Harold Babb News Today : Breaking News, Live Updates & Top Stories | Vimarsana

as i said, another spike in gas prices could put the recovery in jeopardy. a former executive admitting his role in a government contracting fraud scheme, $28 million worth of fraud. 60-year-old harold babb pleaded guilty to charges of bribery and unlawful kickbacks. prosecutors say he's cooperating with the investigation. he and three other men were arrested this past fall to submit fraudulent and inflated invoices for government contracting work. two men were from the army corps of engineers. prosecutors say the proceeds of the fraud, $28 million, were spent on ernl luxuries includ...

airport a little after 8 p.m. eastern time tonight, touching down on u.s. soil, knox's first time home in over four years. she flew from rome to london and from there a direct flight to seattle on business class in the plane's secluded upper deck. the airline says it was to preserve her privacy. at least nine members of the media were on board below but were not allowed to go upstays and had to stay seated while customs officials escorted her and her family off the plane. as they're going through customs knox entered the room to the airport for a press conference for an outburst of a...

around an alaska native corporation called eyak in this complex in dulles. according to a federal indictment, alexander and kerry khan of alexandria, both employees of the u.s. army corps of engineers helped follow more than 45 million to an unidentified company to a no-bid contract. using false invoices, the feds alleged that they helped themselves to $20 million along with two others. harold babb wholeyed with his family in the sterling home and lee kahn who helped his father run the fraudulent company out of his home in alexandria. >> willingness to engage in this behavior and gre...

always felt 'twas right decision remains the right decision today. now is not my time. >> reporter: it is mitt romney's time. moderate is alone now. top of the gop field. rick perry suffered a spectacular fall losing half of his support. herman cain, spectacular rise. in today's "washington post"/abc news poll, romney is at 25%. perry and cain tied at 16 after perry's tumble and cain's craw drup -- quadrupling is back. >> he is a straight talker. that's what people like. that's what they are looking for. >> reporter: but rick perry is not finished. >> the republican race pauses here ...

today and it's unclear at this hour if they made it into court for their first appearances before a federal magistrate judge. >> how did the scheme work and who uncovered this? >> reporter: the scheme was uncovered by the fbi. this is very, very complicated. the indictment claims this carrie kahn used two companies. one that was unnamed in the indictment to kick back money directly to him through phony invoices. the riches are listed as cash, furnishings for his home, renovations for multiple properties, flat screen televisions and computer equipment, shawn? >> thank you, paul wagner...