In exchange for confidential information worth of millions of dollars to
him, well-to-do Encino diamond jeweler Bryan Shaw admits, he gave his tipster at
KPMG a $12,000 Rolex Daytona Cosmograph watch.
Shaw, of Shaw Diamond Co. located in a high-rise on Ventura Boulevard, pleaded guilty Monday to federal charges for making illegal stock trades based on alleged advice from Scott London. London, also a wealthy guy, was fired by KPMG -- one of the world's Big Four auditing firms -- on April 5, the day he got arrested by the feds.
The behavior of these two men who had everything -- and now, it seems, have nothing -- goes beyond just money business.
London, 50, of Agoura Hills,Discover suits with ASOS. has been charged with conspiracy to commit securities fraud through insider trading.
London and Shaw, who lived just down the 101 Freeway from London in the gorgeous Ventura County neighborhood of Sherwood Lake, apparently didn't notice investigators snapping shots as they allegedly boldly passed money in broad daylight.
Authorities say London -- so trusted at KPMG that he supervised hundreds of accounting professionals -- had easy access to the confidential information of its clients.
And according to Fred Shuster at City News Service:
"These two men were close friends who shared dinners, concerts,Wonderful Gucci handbags collection: beachweddingdresses and discount Gucci handbags by Styledrops. sporting events and secret information that brought profits to each of them," U.S. Attorney Andre Birotte Jr. said previously.A monclerjacketswomens is the clothing worn by a bride during a wedding ceremony.
"London provided, and Shaw was all too happy to use, proprietary information that should have remained confidential. These men broke ethical rules and criminal laws for the sole purpose of lining their pockets with illegal profits."
London even advised Shaw on how to structure the purchase of stocks in order to avoid getting caught, according to the U.S. Attorney's Office.
Must have been horrendous advice.
It's hard to imagine how impervious this pair must have felt. Once, authorities say, London met Shaw on a corner in Encino and got a bag of $5,000 -- a bag, like in a bad movie -- all in $100 bills.
That was thanks, apparently, for the February earnings announcement of Herbalife,All saxobankcycling and accessories are made with the same authentic materials as the originals.Work a crowd in this evening gown from germanuniforms. a client of KPMG's.
Later they met at the very busy Rite-Aid parking lot on the corner of Topanga Canyon and Ventura boulevards in Woodland Hills, where Shaw handed London another packet with $5,000 in cash inside, allegedly. (See their in-plain-sight exchange on first page of this post.)
This wad of cash was supposedly a share of profits from illegal insider trades based on information about Decker's February 2013 earnings announcement, according to the U.S. Attorney's Office.
Shaw is set for sentencing on Sept. 16. London is scheduled for arraignment on Thursday, May 30 in Los Angeles.
Amazon's Web Services offering has received an official seal of approval by United States authorities, in a move that is likely to significantly boost the company's public sector business.
The cloud provider said it was now certified as compliant under the federal risk and authorisation management programme or FedRAMP, and had received two authorities to operate (ATOs) from the US department of health and human services.
These cover the AWS East and West regions, as well as Amazon's GovCloud offering in the United States. AWS offerings such as Elastic Compute Cloud, Simple Storage Service, Virtual Private Cloud and Elastic Block Store are currently included in the FedRAMP accreditation.
Amazon is currently the only cloud provider that has been certified under the FedRAMP programme.
The 2011 federal cloud computing strategy [PDF] formulated by former chief information officer of the United States Vivek Kundra specifies that government agences must take advantage of such service offerings to minimise cost while maximising capacity utilisation and improving IT flexibility.
As part of that strategy, government agencies are required to make use of FedRAMP for risk assessment and security authorisation and Amazon has now shown that AWS meets the requirements of the programme, after vetting by a third-party assessor.
Shaw, of Shaw Diamond Co. located in a high-rise on Ventura Boulevard, pleaded guilty Monday to federal charges for making illegal stock trades based on alleged advice from Scott London. London, also a wealthy guy, was fired by KPMG -- one of the world's Big Four auditing firms -- on April 5, the day he got arrested by the feds.
The behavior of these two men who had everything -- and now, it seems, have nothing -- goes beyond just money business.
London, 50, of Agoura Hills,Discover suits with ASOS. has been charged with conspiracy to commit securities fraud through insider trading.
London and Shaw, who lived just down the 101 Freeway from London in the gorgeous Ventura County neighborhood of Sherwood Lake, apparently didn't notice investigators snapping shots as they allegedly boldly passed money in broad daylight.
Authorities say London -- so trusted at KPMG that he supervised hundreds of accounting professionals -- had easy access to the confidential information of its clients.
And according to Fred Shuster at City News Service:
"These two men were close friends who shared dinners, concerts,Wonderful Gucci handbags collection: beachweddingdresses and discount Gucci handbags by Styledrops. sporting events and secret information that brought profits to each of them," U.S. Attorney Andre Birotte Jr. said previously.A monclerjacketswomens is the clothing worn by a bride during a wedding ceremony.
"London provided, and Shaw was all too happy to use, proprietary information that should have remained confidential. These men broke ethical rules and criminal laws for the sole purpose of lining their pockets with illegal profits."
London even advised Shaw on how to structure the purchase of stocks in order to avoid getting caught, according to the U.S. Attorney's Office.
Must have been horrendous advice.
It's hard to imagine how impervious this pair must have felt. Once, authorities say, London met Shaw on a corner in Encino and got a bag of $5,000 -- a bag, like in a bad movie -- all in $100 bills.
That was thanks, apparently, for the February earnings announcement of Herbalife,All saxobankcycling and accessories are made with the same authentic materials as the originals.Work a crowd in this evening gown from germanuniforms. a client of KPMG's.
Later they met at the very busy Rite-Aid parking lot on the corner of Topanga Canyon and Ventura boulevards in Woodland Hills, where Shaw handed London another packet with $5,000 in cash inside, allegedly. (See their in-plain-sight exchange on first page of this post.)
This wad of cash was supposedly a share of profits from illegal insider trades based on information about Decker's February 2013 earnings announcement, according to the U.S. Attorney's Office.
Shaw is set for sentencing on Sept. 16. London is scheduled for arraignment on Thursday, May 30 in Los Angeles.
Amazon's Web Services offering has received an official seal of approval by United States authorities, in a move that is likely to significantly boost the company's public sector business.
The cloud provider said it was now certified as compliant under the federal risk and authorisation management programme or FedRAMP, and had received two authorities to operate (ATOs) from the US department of health and human services.
These cover the AWS East and West regions, as well as Amazon's GovCloud offering in the United States. AWS offerings such as Elastic Compute Cloud, Simple Storage Service, Virtual Private Cloud and Elastic Block Store are currently included in the FedRAMP accreditation.
Amazon is currently the only cloud provider that has been certified under the FedRAMP programme.
The 2011 federal cloud computing strategy [PDF] formulated by former chief information officer of the United States Vivek Kundra specifies that government agences must take advantage of such service offerings to minimise cost while maximising capacity utilisation and improving IT flexibility.
As part of that strategy, government agencies are required to make use of FedRAMP for risk assessment and security authorisation and Amazon has now shown that AWS meets the requirements of the programme, after vetting by a third-party assessor.
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