New York Attorney General Eric Schneiderman

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New York Orders Trump Foundation to Stop All Fundraising

It's not properly certified

(Newser) - More bad news for Donald Trump: New York state has ordered his Trump Foundation to immediately stop soliciting money from people because it's not properly certified as a charity, reports the New York Times . The office of State Attorney General Eric Schneiderman sent the foundation a cease-and-desist order Friday... More »

NY AG Is Investigating Trump Charity

He says office is looking into reports of 'impropriety'

(Newser) - A new headache for Donald Trump: New York Attorney General Eric Schneiderman has confirmed that the Donald J. Trump Foundation charity is being investigated "to make sure it's complying with the laws governing charities in New York," Politico reports. Schneiderman tells CNN that his office is the... More »

Papa John's Franchisee Gets Jail for Dodging Overtime

NYC owner also to cough up more than $500K in back pay, damages, penalties

(Newser) - A Papa John's owner tried to make a buck off his employees' backs, and now he's paying big time. Abdul Jamil Khokhar, who owns nine of the chain's restaurants in the NYC area along with BMY Foods, has pleaded guilty to not paying the correct minimum wage... More »

Medical Debt Gets a Break in Credit-Report Overhaul

Big 3 agencies agree to revamp system to better address errors, medical bills

(Newser) - Good news for consumers who've had to play the waiting game to pay off medical debt: The three largest credit-reporting agencies in the US are working together to overhaul their systems to take better care of customer issues and the way medical debt is handled, Reuters reports. In a... More »

Trump U Sued for Fraud, $40M

NY AG claims Donald's school failed to deliver on overpriced education

(Newser) - Trump University just took a hit from the School of Hard Knocks: New York's attorney general yesterday sued the Donald and his eponymous school for a hefty $40 million for defrauding students. "Trading on his celebrity status, Mr. Trump personally appeared in advertisements making false promises to convince... More »

NY Attorney General Investigates Utilities Over Superstorm Sandy

Schneiderman wants to know if Con-Ed, LIPA were unprepared

(Newser) - The Long Island Power Authority and ConEd don't just have frustrated customers to worry about—the state's attorney general has opened investigations into how they prepared for superstorm Sandy and handled its aftermath, reports the Wall Street Journal . Eric Schneiderman has subpoenaed records seeking details, a source tells... More »

In Face of Gas Woes, Great News at the Pump

Gas prices falling everywhere else, but crisis persists in worst-hit areas

(Newser) - More steps in the effort to ease the post-Hurricane Sandy fuel crisis: UPI reports that the EPA lifted clean diesel regulations in the New Jersey, Pennsylvania, and NYC area, allowing vehicles to use heating oil for emergency response purposes, while the Energy Department said it was working with the Pentagon... More »

Bear Stearns Email Refers to Bonds as 'Sack of S***'

But the bank kept foisting them on investors, says lawsuit

(Newser) - Today's newly filed lawsuit accuses Bear Stearns—now owned by JPMorgan Chase—of knowingly pushing rotten mortgage securities onto investors before the financial meltdown. And how might federal prosecutors go about proving it? It won't hurt that they've got Bear Stearns emails referring to one deal as... More »

Probe Targets Finance Firms Over 'Sneaky' Strategy

Bain Capital gets a subpoena

(Newser) - Do private equity firms like Bain Capital use a sly strategy to avoid paying hundreds of millions in taxes? That's what New York Attorney General Eric Schneiderman aims to find out. In recent weeks he issued subpoenas to more than a dozen companies, including Bain, TPG Capital, and Sun... More »

Energy Drinks Face Scrutiny in New York

Three producers get subpoenas over marketing claims

(Newser) - New York state's attorney general apparently is a little skeptical about the wonder claims of three popular energy drinks. Eric Schneiderman issued subpoenas to three big players—Monster Beverage; PepsiCo, maker of AMP; and Living Essentials, maker of 5-Hour Energy drink, report the Wall Street Journal and Reuters . The... More »

IRS Probing Rove's Crossroads GPS

Tax-exempt groups are supposed to benefit community

(Newser) - The IRS has launched an investigation to determine if Karl Rove's GOP-boosting Crossroads GPS and similar organizations are violating their tax-exempt status by spending too much money promoting a party agenda and candidates. Organizations are granted tax-exempt status only if they promote a benefit to the community. The IRS... More »

NY Probes Chamber of Commerce Political Funding

Did 'charity' funnel bucks to organization for anti-Democrat issue ads?

(Newser) - The New York Attorney General has launched an investigation to determine if organizations are secretly channeling money to the US Chamber of Commerce to be used to impact political campaigns. The tax-exempt chamber is a major player in US politics, but not required to disclose the identities of its donors.... More »

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