Jurors hear secret tape recording in Miami police corruption trial as feds rest their case




















As rain began to fall on a June evening, Miami Police Sgt. Raul Iglesias told an undercover detective in his drug-fighting squad to turn off his cell phone and take out the battery as both officers stood outside the boss’s home.

Iglesias, already relieved of duty on suspicions of being a dirty cop, feared Roberto Asanza’s phone could be recording him. And his instincts were right, because Asanza was wired — though not through his phone.

“No one has done anything illegal or broke the law,” Iglesias told Asanza in the recorded conversation, played for jurors Friday at the sergeant’s corruption trial in Miami federal court. “... If they got, they got [it], but I [have] never seen anyone in my unit do anything wrong.”





Later in their chat, Asanza — who was cooperating with authorities and trying to bait his boss into incriminating statements — expressed fears about lying on the witness stand if he was asked to testify. Iglesias agreed that committing perjury would be a bad idea.

“Yeah, of course, you don’t wanna, you don’t wanna f---ing lie,’’ Iglesias responded.

The secret tape recording from June 2010 was the last piece of evidence that prosecutors presented before resting their corruption case Friday against Iglesias, 40, who has been on the force for 18 years.

Iglesias, an ex-Marine and Iraq War veteran who was shot in the leg during a 2004 drug bust, is standing trial on charges of planting cocaine on a suspect, stealing drugs and money from dope dealers, and lying to investigators about a box of money left in an abandoned car as part of an FBI sting.

Asanza, 33, also an ex-Marine, pleaded guilty last year to a misdemeanor charge of possessing cocaine and marijuana. The deal helped him avoid a felony conviction; in exchange, he testified Thursday that Iglesias told him it was “okay” to pay off confidential informants with drugs.

The secret tape recording could cut both ways for jurors. On it, Iglesias did not say anything to Asanza to implicate himself in connection with charges in the nine-count indictment, his defense attorney, Rick Diaz, pointed out Friday. The charges encompass the police sergeant’s brief stint as head of the Crime Supression Unit from January to May 2010.

Miami Internal Affairs Sgt. Ron Luquis, a government witness, agreed with Diaz’s general assessment during his testimony Friday, though the witness also sided with many of prosecutor Ricardo Del Toro’s critical views of the same evidence.

Asanza, despite agreeing to cooperate, discreetly gave his supervisor a heads-up that he was facing a potential criminal investigation when they met for the recorded conversation, according to sources familiar with probe.

The recording was made two months after other members of Iglesias’ Crime Suppression Unit wrote an anonymous letter to internal affairs, alleging that he was “stealing drugs and money” from dealers “2-3 times per 4-day work week.” Five CSU members, including Asanza, testified against Iglesias over the past week.

Asanza’s recording of Iglesias was less intelligible when both went inside the police sergeant’s home. Asanza’s wire picked up the sound of a barking dog, a blaring TV and the rustling of paper. Investigators believe Iglesias wrote down information on sheets of paper and later burned them, but that evidence was not presented to jurors.





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Lenovo IdeaTab A2107 comes to AT&T for $200 with no contract






AT&T (T) on Friday announced the addition of the Lenovo (LNVGY) IdeaTab A2107 to its line of tablet PCs. The 7-inch slate is equipped with a 1GHz dual-core processor, 1GB of RAM, 16GB of internal storage, 3G connectivity and Android 4.0 Ice Cream Sandwich. The IdeaTab A2107 also includes a 3-megapixel rear camera, a microSD slot, a front-facing camera and a 3550 mAh battery. The tablet’s display isn’t nearly as good as the competition, however, sporting a mere 1024 x 600 resolution with a pixel density of 170 pixels per inch, falling short of Google’s (GOOG) similarly priced Nexus 7.


[More from BGR: Samsung cancels Windows RT plans in U.S.]






“The Lenovo IdeaTab is a great option for those in the market for a compact, multifunctional tablet at an affordable price,” said Chris Penrose, senior vice president of emerging devices at AT&T. “Connecting it to the AT&T network keeps customers connected while on the go to what matters most.”


[More from BGR: ‘Apple is done’ and Surface tablet is cool, according to teens]


The IdeaTab A2107 is available now for $ 200 without a two-year agreement or $ 100 on contract.


This article was originally published on BGR.com


Wireless News Headlines – Yahoo! News





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Britney Spears Split with Jason Trawick

After more than three years together, Britney Spears and her fiance Jason Trawick have split, her rep confirmed to People.


RELATED - Britney "Working Hard" on New Music

"Jason and I have decided to call off our engagement," Spears says in the statement. "I'll always adore him and we will remain great friends." Trawick adds, "As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever."

Spears, who got engaged to Trawick on his 40th birthday in December of 2011, previously said of her now-ex, "We're really normal. We just like to watch movies. We work out a lot. We love to work out. We do stuff together like that. We take walks."


VIDEO - More Shocking Celebrity Splits

Today has been a big day for sad Spears news as it was previously announced she wouldn't be returning for another season of The X Factor.

"I've made the very difficult decision not to return for another season," Spears told ETonline in a statement. "I had an incredible time doing the show and I love the other judges and I am so proud of my teens but it's time for me to get back in the studio."

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Lance Armstrong to admit doping in Oprah interview: report








AUSTIN, Texas — Lance Armstrong plans to admit to doping throughout his career during an upcoming interview with Oprah Winfrey, it was reported late Friday.

The interview, scheduled to be taped Monday and broadcast Thursday night on the Oprah Winfrey Network, will be conducted at Armstrong's home in Austin, Texas.

Citing an anonymous source, USA Today reported that the disgraced cyclist plans to admit using performance-enhancing drugs, but likely will not get into details of the allegations outlined in a 2012 report by the US Anti-Doping Agency that led to Armstrong being stripped of his seven Tour de France titles and banned for life from the sport.





REUTERS



Lance Armstrong





His representatives declined comment late Friday, including attorney Tim Herman, but Armstrong sent a text to the Associated Press early Saturday morning saying: "I told her (Winfrey) to go wherever she wants and I'll answer the questions directly, honestly, candidly. That's all I can say."

It was first reported last week that Armstrong was considering making a confession.

The 41-year-old Armstrong, who vehemently denied doping for years, has not spoken publicly about the USADA report that cast him as the leader of a sophisticated and brazen doping program on his US Postal Service teams that included use of steroids, blood boosters and illegal blood transfusions.

Winfrey's network announced Tuesday that Armstrong agreed to a "no holds barred" interview with her.

A confession to Winfrey would come at a time when some of Armstrong's legal troubles appear to be clearing up.

Any potential perjury charges stemming from his sworn testimony denying doping in a 2005 arbitration fight with a Dallas promotions company over a contract bonus worth $7.5 million have passed the statute of limitations.

Armstrong faces a whistle-blower lawsuit filed by former teammate Floyd Landis accusing him of defrauding the US Postal Service, but the US Department of Justice has yet to announce if it will join the case. The British newspaper The Sunday Times is suing Armstrong to recover about $500,000 it paid him to settle a libel lawsuit.

Armstrong lost most of his personal sponsorship — worth tens of millions of dollars — after USADA issued its report and he left the board of the Livestrong cancer-fighting charity he founded in 1997. He is still said to be worth an estimated $100 million.

Livestrong might be one reason to issue an apology or make a confession. The charity supports cancer patients and still faces an image problem because of its association with its famous founder.

It was reported that Armstrong may make a confession in an attempt to return to competition in elite triathlon or running events, but World Anti-Doping Code rules state his lifetime ban cannot be reduced to less than eight years. WADA and U.S. Anti-Doping officials could agree to reduce the ban further depending on what new information Armstrong provides and his level of cooperation.

Armstrong met with USADA officials recently to explore a "pathway to redemption," according to a report by "60 Minutes Sports" aired Wednesday on Showtime.










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What the week’s big mortgage moves mean for consumers




















This week brought three big developments to the nation’s beleaguered mortgage landscape. For consumers, the complex moves have been mostly mystifying, but experts say they all aim at turning the page.

“There is a strong desire to put behind us all this period of time — the aftermath of the darkest period in American finance. All these things [announced this week] are intended to do that,” said John Taylor, president and CEO of the National Community Reinvestment Coalition, a Washington, D.C.-based community advocacy group. “There are good and bad things in it for consumers.’’

A new rule issued Thursday by the Consumer Financial Protection Bureau aims to prevent lenders from making the sort of toxic mortgages that forced many unsuspecting borrowers into ruin. Yet the new “qualified mortgage” rule, according to some lenders, also could perpetuate the nation’s tight credit problem and keep many would-be homebuyers on the sidelines.





Meanwhile, two settlements unveiled Monday with big banks should resolve some lingering issues from the mortgage meltdown that have kept banks focused on past errors instead of getting back to the business of lending.

Here is a quick primer on the week’s developments and some likely implications for consumers.

OCC Settlement

The Office of the Comptroller of the Currency, which regulates nationally chartered banks, Monday unveiled an $8.5 billion settlement with 10 giant banks that service mortgages.

As part of the controversial settlement, the OCC is scrapping its Independent Foreclosure Review, which was aimed at identifying victims of robo-signing and other improper foreclosure tactics by banks, but soon proved to be a badly flawed effort.

Instead, under the OCC’s new approach — which will be spelled out in enforcement actions in a couple of weeks — more than 3.8 million borrowers who faced foreclosure between Jan. 1, 2009 and Dec. 31, 2010 stand to get some payment regardless of whether they actually suffered any harm.

The mortgage servicing banks covered are Bank of America, Wells Fargo, Citibank, JPMorgan Chase, SunTrust, PNC, Sovereign, U.S. Bank, MetLife Bank and Aurora.

The agreement provides for $3.3 billion to go directly to borrowers. Another $5.2 billion is earmarked for loan modifications and the forgiveness of deficiency judgments.

The OCC said the amount that eligible borrowers get will range from a few hundred dollars up to $125,000, depending on the type of error that possibly occurred in their mortgage servicing.

“If a borrower went through foreclosure with one of those 10 lenders, they should receive a couple hundred bucks, whether they deserve it or not,” said Guy Cecala, publisher and CEO of Inside Mortgage Finance Publications in Bethesda, Md., which tracks news and statistics in the residential mortgage industry. “The odds of getting $125,000 is the odds of winning the lottery. It would have to be a false foreclosure or where they were thrown out of their house illegally.”

The OCC will look to 13 broad categories of errors outlined in the Independent Foreclosure Review launched in April 2011.

Those include a litany of bumblings and misdeeds by the mortgage servicers, ranging from foreclosing on a homeowner who was following the rules during a trial period of a loan modification, to failing to offer a loan modification as mandated under a government program, to failing to follow up with a borrower to obtain needed documents under a government program.





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Miami Gardens City Hall’s new address: Obama Boulevard




















Miami Gardens will have a street named after President Barack Obama, after all.

An earlier attempt last month was rejected by the council because the proposed location on Northwest Second Avenue was deemed not worthy enough.

The street that was deemed acceptable for “President Barack and Michelle Obama Boulevard” is Northwest 185 Terrace between 27th and 25th Avenues. It is also the site of the new City Hall that is scheduled to open later this year.





The street renaming passed unanimously at Wednesday’s council meeting.

While city officials admit the two city blocks that will be named after the president and his wife are currently in need of improvement, they say once construction is completed residents — and the president — would be proud.

According to City Manager Danny Crew, the city is spending $1.5 million in renovations and upgrades on President Barack and Michelle Obama Boulevard.

“We’re going to make sure it looks good out there,” said Vice-Mayor Lisa Davis.

The renaming comes before President Obama’s inauguration on Jan. 21.

Once City Hall is built, residents who send letters in the mail to the council or other city officials will address the envelope to President Barack and Michelle Obama Boulevard.

The council will also consider at a later date if it wants to rename a portion of Northwest 199th Street after Marcus Garvey, pan-African activist and Jamaican political leader.





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BlackBerry Z10 shown off in leaked marketing materials









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Worn Out? Stars Step Out in Same Style



Lena Dunham vs. Gwyneth Paltrow







Has Girls star Lena Dunham been taking style notes from Gwyneth Paltrow? Lena looked confident in her black and white Valentino jumpsuit at the show's season two premiere on January 9 in New York City, but Gwyneth was first to sport the form-fitting jumpsuit all the way back in October, when she celebrated her 40th birthday in NYC alongside her besties Beyonce and Cameron Diaz.

Who looks better in the minimalist jumpsuit -- It Girl Lena or birthday girl Gwyneth?








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Wells Fargo reports 25 percent increase in fourth-quarter earnings








Wells Fargo, the country's biggest mortgage lender, reported a 25 percent increase in fourth-quarter earnings Friday. The bank made more loans, set aside less money for potential defaults and enjoyed above-average returns from the investments made by its private equity business.

The San Francisco-based bank was the first major lender to report fourth-quarter earnings. Revenue grew over the year in credit cards, wealth management and other units, and the bank brought in more in service charges and investment fees. Mortgage lending slowed from the third quarter, however.




Revenue rose 7 percent, to $21.9 billion, beating the $21.3 billion expected by analysts polled by FactSet. Wells Fargo earned $4.9 billion before paying dividends on preferred stock. That amounted to 91 cents per share, more than the 87 cents per share analysts were expecting. In the same period a year earlier the bank earned $3.9 billion, or 73 cents per share.

As in the previous quarter, mortgages were the main driver of the bank's results. The bank said it funded $125 billion in mortgages, up from $120 billion in the same period a year ago. However, that was also down from $139 billion in the third quarter, stoking some investors' concerns that the mortgage boom, which Wells Fargo is heavily dependent on, could be slowing.

Chief financial officer Tim Sloan said he was "very pleased" with the bank's performance, but also noted the "challenging" problems of "low interest rates and elevated unemployment." Low interest rates can hurt banks because they get a lower return from lending out money. Well's Fargo's net interest income fell 2 percent from the same period a year ago.

The stock fell 40 cents, about 1 percent, to $35 in pre-market trading.

Also top of mind was Monday's national foreclosure settlement, in which Wells Fargo and nine other banks agreed to spend a combined $8.5 billion to settle the government's accusations that they had wrongfully foreclosed on some struggling borrowers.

Wells Fargo said it would pay $766 million in cash and commit an extra $1.2 billion to "foreclosure prevention actions," such as mortgage modifications, for its part of the settlement. The settlement forced it to take a $644 million charge to fourth-quarter results.

The settlement also eliminates an uncertainty that had been hanging over the bank and means the bank no longer has to go through individual, independent reviews of its foreclosures. The bank said that hiring external consultants and extra staff for the foreclosure reviews had recently been costing it about $125 million a quarter.

CEO John Stumpf said the bank was "very pleased to have put this legacy issue behind us."










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Legal feud over Spanish-language TV leads to federal suit in Miami




















What began as a highly-touted affiliation between a new Spanish-language national television network and a popular independent local station in Miami has dissolved into a legal dispute of David and Goliath proportions.

MundoFox Broadcasting, part of the family of communications giant News Corporation, filed suit in the U.S. District Court Southern District of Florida against the parent company of America Tevé Channel 41-WJAN, America-CV Network, for breaching two agreements forged in May.

The complaint alleges that in South Florida "MundoFox’s initial launch had less exposure, viewership was lower, soliciting advertisers became more difficult and advertising revenue decreased,” because the network was swapped to inferior channel positions by cable providers.





In a statement, America-CV Network, denied the allegations in the complaint and announced that it will defend itself vigorously.

— DANIEL SHOER ROTH





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