The investigation comes in response to an audit that raised questions about $326 million in payments linked to a former mayor and his family.
Officials in Compton and other lower-income cities are warning that residents may be unable to bear any additional financial burden imposed by mandatory water restrictions.
The program was created by the Metro Board last year to provide financial assistance to “mom and pop” businesses located along the Crenshaw/LAX line, the Little Tokyo area of the Regional Connector and segment one of the Purple Line subway extension.
City officials announced Friday the launch of an online database of financial records for the Department of Water and Power in an effort to make the utility more transparent to taxpayers.
An estimated one in five seniors has fallen victim to a financial scam, with only a fraction of such incidents ever reported to authorities, Los Angeles County prosecutors said Monday.
College costs and financial aid are playing an increasingly decisive role in how incoming freshman in the U.S. determine where to attend school, according to a new UCLA survey.
Just six months after taking office, the Los Angeles County District Attorney is declaring war on cyber crime.
At one time the largest mortgage lender in the U.S., Countrywide Financial was based in Calabasas.
A San Fernando Valley Congressman is backing legislation to keep the nation’s biggest banks from threatening the stability of the financial system in the event of a collapse.
The number of reported elderly abuse incidents is on the rise in Orange County, according to a report released Monday.
Police said Tuesday a San Bernardino woman and two other suspects were in custody on charges of plotting to have her husband killed for a financial windfall.
A major effort was underway Wednesday to protect millions of older Americans from falling prey to financial fraud schemes.
Dykstra, 48, who is already facing charges of bankruptcy fraud in federal court, entered the plea in a San Fernando courtroom.
In need of estate planning? Colleen Barney, Managing Partner at Albrecht & Barney in Irvine, has some good advice.
Los Angeles is part of what many consider to be the central passage to the Pacific Rim and all major financial markets around the world.