Page 2 - Fraud Ring News Today

Swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial. >> neil: to arizona right now where police just busted up a massive food stamp fraud ring. this is weird. police officers seizing more than half a million dollars and arresting these three guys. tom horn is arizonas attorney. tell me what this is all about? >> there are certain convenience stores ...

Prosecutors say the suspects started credit card accounts for people who dont even exist. then sent false papers to boost their credit scores. and once they secured the big loans, they never repaid them. according to investigators, the suspects spent the money on electronics, on spa treatments and millions of dollars in gold. in a fraud ring that spread across 28 states and 8 countries. and one special agent called it a virtual cafeteria of sophisticated frauds and schemes whose main menu items ...

economy overall. dont even get us started on europe or the tax cuts set to expire and spending cuts due to kick in a few short months from now watching it all is fed chairman ben bernanke who is trying to explain to congress -- live pictures right now -- what if anything he plans to do about it without saying too much. felicia taylor is watching from the new york city. felicia, what have we heard and learned so far? >> reporter: its a careful dance because obviously the federal reserve...