Fugitive Suspected In Large-Scale Ponzi Scheme Due In Court

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Bynum's Second Technical, Fine Rescinded
(CBS) -- In the fourth quarter of the Lakers' 109-87 win against the New York Knicks on Sunday, Bynum was whistled for two consecutive technical fouls for arguing a foul call with referee Leon Wood. The second of the two technicals has been rescinded by the NBA, according to league spokesman Tim Frank. The second technical carries with it a $2,000 fine. The NBA expanded its technical foul rule prior to the season to include issuing Ts for "overt" player reactions to referee calls. The Lakers have been hit with 15 technical fouls as a team in their past 10 games.    2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

LOS ANGELES (CBS) — A man who had been a fugitive for more than five years after being indicted for allegedly running a “large-scale Ponzi scheme” is scheduled to be arraigned Tuesday morning.

John Lee, 40, was arrested at L-A-X Sunday night after he was extradited from Thailand. He was accused of defrauding 29 victims in Los Angeles and Ventura counties out of $1.869 million.

A 31-count felony complaint, which included two criminal counts for California Corporations Code violations, was filed against Lee in 2006, who responded by fleeing to Taiwan, according to authorities.

Lee is being held at the Men’s Central Jail in lieu of $1.869 million bail.

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