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Here is what we are reading today:
From @CrimeADay : 33 U.S.C. §§411 & 407 make it a federal crime to throw a piece of trash into a navigable river from the shore.
Going To Jail For No Good Reason, Tweets By @CrimeADay (Forbes) - I had a chance to speak with the newest Twitterer out there on the crazy laws we have that can get you tossed in prison. So if you set out to violate every federal statute on the books, every day until you violated them all, how long would it take you? According to my new favorite Twitterer, @CrimeADay, you would need over ten years.
UBS Whistle-Blower Birkenfeld Wants To Head To Europe (Bloomberg) - Bradley Birkenfeld, the former UBS AG banker who won a $104 million whistle-blower award after serving time in U.S. prison for tax conspiracy, now wants to move back to Europe before his term of probation is set to end. Birkenfeld asked a judge to end his probation with less than a year left or modify its terms so he can leave the U.S., according to a filing in federal court in Fort Lauderdale, Florida. Birkenfeld pleaded guilty in 2008 and was sentenced to 40 months in prison after divulging to U.S. authorities how UBS helped thousands of American clients avoid taxes.
Bitcoin Promoter Shrem Gets 2 Years Prison (Bloomberg) - Charlie Shrem, the former Bitcoin Foundation Inc. executive who pleaded guilty to charges tied to the illicit online bazaar “Silk Road,” was sentenced to two years in prison by a judge who rejected his bid to remain free and “change the world.” Shrem, 25, a prominent evangelist for the virtual currency, admitted in September to helping send money on behalf of an operator of an illegal bitcoin exchange called BTCKing. He faced as long as 71 months in prison under federal sentencing guidelines, according to a report by U.S. probation officials.
Insider Trading Morass (DealBook) - We need an insider trading statute. With simmering resentments nearing the boiling point among federal courts of appeals, district court judges and law enforcement officials after an appeals court decision, the time seems to have come for a clear-cut law. On Dec. 10, the hostility was all too evident when a three-judge panel of the influential United States Court of Appeals for the Second Circuit swept aside the insider trading convictions of two Wall Street traders, Anthony Chiasson and Todd Newman, and dealt a blow to the successful, multiyear crackdown on corruption on Wall Street by Preet Bharara, the United States attorney in Manhattan.
UK Regulators To Probe PwC Over Tesco Accounting Scandal (Reuters) - Britain's accounting watchdog, the Financial Reporting Council (FRC), said on Monday it had launched an inquiry into PwC [PWC.UL] over its auditing of Tesco's 2012, 2013 and 2014 accounts. Tesco said in September that it had overstated first-half profits by 250 million pounds ($391 million) due to incorrectly booking payments from suppliers -- a figure later raised to 263 million pounds, compounding earlier profit warnings.
Trusted Office Manager Headed To Prison (Star Phoenix) - Stealing $200,000 from her employer has earned Danielle Winter Adrian a stint in federal prison. "When the Visigoths were sacking Rome, they could have used this offender's assistance," Justice Richard Danyliuk said in his written decision issued Friday at Saskatoon Court of Queen's Bench. Danyliuk sentenced Adrian, a former office manager for Sutton Group-Norland Realty Inc., to 30 months in prison. She previously pleaded guilty to fraud.
A Wife Of In Inmates Writes About The Holidays (Progressive Prison Project) - As I walked into church this Christmas season, there hung the tree of Christmas Angels to help those families in need. I would normally just grab an Angel in hopes to bring some joy to a boy or girl. I have always enjoyed being part of this gift giving, but did I really reflect on what it truly meant. These pieces of paper are not merely pieces of paper on a Christmas Tree; they are families who need us. This time, the Angel had a reflection and the reflection was my family. For the first time, my Angel had a face.