Huwebes, Hunyo 16, 2011

TV pitchman accused of bilking 220,000 out of $52M

PHOENIX – A grand jury has indicted a Phoenix-based TV pitchman accused of running a nationwide scheme to sell essentially worthless Internet-based businesses to more than 200,000 people.
Federal prosecutors say Donald Lapre is charged with 41 counts of conspiracy, mail fraud, wire fraud and promotional money laundering. He's accused of overseeing and promoting the opportunity through his company called "The Greatest Vitamin in the World."
During the course of the scheme, the government says at least 220,000 victims were defrauded of nearly $52 million.
Lapre was often seen on television giving his hard-luck life story and how he was able to turn his life around. He refers to himself on his website as "The King of Infomercials."
Lapre has not responded to an email seeking comment.

Black hole shreds star, sparking gamma ray flash

WASHINGTON (Reuters) – A monster black hole shredded a Sun-like star, producing a strangely long-lasting flash of gamma rays that probably won't be seen again in a million years, astronomers reported on Thursday.
That is definitely not the norm for gamma ray bursts, energetic blasts that typically flare up and end in a matter of seconds or milliseconds, often the sign of the death throes of a collapsing star.
"This is truly different from any explosive event we have seen before," said Joshua Bloom of the University of California-Berkeley, a co-author of research on the blast published in the journal Science.
Initially spied on March 28 by NASA's Swift spacecraft, which is trolling the universe for gamma ray bursts, this particular flash has lasted more than two months and is still going on, Bloom said in a telephone interview.
What makes this even stranger is that the black hole, located in the constellation Draco (The Dragon) about 4 billion light years, or 24 trillion miles (38.62 trillion km) from Earth, was sitting quietly, not eating much, when a star about the mass of our Sun moved into range.
"We have this otherwise dormant black hole, not gobbling up an appreciable amount of mass, and along comes this star which just happens to be on some orbit which puts it close to the black hole," Bloom said.
FEEDING FRENZY
"This was a black hole which was otherwise quiescent and it sort of has an impulsive feeding frenzy on this one star," he said.
Bloom figures this may happen once per black hole per million years.
This kind of behavior is different from what active black holes generally do, which is to suck in everything their vast gravity can pull in, even light. Most galaxies, including our Milky Way, are thought to harbor black holes in their hearts.
Black holes are invisible, but astronomers can infer their existence because the material they pull in lights up before it gets sucked in.
In this case, though, the black hole feasted on one star -- about the same mass as our Sun -- with such relish that it tore the star apart before gulping it down. As it did so, the black hole emitted powerful gamma ray jets from its center as bits of the dying star were turned into energy.
The black hole's gravitational pull was so great that it exerted what's called a tidal disruption on the passing star.
Astronomers could use this observation to help them learn more about how black holes grow, Bloom said.
"We still don't understand how black holes and the universe grow," he said. "We think most black holes start off as being no more than the mass of our Sun ... How they go from 10 solar masses to a billion solar masses is critical."
There is a strong connection between the mass of black holes and the mass of the galaxies that host them, with black holes feeding on gas and stars that come near.

Mitt Romney to voters: ‘I’m also unemployed’

It's a line that's sure to come back to haunt Mitt Romney.
At a campaign event in Florida today, the 2012 Republican frontrunner met with a group of unemployed workers who talked about their challenges looking for jobs in the struggling economy.
After they concluded, the former Massachusetts governor suggested he should tell his own "story," according to the New York Times' Jeff Zeleny.
"I'm also unemployed," Romney replied, with a smile.
The comment was clearly meant to hint jokingly at Romney's bid for the presidency, but it was also an odd statement coming from a candidate whose financial situation is so far removed from his audience's. A former head of Bain Capital, Romney is said to be worth at least $200 million--wealth that has enabled him to concentrate on running for president full time for the better part of the last five years.
But Romney's audience was in on the joke. According to Zeleny, the group "chuckled" along with Romney, with one man asking, "Are you on LinkedIn?"
The former governor replied, "I'm networking. I have my sight on a particular job."