Tag Archives: Hilton Hotels

Real-life Hamburglar: Thieves nab $100G in hamburger patties

Police in central New Jersey are looking for thieves who made off with $100,000 worth of hamburger patties.

The audacious heist took place between Monday night and Tuesday morning in Linden.

Police tell The Star-Ledger of Newark that the thieves stole an entire shipping container from the yard of BMG Logistics.

Some surveillance footage shows a tractor pulling the refrigerated, 40-foot container out of the yard.

The container had been shipped from Kansas City and was en route to the Netherlands. The hamburgers were to be distributed to Hilton Hotels outside the U.S.

From: http://feeds.foxnews.com/~r/foxnews/national/~3/TsK8cCB-hAA/

Authorities Charge Raj Rajaratnam's Brother With Insider Trading

By Jordan Maglich, Contributor

Facing an expiring statute of limitations, authorities filed criminal and civil charges against Rajarengan “Rengan” Rajaratnam for his role in the massive insider trading scheme masterminded by his brother, Raj Rajaratnam, who is is currently serving the longest prison sentence handed down for an insider trading conviction.  In parallel actions, the Securities and Exchange Commission (“SEC”) and the U.S. Attorney’s Office for the Southern District of New York (“USAO”) accused Rengan Rajaratnam of pocketing more than $3 million in profits by trading on material non-public information in several companies, including Polycom, Hilton Hotels, and Clearwire.  The SEC charged Rajaratnam with violations of the Securities Exchange Act of 1934, while the extent of the criminal charges was not yet known. …read more
Source: FULL ARTICLE at Forbes Latest