State Controller To Probe City Of Industry Finances Over 'Significant Discrepancies'The investigation comes in response to an audit that raised questions about $326 million in payments linked to a former mayor and his family.
Compton Official Warns Water Usage Penalties Could Sink Lower-Income FamiliesOfficials 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.
Mayor Garcetti, Metro Board To Deliver First $65K To Businesses Impacted By Rail ExpansionThe 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.
Officials To Resume Audit of DWP Trusts; City Launches 'Online Checkbook'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.
LA County Launches Outreach To Educate Seniors About Financial ScamsAn 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.
UCLA Survey: Financial Aid Plays Bigger Role For Incoming College Freshmen 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.
DA Lacey Calls For Banks To Assist High-Tech Crime UnitJust six months after taking office, the Los Angeles County District Attorney is declaring war on cyber crime.
KNX On Your Corner: Countrywide FinancialAt one time the largest mortgage lender in the U.S., Countrywide Financial was based in Calabasas.
Valley Congressman Revisits Bill Aimed At 'Too Big To Fail' BanksA 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.
Report: Rate Of OC Elder Abuse Skyrockets In 'Perfect Storm' The number of reported elderly abuse incidents is on the rise in Orange County, according to a report released Monday.
Wife, 2 Inmates Charged In Murder Of San Bernardino Man 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.
DA: Family Members Most Likely To Scam Older Americans A major effort was underway Wednesday to protect millions of older Americans from falling prey to financial fraud schemes.