White-Collar Crime - The Salt Lake Tribune

Smartphones a growing avenue for hackers, users warned

Wed, 15 May 2013 17:20:03 MDT

Smartphones a growing avenue for hackers, users warned

by Tony Winton The Associated Press

Published May 15, 2013 05:20PM MDT

Smartphones are increasingly popular not only with consumers, but also with thieves who see the devices as another way to tap into bank accounts and other sensitive information, experts say. Many consumers simply don’t realize how vulnerable their Androids, iPhones and other devices can be. An April study by the Federal Reserve Bank of Atlanta said threats are proliferating, ranging from “phishing” — where consumers click a phony email or text message and are tricked into handing over personal i...

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Restaurant empire gone, Kwon awaits prison

Wed, 15 May 2013 10:01:34 MDT

Restaurant empire gone, Kwon awaits prison

by Dawn House The Salt Lake Tribune

Published May 15, 2013 10:01AM MDT

Gene Kwon, once one of the Wasatch Front’s most prominent restaurateurs, was in the Salt Lake County jail Tuesday awaiting a spot in prison, his business empire only a memory. Several years after he entangled friends and others in a trail of fraudulent loans, Kwon, 45, was sentenced last week to one to 15 years on his guilty pleas to one count of theft, three counts of securities fraud and a pattern of unlawful activity, all second-degree felonies. Third District Judge Judith Atherton ordered...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Enron’s Skilling could see sentence cut 10 years

Wed, 08 May 2013 18:14:02 MDT

Enron’s Skilling could see sentence cut 10 years

by Juan A. Lozano The Associated Press

Published May 8, 2013 06:14PM MDT

Houston • Convicted ex-Enron Corp. CEO Jeffrey Skilling’s more than 24-year prison sentence for his role in the once mighty energy giant’s collapse could be reduced by as many as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys. Under the agreement, which Justice Department officials say includes a previous court-ordered reduction of as much as nine years, Skilling’s original sentence will be reduced to somewhere between 14 and 17.5 y...