Feds Slam Hedge Fund Exec With Criminal Indictment

Federal prosecutors Wednesday unsealed an indictment accusing  Michael Cohen, a former executive managing director of the publicly traded hedge fund Och-Ziff Capital Management of 10 criminal counts, including fraud, conspiracy and obstructing justice in a scheme involving a charitable client and a “luxury yacht.”

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Swiss Indict 3 Over Alleged al-Qaida Propaganda Videos

Federal prosecutors in Switzerland on Thursday announced indictments of the leader of a prominent Swiss Islamic group and two other top members over alleged al-Qaida propaganda videos posted on YouTube. Contacted by phone in Bangladesh, one of the suspects rejected the case as “politically motivated.”

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