Rothstein faces new questioning in scheme
Convicted Ponzi schemer Scott Rothstein will undergo a second round of questioning about the inner workings of his $1.2 billion fraud, a judge ruled Friday.
Rothstein, a 49-year-old disbarred lawyer, is serving a 50-year prison sentence after pleading guilty to orchestrating the Ponzi scheme, which involved investments in phony legal settlements. He is cooperating in the ongoing investigation and the civil lawsuits in hopes of winning a sentence reduction.
A court-appointed trustee has filed lawsuits seeking about $500 million against various entities connected to Rothstein in hopes of recovering money for investors and creditors.
U.S. probes electrical fires in 2 Toyota vehicles
Toyota's Camry and RAV4 vehicles are under investigation by U.S. automobile-safety regulators after reports of electrical fires in driver-side doors.
The National Highway Traffic Safety Administration announced the inquiry into about 830,000 Camry cars and RAV4 crossover sport utility vehicles for model year 2007 on its website Friday. The agency said it has received six reports of fires that appear to have started in the power window master switch in the driver-side door.
Air Force may buy as many as 18,000 iPads
The Air Force may buy as many as 18,000 iPad2s in what would be one of the military's biggest orders of computer tablets, accelerating Apple Inc.'s inroads into the federal government.
The service's Air Mobility Command plans to issue a request for proposals to buy between 63 and 18,000 "iPad 2, Brand Name or Equal devices" to lighten the load of flight crews, according to the Federal Business Opportunities website.
From wire reports
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