Senior Citizen in Albuquerque, New Mexico, pleas 'no contest' to racketeering in ORC case. The suspect was found to be the fencing source of shoplifters and later selling the merchandise at a local flee market. In 2008, Moreno was originally charged with receiving stolen property, but over time police continued to expand the investigation. (source krqe.com)

 

Ex-CSK Auto CEO giving back $2.8M in SEC accord. The former CEO and chairman of CSK Auto Corp. will give back about $2.8 million in bonuses and profits from sales of company stock he received while federal regulators say the auto parts supplier was committing accounting fraud in 2002 to 2004. Jenkins wasn't personally charged in connection with the alleged accounting violations. But a 2002 anti-fraud law requires senior executives to repay bonuses, other incentive pay and stock profits they received during a period in which their company violated financial reporting rules. The SEC is empowered to recoup the money for the company in what is called a "clawback." The SEC had sued Jenkins in July 2009, seeking $4.1 million. It was the agency's first "clawback" case against a person who wasn't accused of otherwise violating the securities laws. (Source kwgc.com)