen and women and artists. A new anti-fraud plan also includes alerts for contraband tobacco and the Secretary of State for Hacienda, Miguel Ferra, says they expect to recover 8.171 billion more from the measures. Hacienda has been told it cannot take on staff but it can substitute one in ten of the retirees. The number of inspections on elite sportsmen will go up by 14%, there will be greater control on house rental and undeclared businesses, using evidence of electrical consumption. Hacienda is also looking more closely at people who declare themselves insolvent when they are not, when they hide their assets. The use of preventative embargoes is to be extended, and offenders who fail to pay their debts to the fiscal face prison. Hacienda has established also new agreements with fiscal authorities in Switzerland, Andorra, Pánama, Bahamas and the Dutch Antilles.</p>

Spanish tax authorities are cracking down on tax offenders

Hacienda has announced it will be keeping a close eye on fiscal engineering from e-commerce firms trading on the Internet. The Agencia Tribu...

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How HMRC finally caught Nasir Khan

<p> </p><p>Nasir Khan had a successful accessories business, a jet-set lifestyle and reputation as a pillar of the community. But all that vanished in December when he was jailed for his part in a £250m VAT fraud. Jasper Jackson discovers how a 10-year investigation by HMRC led to his downfall At the start of 2001, Nasir Khan was the owner and managing director of a moderately successful accessories business called The Accessory People, which had an annual turnover of £13 million. By the end of that year, however, he was knee-deep in a £250 million VAT fraud involving the import and export of mobile phones. Khan’s journey from businessman to criminal finally ended at Southwark Crown Court fi ve days before Christmas last year, when he became the 15th member of a pan European criminal gang to be jailed for the fraud. Khan got nine years behind bars for money laundering in the last of six trials that resulted in the 14 other defendants being convicted of defrauding the public purse. The gang was sentenced to a total of almost 100 years in prison. The convictions were the culmination of a 10-year investigation by HM Revenue and Customs (HMRC) into a complex web of criminal activity linked to Khan and his associates that encompassed more than 200 companies in the UK, Spain and Holland and bank accounts holding millions of pounds tucked away in Hong Kong, Dubai and Pakistan. Among those convicted for their role in the scam were a drug smuggler, a former used car salesman and a fish and chip shop owner. According to HMRC, Khan and his 14 associates launched their fraudulent operation in June 2001 as the market for mobile accessories went into decline. The fraudsters embarked on a complex version of ‘missing trader’ VAT fraud known as ‘carousel fraud’ because it involves goods passing into and out of a country through a string of companies. The fraudsters would set up a UK company to import goods from the EU, on which it didn’t pay VAT. It would then sell them on to another company in the UK, charging VAT on the sale that should have been paid to HMRC. The second company would in turn sell on the goods to an intermediary controlled by the gang, in order to put distance between the original company and the end of the chain. This process would be repeated a number of times through so-called ‘buffer’ companies in order to disguise the fraud. Eventually, a UK-based firm in the chain would sell the goods to another EU firm outside the UK without charging VAT. Because the fi rm exporting the handsets had paid VAT when buying from firms further back in the chain, it was entitled to collect a refund from HMRC. However, the UK company at the very beginning of the chain would disappear without ever paying the VAT it had made on the first sale and other firms along the chain would also, covering the tracks of the fraudsters in the process. In some cases, the goods themselves would only notionally have the value that was being paid for them, with freight companies brought into the fold to provide seemingly legitimate records of transportation. The process would carry on indefinitely, with the goods that left the country later being reintroduced to the UK. Khan’s firm, The Accessory People (TAP), was one of the buffer firms involved in the scam, and he made huge sums of money helping to launder the proceeds of the carousel fraud. In the space of just two years, between 2001 and 2003, TAP’s turnover rose from £13 million to £219 million. Khan became hugely rich as a result, buying luxury apartments in the Putney Wharf and Chelsea Harbour developments on the Thames in London, as well as properties in Spain and Gibraltar. He also bought a luxury boat. Khan even donated £34,000 to Crimestoppers under the name Nasa Khan. Khan has now had £15 million of his assets frozen as HMRC tries to recoup some of the money lost to the fraud.</p>

How HMRC finally caught Nasir Khan

  Nasir Khan had a successful accessories business, a jet-set lifestyle and reputation as a pillar of the community. But all that vanished i...

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Mexico Arrests Boss of La Mano con Ojos Gang

<p> </p><p>Mexican authorities have arrested the La Mano con Ojos (The Hand with Eyes) drug gang’s reputed leader, who confessed to ordering the murders of 10 people. The arrest of Marco Antonio Hernandez Garcia was made near the Villa Olimpica neighborhood of southern Mexico City, the capital’s district attorney, Jesus Rodriguez, told reporters. Hernandez Garcia, alias “El Comandante,” who was detained Thursday along with bodyguard Gustavo Moreno Diaz, confessed to ordering the killings of 10 people “whose bodies were mutilated – some incinerated – and abandoned in different parts of the capital,” Rodriguez said. The victims, all decapitated and found with threatening messages alongside them, were suspected rivals involved in the local drug trade, the DA said. The suspect told authorities that he took over leadership of La Mano con Ojos after the arrest last August of Oscar Oswaldo Garcia Montoya, alias “El Compayito,” who confessed to participating directly in 300 homicides and ordering 600 others. La Mano con Ojos operates mainly in the central state of Mexico, which surrounds Mexico City, and is known for using extreme violence against its victims, most of whom have been decapitated. The Mexico City DA’s office will ask a judge to order Hernandez Garcia and Moreno Diaz held in preventive detention for their alleged responsibility in the multiple homicides. Clashes pitting drug cartels against each other and the security forces have claimed more than 50,000 lives in Mexico – according to media tallies – since December 2006, when President Felipe Calderon took office and militarized the struggle against the drug gangs.</p>

Mexico Arrests Boss of La Mano con Ojos Gang

  Mexican authorities have arrested the La Mano con Ojos (The Hand with Eyes) drug gang’s reputed leader, who confessed to ordering the murd...

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Free at last: Longest-serving farang at 'Bangkok Hilton' is checking out

<p> </p><p>Like most prisons, Bang Kwang Central reeks of decay. But the fetidness of the "Bangkok Hilton", as it is known by inmates, is more indicative of the soul of the place than the damp edifices that contain the men. Built in the 1930s to hold 3500, the maximum security prison in Thailand's biggest city now houses about 8000 inmates, who have been sentenced to more than 25 years each, as well as hundreds awaiting the outcome of their pending appeals, or execution. Leg irons provide a means of status identification: new inmates wear theirs for the first three months, whereas those on death row have their shackles permanently welded on. Fates are determined by will or whim -- a royal birthday here, a public holiday there. The stroke of a monarch's pen determines who shall live, die or be released. And in the interim both the panacea for and consequence of not knowing is insanity: the inmate's survival guide. At the time of his arrest for heroin trafficking, South African Alexander (Shani) Krebs was 34 years old. Initially condemned to death, his sentence was commuted to 100 then 40 years. He has not spent a nano-second in a democratic South Africa, having been arrested a day before the elections in 1994. Over the years he earned the tragic reputation of being the longest-serving farang, or foreigner, in Bang Kwang. But on December 5 Thailand's monarch, King Bhumibol Adulyadej, benevolently issued an amnesty of sorts, courtesy of his birthday, to all farangs convicted of drug offences. In Thailand the seventh cycle, or 84th birthday, is a significant milestone for the monarchy and special celebrations are organised for the entire year. For the foreign inmates it means that one-sixth of their sentences has been reduced. For prisoners incarcerated since 1994, like Krebs, it signals an early release. Although most of the 11 convicted South African drug mules in Thailand have been incarcerated for more than 15 years, it is unclear who else will be released with Krebs. And South Africa's department of international relations and co-operation is not providing answers. What is certain, according to his family, is that Krebs will be released on April 22 -- eerily, almost 18 years to the day of his arrest. On Facebook, where a 751-strong support group was established in 2008, Krebs's friends have been relentlessly posting messages of support and daily marking the countdown. "Shani, only 56 days to go ... every day gets brighter. x," writes Sue. "Support our friend in the last steps to victory," says Erwin. There are psychedelic artworks and photo-shopped collages of Krebs on an aeroplane, Krebs giving the thumbs-up, Krebs reunited with his family in Johannesburg. "We wanted Shani to see how much he has been missed and how his loved ones are literally counting the days till he returns," said his sister, Joan Sacks. Since 1994 she has campaigned tirelessly for his release and kept him updated through letters and the occasional five-minute phone calls permitted by the Bang Kwang authorities. Sacks has also set up a website through which prints of his paintings -- Krebs became an accomplished artist during his incarceration -- can be bought. Arrested in Thailand Meeting him in 2009, through a double layer of bars, wire and glass, was akin to staring at the portrait of Dorian Gray. His curly hair had remained youthfully long, his body ripped and his face -- from a distance, at least -- seemed protected from the ravages of age that cleave creases, folds and furrows into the rest of us. He was 49 years old. Krebs wore a crisp white T-shirt and immaculately pressed blue trousers. He had been up most of the night, he said, copiously preparing notes for our first interview. He was charming and cheerful. He refused to divulge details of his incarceration -- the agonising months in solitary confinement, the daily drudge of prison life, the creeping despair that all he might ever do in his life was time. He made no mention of the sweat-soaked bodies crammed into cells measuring six metres by four metres, forced to sleep spoon-like, or the pungency of the open sewerage system, or the cesspool of disease that is Bang Kwang.</p>

Free at last: Longest-serving farang at 'Bangkok Hilton' is checking out

  Like most prisons, Bang Kwang Central reeks of decay. But the fetidness of the "Bangkok Hilton", as it is known by inmates, is m...

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BP reaches £4.9bn Gulf oil spill deal

<p> </p><p>The UK oil company will pay damages to the thousands of hoteliers, shrimpers and oystermen along the Gulf Coast who were caught up in America's worst oil spill. The settlement follows a week of intense talks in New Orleans between lawyers for the local businesses and BP's legal team. Following the agreement, US District Judge Carl Barbier delayed for a second time the trial into who should shoulder the blame for the explosion that killed 11 people and injured many more in April 2010. The trial had been rescheduled to start tomorrow after Judge Barbier had given BP another week to find a deal. "The proposed settlement represents significant progress toward resolving issues from the accident and contributing further to economic and environmental restoration efforts along the Gulf Coast," said Bob Dudley, BP's chief executive. BP said that the $7.8bn will come from the $20bn fund - known as the Gulf Coast Claims Facility (GCCF) - the company established in the summer of 2010 to compensate local individuals and businesses hit by the spill. Just $6.1bn of that pot of money has so far been spent. The agreement, which requires the approval of Judge Barbier, covers economic damages for the tens of thousands of plaintiffs who had opted for a day in court rather than apply for compensation from the GCCF. It also covers medical damages suffered by locals in the wake of a spill that led to the release of more than 4m barrels of oil into the waters of the Gulf before the Macondo well was capped in July 2010. Of the $7.8bn, BP said that $2.3bn would go to compensate those who work in the Gulf's seafood industry.</p>

BP reaches £4.9bn Gulf oil spill deal

  The UK oil company will pay damages to the thousands of hoteliers, shrimpers and oystermen along the Gulf Coast who were caught up in Amer...

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Storms wreck homes across US, kill 28 people

<p> </p><p>Powerful storms stretching from the U.S. Gulf Coast to the Great Lakes in the north wrecked two small towns and killed at least 28 people as the system tore roofs off schools and homes and damaged a maximum security prison. It was the second deadly tornado outbreak this week. At least 28 people were killed, including 14 in Indiana and 12 in Kentucky, authorities said. In Indiana, Marysville was leveled and nearby Henryville also suffered extreme damage. Each is home to about 2,000 people. "Marysville is completely gone," said Clark County Sheriff's Department Maj. Chuck Adams. Aerial footage from a TV news helicopter flying over Henryville showed numerous wrecked houses, some with their roofs torn off and many surrounded by debris. The video shot by WLKY in Louisville, Kentucky, also shows a mangled school bus protruding from the side of a one-story building and dozens of overturned semitrailers strewn around the smashed remains of a truck stop. An Associated Press reporter in Henryville said the high school was destroyed and the second floor had been ripped off the middle school next door. Classroom chairs were scattered on the ground outside, trees were uprooted and cars had huge dents from baseball-sized hail. Authorities said school was in session when the tornado hit, but there were only minor injuries there. Afterward, volunteers pushed shopping carts full of water and food up the street and handed it out to people. The rural town about is the home of Indiana's oldest state forest and the birthplace of Kentucky Fried Chicken founder Col. Harland Sanders. Ernie Hall, 68, weathered the tornado inside his tiny home near the high school. Hall says he saw the twister coming down the road toward his house, whipping up debris in its path. He and his wife ran into an interior room and used a mattress to block the door as the tornado struck. It destroyed his car and blew out the picture window overlooking his porch. "There was no mistaking what it was," he said. The powerful storm system was also causing problems in states far to the south, including Alabama and Tennessee where dozens of houses were also damaged. The threat of tornadoes was expected to last until late Friday. The outbreak comes two days after an earlier round of storms killed 13 people in the Midwest and South. At least 20 homes were badly damaged and six people were hospitalized in the Chattanooga, Tennessee, area after strong winds and hail lashed the area. In Cleveland, another Tennessee town, Blaine Lawson and his wife Billie were watching the weather when the power went out. Just as they began to seek shelter, strong winds ripped the roof off their home. Neither were hurt. "It just hit all at once," said Blaine Lawson, 76. "Didn't have no warning really. The roof, insulation and everything started coming down on us. It just happened so fast that I didn't know what to do. I was going to head to the closet but there was just no way. It just got us." Thousands of schoolchildren in several states were sent home as a precaution, and several Kentucky universities were closed. The Huntsville, Alabama, mayor said students in area schools sheltered in hallways as severe weather passed in the morning. An apparent tornado also damaged a state maximum security prison about 10 miles (16 kilometers) from Huntsville, but none of the facility's approximately 2,100 inmates escaped. Alabama Department of Corrections spokesman Brian Corbett said there were no reports of injuries, but the roof was damaged on two large prison dormitories that each hold about 250 men. In California, a late winter storm that dumped at least 6 feet (1.8 meters) of snow in parts of the Sierra Nevada mountains created ripe conditions Friday for snow sports enthusiasts but also posed avalanche dangers, as one man died while skiing in back country. Contributing to this report were Associated Press writers Jim Suhr in Harrisburg, Illinois, and Jeff Martin in Atlanta, Associated Press videojournalist Robert Ray in Cleveland, Tennessee, and AP Radio's Shelly Adler in Washington.</p>

Storms wreck homes across US, kill 28 people

  Powerful storms stretching from the U.S. Gulf Coast to the Great Lakes in the north wrecked two small towns and killed at least 28 people ...

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INDONESIAN authorities claim an Australian man arrested this week allegedly carrying 1.1kg of hashish inside his body was couriering for an international drug network.

<p> </p><p>INDONESIAN authorities claim an Australian man arrested this week allegedly carrying 1.1kg of hashish inside his body was couriering for an international drug network. Because the amount exceeds 1kg, Edward Norman Myatt, 54, could face the death penalty if convicted of importing the drug, said I Made Wijaya, chief of Customs at Bali's Ngurah Rai international airport. "We believe he is a courier," Mr Wijaya yesterday told a press conference at which the Ballarat-born suspect was exhibited along with the drugs. "He is covering up information on the network in Indonesia." Speaking later in Denpasar, Gories Mere, chief of the national counter-narcotics agency BNN, said international drug syndicates were supplying illegal drugs into Bali. The trade had been in methamphetamines, Mr Gories said, but now the type of drugs being trafficked was changing. Mr Myatt was taken into custody at the airport on Monday afternoon after arriving from New Delhi via Bangkok. Mr Myatt was under surveillance by 40 officers when the Thai Airways flight landed because his movements had already attracted attention, Mr Wijaya said. Customs officers searched his baggage and clothing at the airport without finding any evidence of drugs, but remained suspicious. Mr Myatt was taken from the airport for a CT scan at a Kuta medical centre, but momentarily escaped the car when stopped in traffic and dived into a swamp near the roadway, Mr Wijaya said. The suspect was quickly caught and the scan later showed "suspicious objects" in his stomach. Mr Wijaya said 71 capsules containing hashish and one with crystal methamphetamines were recovered from Myatt's body over the following four days. The total weight, including packaging, was 1.11kg. The estimated street value of the hashish was Rp661.8 million (about $67,750). Under Section 113 of the Narcotics Law, Mr Wijaya said, "the suspect faces maximum penalty of death" or a prison term between five and 20 years. Mr Myatt, who was carrying Australian and British passports, had an April 4 return ticket to New Delhi. He had visited Bali five times previously. A Customs source said later that Mr Myatt was thought to have been working in Britain recently, but he had changed details of his story several times during questioning. Eleven of the 12 Australians now imprisoned at Bali's Kerobokan jail are serving lengthy terms for drug trafficking. They include Gold Coast woman Schapelle Corby and the Bali Nine heroin smuggling convicts. Two of the Bali Nine, Andrew Chan and Myuran Sukumaran, have been sentenced to death and their last resort is an appeal for presidential clemency to Susilo Bambang Yudhoyono. Sydney man Michael Sacatides was arrested at Ngurah Rai on October 1, 2010, with 1.7kg of methamphetamines concealed in his luggage. Sacatides was last year sentenced to 18 years' jail.</p>

INDONESIAN authorities claim an Australian man arrested this week allegedly carrying 1.1kg of hashish inside his body was couriering for an international drug network.

  INDONESIAN authorities claim an Australian man arrested this week allegedly carrying 1.1kg of hashish inside his body was couriering for a...

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Online porn increases sex addiction risk says expert

<p><br />THE prevalence of internet pornography is turning more Australians into sex addicts, an SA rehabilitation expert says. "The amount of porn that is readily available to anyone, especially on the internet, will lead to a serious public health problem," said Robert Mittiga, who runs the GATS Counselling centre on Hackney Rd, one of only two clinics in Australia that treats sex addiction. Mr Mittiga said he treated up to 40 sex addicts a year but expected the number to grow as more people learned about the condition. "Research has shown that about 10 per cent of any population are addicted to sex," he said. Mr Mittiga conservatively estimated up to one million Australians could have the problem. He said the internet - and young people's access to it - exacerbated the problem. He likened its wide array of pornography to marijuana, which he said was a gateway to harder and harder drugs. "Many sex addicts were exposed to pornography at a very young age, before their minds could properly process it. It could've been their father's magazines under the bed, but these days it is readily available on the internet," he said. "Sex addicts on the internet often experience a rapid progression of their addiction as they trawl deeper and deeper into hard-core porn to get their fix." He acknowledged there was a debate over whether it could really be classified as an addiction but said he treated it as an addiction because it met all the criteria. "Sex addicts have the same mood alterations as people addicted to substances like drugs or alcohol," he said. "Most importantly, they continue their behaviour despite the serious life-changing consequences, such as lost relationships, STDs and legal problems." Mr Mittiga said he was treating younger people, including women, and had one client who had begun stealing to pay the $90,000 he spent on prostitutes. He said the movie Shame, about an addict who pursues sex even though he gets no real pleasure out of it, was an excellent representation of the problem.</p>

Online porn increases sex addiction risk says expert

THE prevalence of internet pornography is turning more Australians into sex addicts, an SA rehabilitation expert says. "The amount of ...

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Lloret de Mar turns its back on drunken tourists

<p> </p><p>A barrage of new by-laws has been issued to control the holidaymakers.Following the disturbances seen last summer, the Lloret de Mar Town Hall has passed more restrictive by-laws designed to combat ‘drunken tourism’. Last summer clashes between drunken tourists and police led to 20 arrests when the regional police Los Mosses stopped more clients entering a discotec because the air conditioning was broken. 22 people needed medical treatment including nine officers. That is being described now as a point of inflexion in the town’s tourism. The new regulations are designed to control behaviour on the public highway and encourage civic solidarity. They include a ban on routes known as ‘pub tours’ or ‘disco tours’, and the ‘offering, requesting, promotion or discussion of accepting direct or indirect sexual services’ is banned in public spaces. The consumption of alcohol in the street is also banned as the advertising or bar promotions for alcohol with greater than 20 º content. Also out are free bars, 2X1, happy hours and club cards. Machines which serve drinks are banned on the public highway. Also prohibited is sleeping by day or night in a vehicle, and urinating in the street. There is even a new law prohibiting the practice of ‘balconing’ with fines of as much as 1,500 € for that, although some fines could be as high as 3,000 €. People will only be allowed to walk without a shirt or just in a swimming costume when they are on the beach. Mayor of Lloret de Mar, Romà Codina, said the measures had much to do with the success of similar programs in Barcelona.</p>

Lloret de Mar turns its back on drunken tourists

  A barrage of new by-laws has been issued to control the holidaymakers.Following the disturbances seen last summer, the Lloret de Mar Town ...

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Tomb opened to investigate stolen baby allegation, and found to be empty

<p><br />A judicial commission given the job of exhuming the remains of baby girl, as part of the investigation into alleged stealing of babies, opened the site where the baby’s remains was supposed to be, at an old cemetery in Ronda, Málaga. A court in Málaga had authorised the exhumation to carry out DNA testing to confirm identity, but the tomb was empty. Diario Sur reports the mother said there was nothing there ‘Not even a blanket or clothes, nothing at all, just an empty box with a cross on top’. The parents saw the child being born alive, but they were told later that she had died. The death is not recorded in the Registro Civil.</p>

Tomb opened to investigate stolen baby allegation, and found to be empty

A judicial commission given the job of exhuming the remains of baby girl, as part of the investigation into alleged stealing of babies, open...

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Gored bullfighter leaves hospital

<p> </p><p>Spanish bullfighter, Juan José Padilla, who was dramatically gored in the face on October 7 as part of the Pilar fiestas in Zaragoza, was released from hospital in the city on Wednesday. He told the press, sitting in a wheelchair and with his face uncovered and clear of any bandage, that he would be putting on his suit of lights and entering the ring again, although he admitted that it was impossible to continue this season. He said he would be back in 2012. Chief Ophthalmology surgeon at the Miguel Servet Hospital, Luis Pablo, described the matador’s recovery as spectacular, given that he arrived in the E.R. with his eye out of its socket. The bullfighter admitted that the prognosis is not so good as the optic nerve has been affected, and his retina also came detached, but he said ‘in medicine you never know, and miracles exist’. He told the press that he would not mind seeing pictures of him being gored, where one horn entered his cheek and exited in his left eye, but he had not done so as yet. ‘I bear no grudge against my profession or the bull’, he said. ‘The bull has given me much grandness’.</p>

Gored bullfighter leaves hospital

  Spanish bullfighter, Juan José Padilla, who was dramatically gored in the face on October 7 as part of the Pilar fiestas in Zaragoza, was ...

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UK Benefit Fraud investigators have recently enjoyed more success in the fight against benefit cheats in Spain.

<p> </p><p> In one of the latest cases to go to prosecution, Debbie Williamson from Rotherham was sentenced at Sheffield Crown Court to 18 months immediate imprisonment for having stolen UK benefits between 2004 and 2009. Ms Williamson had been claiming a number of non-exportable benefits from the UK, including income support. She denied having any connection with Spain, but investigators established she owned property in Valencia, had made regular cash withdrawals abroad and had her daughter in a local Spanish school. In total Ms. Williamson stole £42,558.72 from the British taxpayer by claiming benefits she was not entitled to after her circumstances changed. Ms. Williamson is just one of many cases that make up the estimated £79 million of benefit fraud committed abroad. Although most people claiming UK benefits abroad do so legally, Spain is one of the countries where most UK benefit fraud is committed. In many of these cases, the person has purposefully not informed the UK authorities of a change in their circumstances. Anyone in receipt of a UK State Pension or benefit has the responsibility to keep the department paying their benefit up to date with any changes that could affect their payment, no matter how small the change seems. More information on UK benefits in general and on which ones can and cannot be received whilst living in Spain can be found on the DirectGov website. If you know of someone committing UK benefit fraud whilst living in Spain, such as claiming a non-exportable benefit, working in Spain while in receipt of UK incapacity benefit, or claiming benefit as a single person but living with a partner, you can help to protect the taxpayers’ money. A free and confidential Benefit Fraud Hotline is available in Spain – call 900 554 440 or visit the Benefit Fraud website to help UK investigators close the net on the benefit thieves.</p>

UK Benefit Fraud investigators have recently enjoyed more success in the fight against benefit cheats in Spain.

   In one of the latest cases to go to prosecution, Debbie Williamson from Rotherham was sentenced at Sheffield Crown Court to 18 months imm...

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SEPLA call 24 more strikes in Iberia, and some are over Easter

<p><br />Iberia SEPLA union pilots have announced a new wave of strike action in protest at the company’s plans to start a new low-cost airline, Iberia Express, the first flight of which is set for March 25. They have called 24 more 24 hour strikes, which follow from the previous 12 which have already been seen. The stoppages are between March and May and some affect both the Easter break and bank holiday weekends. The pilots say they have upped their action because the company is refusing to talk and their attitude is ‘a radical rejection of any of the proposals offered by the collective, and to maintain the creation of Iberia Express which will result in the destruction of 8,000 jobs’. The union also claims that Iberia is not respecting Air Safety Regulations on work and rest time for the crew, saying that in one case a pilot has been sacked for this reason. The new strike action will be taken on 16, 19, 23, 25, 26 and 30 of March; 2, 4, 9, 13, 16, 20, 23, 27 and 30 of April; 2, 4, 7, 11, 14, 18, 21, 25 and 28 of May. On these dates Government imposed minimum services will see some services and normally the links to the Canaries and the Baleares are not affected. The 12 days strike action carried out so far is estimated to have resulted in losses of 32 million €.</p>

SEPLA call 24 more strikes in Iberia, and some are over Easter

Iberia SEPLA union pilots have announced a new wave of strike action in protest at the company’s plans to start a new low-cost airline, Iber...

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Cannabis memory effects examined

<p> </p><p>Scientists believe they are closer to understanding how taking cannabis disrupts short-term memory. The Canadian team from Ottawa University narrowed the effect down to a particular type of brain cell called an astrocyte. Writing in the journal Cell, they said it might be possible to block it in medicines based on cannabis. A UK researcher said it could reveal more about natural brain chemicals. Cannabis floods the brain with a host of chemicals which mimic one of its own subtle signalling systems, leading to pronounced changes in mood and memory. Scientists are trying to harness the power of these chemicals, called cannabinoids, in pharmaceuticals aimed at conditions such as multiple sclerosis and chronic pain. The doses of cannabinoid are carefully controlled to avoid the "high" feeling. The work by the Ottawa University researchers may shed light on how one of the best known cannabinoids, THC, acts on the brain. Memory matters Their work suggests that, when it comes to affecting memory, THC is acting not, as might be expected, on the brain's neurons, but on a brain cell called an astrocyte. Continue reading the main story “ Start Quote We may find a way to deal with working memory problems in Alzheimer's.” Dr Xia Zhang They bred mice whose astrocytes could not be affected by THC, and found that their spatial memory was unaffected by the dose. This discovery could help drug companies reduce the risk of unwanted side effects when using THC in their products, they suggested. However, possibly more importantly, it could shed light on the brain's own chemical pathways, the "endocannabinoid" system. Dr Xia Zhang, one of the researchers, said: "Just about any physiological function you can think of in the body, it's likely at some point endocannabinoids are involved." Understanding how this system works could lead to ways to make it work better, he suggested. "We may find a way to deal with working memory problems in Alzheimer's," he said. Prof Heather Ashton, from the University of Newcastle, said that memory problems were an established feature of cannabis use, and understanding the mechanism behind them was "interesting". She said: "When someone is taking cannabis, in some cases you find that they cannot even remember starting a sentence by the time they reach the end." But she agreed that the practical benefits of such research might ultimately lie in a better understanding of the body's own endocannabinoid system, rather than the effects of cannabis itself.</p>

Cannabis memory effects examined

  Scientists believe they are closer to understanding how taking cannabis disrupts short-term memory. The Canadian team from Ottawa Univers...

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Hacking officers and the 'champagne links' to Wapping

<p>Two senior Scotland Yard officers who dismissed the true scale of phone hacking at the News of the World had a close relationship with some of its journalists who were later arrested for alleged crimes at the paper, the Leveson Inquiry heard yesterday. John Yates, the Met's former assistant commissioner, had eight meetings with Neil Wallis, the paper's deputy editor until 2009, between 2009 and 2010, six while he was looking into alleged phone hacking at Mr Wallis's former paper – none of which was declared in the Metropolitan Police's register of hospitality. Mr Yates also had several meetings with NOTW crime editor, Lucy Panton. Andy Hayman, the assistant commissioner with oversight of the hacking inquiry in 2006, Operation Caryatid, which prosecuted only the paper's royal editor and its private investigator despite much wider evidence of wrongdoing, also had evening engagements with Mr Wallis and Ms Panton. After the Met launched fresh investigations into the paper, detectives arrested Mr Wallis in July 2011 on suspicion of phone hacking and Ms Panton in December 2011 on suspicion of police corruption. In a day of evidence highlighting the intimate professional and personal connections between senior Met staff and Rupert Murdoch's tabloid, the inquiry disclosed the meetings from notes they had made in their Scotland Yard diaries. The inquiry asked Mr Yates about an email sent by the NOTW's news editor James Mellor to Ms Panton, the crime editor, on 30 October 2010, asking her to find out more from him about a bomb found in a printer cartridge on a cargo aircraft. Mr Mellor wrote: "John Yates could be crucial here. Have you spoken to him? Really need an excl [exclusive] splash [front page] line so time to call in all those bottles of champagne..." Robert Jay, QC, the Leveson Inquiry's counsel, was particularly interested in meetings between Mr Wallis and Mr Yates, who in July 2009 decided not to reopen Scotland Yard's investigation into phone hacking after spending several hours reviewing the progress of the investigation carried out three years earlier. His diary showed a close connection to Mr Wallis. On 3 June 2009, for instance, he had a "private appointment" with Mr Wallis, the property developer Nick Candy and the PR entrepreneur Noel Redding at an Italian restaurant in London. In September 2009 – while Mr Yates was beginning to look afresh at the hacking inquiry following new disclosures in The New York Times – he again met Mr Wallis (who had by then left the paper) at the Mayfair restaurant Scotts. Among many other meetings with the NOTW's staff, Mr Yates had dinner with its editor, Colin Myler, and Ms Panton at the Ivy Club, private rooms above the famous theatreland restaurant in London, on 5 November 2009. Giving evidence by video link from Bahrain, where is he helping organise its police force, Mr Yates said Mr Wallis was "certainly a good friend" and had not declared the meals and drinks because they were "private engagements" for which he sometimes footed the bill. He added that he could not have known at the time that Mr Wallis, the deputy editor of the paper in 2006 at the time its royal editor, Clive Goodman, was arrested for phone hacking, would later become a suspect. Mr Goodman and the NOTW's private investigator Glenn Mulcaire were jailed in January 2007 for intercepting the voicemails of a total of eight people – whereas police now suspect other NOTW staff were involved and that the total number of victims will be 829. The inquiry produced minutes of a briefing from Scotland Yard on 9 July 2009, which indicated that Mr Yates may not have been told about the full scale of the evidence seized by police from Mr Mulcaire in 2006. One sentence read: "No evidence to support wider phones had been intercepted." Mr Yates denied that he had "been plied with champagne by Lucy Panton", but agreed he had drunk champagne with her. Mr Hayman, who was the senior counter-terrorism officer in 2006, dined with Ms Panton on 8 November 2005 and met her again at Scotland Yard on 11 November that year. He said he knew few details about Operation Caryatid. Sun's defence editor is arrested The defence editor of 'The Sun' has been arrested on suspicion of paying public officials for information. Virginia Wheeler, 32, appeared at a south London police station by appointment to answer questions related to evidence sent by News Corporation's management standards committee to Scotland Yard. 'Sun' publisher News International confirmed Ms Wheeler had been arrested in an email sent to its staff. A Metropolitan Police spokesman later confirmed a 32-year-old woman had been bailed to a date in May. Ms Wheeler had been abroad on extended leave. Police are understood to have wanted to question her for several weeks. Her arrest in connection with Operation Elveden follows those of 10 other former or current employees at 'The Sun'. Ian Burrell Murdoch briefed on terror by Met Scotland Yard chiefs briefed Rupert Murdoch on terrorist operations, the inquiry was told yesterday. Peter Clarke, who headed the force's counter-terror division, told the Leveson Inquiry there was "scepticism" in the media that the capital was a target before the 7 July attacks in 2005. He said he met Mr Murdoch when he was briefing senior journalists at News International's Wapping headquarters in August 2004. NOTW reporter denies MP's claims 'News of the World' reporter, Alex Marunchak, who was accused by the Labour MP Tom Watson of knowing a murdered private detective was about to sell a story on police corruption shortly before he was killed in 1987, has dismissed the claims as an "Oscar ceremony" performance. Mr Maranchuk said he had never heard of Daniel Morgan, or his employers, Southern Investigations, under after his murder. Leveson: I will stop more leaks Lord Justice Leveson has criticised leaks from his inquiry, which may include the revelation that Scotland Yard loaned a horse to former News International chief executive Rebekah Brooks. He warned yesterday that he could restrict advance release of witness statements to core participants if the leaks continue. The leaks would constitute a breach of confidentiality and could disrupt the inquiry, he said.</p>

Hacking officers and the 'champagne links' to Wapping

Two senior Scotland Yard officers who dismissed the true scale of phone hacking at the News of the World had a close relationship with some ...

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Sun defence editor arrested

<p>The defence editor of the Sun newspaper was arrested today on suspicion of paying public officials for information. Virginia Wheeler, 32, appeared at a south London police station by appointment to answer questions related to evidence sent by News Corporation's management standards committee to Scotland Yard. Sun publisher News International confirmed Ms Wheeler had been arrested in an email sent to its staff. A Metropolitan Police spokesman later confirmed a 32-year-old woman had been bailed to a date in May. Ms Wheeler had been abroad on extended leave in recent months, a source said. Police are understood to have wanted to question her for several weeks. She becomes the 23rd person to be arrested by officers working on Operation Elveden. Ms Wheeler is The Sun's first female defence editor and reported from the front line in Libya last year. The arrest was made under the Prevention of Corruption Act 1906 on suspicion of aiding and abetting misconduct in a public office (contrary to common law) and conspiracy in relation to both offences. Operation Elveden - which runs alongside the Met's Operation Weeting team - was launched as the phone-hacking scandal erupted last July with allegations about the now-defunct News of the World targeting Milly Dowler's mobile phone. It has now widened to include suspected corruption involving public officials, as well as police officers. A Met Police spokesman said: "Detectives from Operation Elveden have today arrested a 32-year-old woman by appointment on suspicion of corruption under the Prevention of Corruption Act 1906 and aiding and abetting misconduct in a public office (contrary to common law) and conspiracy in relation to both offences." Ms Wheeler's arrest in connection with Operation Elveden follows those of 10 other former or current employees at The Sun. District editor Jamie Pyatt, 48, was the first to be arrested in November, while senior employees Chris Pharo, 42, and Mike Sullivan along with executives Fergus Shanahan, 57, and Graham Dudman were detained in January. The tabloid's deputy editor Geoff Webster, picture editor John Edwards, chief reporter John Kay, chief foreign correspondent Nick Parker, and news editor John Sturgis were then arrested last month. A serving member of the armed forces, a Ministry of Defence employee and a Surrey Police officer have also been detained in connection with the investigation. All were later bailed pending further inquiries. Their arrests led The Sun's associate editor Trevor Kavanagh to launch an attack on police, claiming his colleagues had been treated like "members of an organised crime gang". Former News of the World crime editor Lucy Panton, who is married to a Scotland Yard detective, was also arrested as part of the investigation into the paying of police officers in December. Others questioned as part of the inquiry include former News International chief executive Rebekah Brooks, ex-Downing Street communications chief Andy Coulson, former News of the World managing editor Stuart Kuttner, and the paper's former royal editor Clive Goodman. The latest arrest comes as former police chiefs were giving evidence at the Leveson Inquiry today. Peter Clarke, former head of the Met's counter-terror division, and John Yates, who was forced to resign as assistant commissioner over the phone-hacking scandal, were questioned while Andy Hayman, the officer in charge of the original hacking investigation in 2006, was also due to appear.</p>

Sun defence editor arrested

The defence editor of the Sun newspaper was arrested today on suspicion of paying public officials for information. Virginia Wheeler, 32, a...

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