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A former San Francisco venture capitalist was convicted by a federal jury Thursday of various charges for defrauding investors over $18 million in investments, federal prosecutors said.
Lezla Gooden reports on low-income residents in the East Bay having their state benefits stolen from their accounts (11-6-2023)
Since July 2021, California has paid out more than $86 million in reimbursements for state benefits stolen from low-income residents receiving EBT cards.
A doctor in Oakland is facing up to 30 years in prison after being found guilty of accepting kickbacks for patient referrals, health care fraud, and false statements relating to health care, federal prosecutors said.
In a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the "pyramid of deceit" that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
A prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.
FTX founder Sam Bankman-Fried testified at his New York trial on Friday, denying that he defrauded anyone but acknowledging that the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead.
New York Attorney General Letitia James intends to call Trump and his children to testify beginning this week.
A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial.
Former Trump attorney Michael Cohen testified that his ex-boss personally authorized the fraudulent inflation of his net worth and property valuations.
Marin County Superior Court judge has denied a Novato woman's request to have her 2022 fraud-related convictions reduced from felonies to misdemeanors, the Marin County District Attorney's Office said.
A president of a Silicon Valley firm has been sentenced to federal prison after being convicted in a multi-million dollar scheme that involved fraudulent COVID-19 and allergy tests.
A Richmond man convicted of dozens of felony charges related to a fraudulent business scheme was sentenced to 17 years in prison Wednesday.
In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
That figure is only a fraction of the actual harm, as most cases of fraud go unreported, according to FTC scam data analysis.
Former President Donald Trump, sons Donald Trump Jr. and Eric Trump, and the Trump Organization were dealt severe penalties in a civil case alleging widespread fraud.
An Alameda man has pleaded guilty to federal fraud charges related to cheating investors, the U.S. Department of Justice said Tuesday.
Democratic U.S. Sen. Bob Menendez of New Jersey has been indicted, accused of using his foreign affairs influence to help Egypt in return for bribes from the authoritarian regime.
A Vallejo woman faces charges alleging that she embezzled more than $250,000 from a nonprofit that was providing assistance to students in San Francisco, according to a joint announcement from federal authorities.
A federal grand jury in San Francisco has indicted a business owner for defrauding investors and a bank to the tune of over $9 million, the U.S. Department of Justice said Monday.
San Mateo-based software company Fujisoft Inc. will pay over $1 million for lying to receive a pandemic-related federal relief loan intended for small businesses.
An Irvine man pleaded guilty to participating in a multi-million-dollar kickback scheme targeting San Francisco-based Williams Sonoma, according to an announcement Tuesday from the U.S. Attorney's Office and the IRS.
Attorneys for convicted Theranos founder and CEO Elizabeth Holmes filed a motion Wednesday asking a federal judge to set May 30 as the date on which she will have to surrender to federal prison authorities.
Hours after Elizabeth Holmes was denied her latest bid to stay out of prison during an appeal, the convicted Theranos founder and CEO was ordered to pay $452 million in restitution to the victims of her crimes.
More than 100 victims were affected in an East Bay man's $39 million scheme and, according to federal prosecutors, many of them are from San Francisco's Chinatown. Betty Yu reports. (5-5-23)
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
Following a Christmas Day reprieve from a parade of storms, rain moves back into the Bay Area starting late Christmas night and into the weekend, forecasters said.
A dead body was found at a campground Tuesday morning in Sonoma County, according to authorities.
A massive Russian missile and drone barrage on Ukraine's energy infrastructure on Christmas morning was "inhumane," Ukrainian President Zelenskyy said.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
Following a Christmas Day reprieve from a parade of storms, rain moves back into the Bay Area starting late Christmas night and into the weekend, forecasters said.
A dead body was found at a campground Tuesday morning in Sonoma County, according to authorities.
For the Golden State Warriors Dance Team, every step is a gift, and this Christmas, they're wrapping up something special for fans.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
For the Golden State Warriors Dance Team, every step is a gift, and this Christmas, they're wrapping up something special for fans.
On the streets of San Francisco, one street performer captivates tourists with his blend of music and performance art.
Westbound lanes of state Highway 92 in San Mateo on Tuesday morning after a fallen tree shut down a portion of the freeway, according to the California Highway Patrol.
It's a winter wonderland at The Veranda in Concord as families spend Christmas Eve on the ice skating rink and on some last-minute shopping.
Police said the group also targeted a Gamestop, which is where officers made contact with the suspects.
A big rig overturned and shut down a connector ramp of westbound Interstate Highway 80 in Oakland early Tuesday morning, according to the California Highway Patrol.
A rolling gun battle between two vehicles in Pleasant Hill Monday led to at least one person being hospitalized, authorities said.
A vehicle fire inside the Caldecott Tunnel blocked all eastbound lanes of Highway 24 in Orinda Monday morning, the California Highway Patrol said.
One person died on a Santa Cruz County beach and two went missing in Monterey County Monday after large waves battered the Northern California coastline amid a high surf warning.
A part of the Santa Cruz Wharf collapsed Monday afternoon during a high-surf warning, with authorities confirming two people had to be pulled from the water.
A woman was critically injured in a stabbing in a San Jose neighborhood Monday and a suspect was arrested in the attack, authorities said.
San Jose police said three people were arrested in connection to organized retail theft on Saturday.
A suspect is in custody after an Amber Alert was issued for two children authorities say were abducted in King City.
A dead body was found at a campground Tuesday morning in Sonoma County, according to authorities.
The manager of a Santa Rosa restaurant was arrested after a patron discovered a cellphone in an air vent of the bathroom, police said Tuesday.
Vallejo police arrested one of multiple burglary suspects who allegedly rammed a vehicle through a store's front entrance last week.
One person died on a Santa Cruz County beach and two went missing in Monterey County Monday after large waves battered the Northern California coastline amid a high surf warning.
The Napa Salvation Army struck gold on Saturday, discovering a rare gold coin worth thousands of dollars in one of its red kettles.
Myles Turner made a 3-pointer from the top of the arc with 16 seconds left and had 23 points and 10 rebounds, Pascal Siakam added 20 points and the Indiana Pacers beat the Golden State Warriors 111-105 on Monday night for their fifth straight win.
On the day the San Francisco 49ers were eliminated from playoff contention, they delivered a performance that summed up their disappointing season.
The Miami Dolphins kept their playoff chances alive by beating the San Francisco 49ers 29-17 on Sunday.
The defending NFC champion San Francisco 49ers were eliminated from the playoffs before their game at Miami began on Sunday because of victories by Washington and the Los Angeles Rams.
Steph Curry scored 11 straight points in the fourth quarter and 31 for the night as the Golden State Warriors beat the Minnesota Timberwolves 113-103.
Officers of the San Mateo Police Department arrested a man on Tuesday for allegedly resisting arrest and threatening an officer after he was suspected of shoplifting from a Safeway store in San Mateo, the department said.
The San Francisco Police Department is investigating a fatal shooting that occurred in the city's Bayview neighborhood on Monday.
Police said the group also targeted a Gamestop, which is where officers made contact with the suspects.
The manager of a Santa Rosa restaurant was arrested after a patron discovered a cellphone in an air vent of the bathroom, police said Tuesday.
Vallejo police arrested one of multiple burglary suspects who allegedly rammed a vehicle through a store's front entrance last week.
In the face of wide speculation about how artificial intelligence will impact workers in the Bay Area and beyond, a series of billboards plays on those concerns, advertising what appears to be a nightmare scenario where people are entirely replaced by computers.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Members of Cash App founder Bob Lee's family had sharp criticism Tuesday for those close to Nima Momeni, who was convicted of second-degree murder in Lee's 2023 stabbing death in San Francisco.
Nima Momeni has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee, a verdict reached by a San Francisco jury after seven days of deliberations.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
California Gov. Gavin Newsom issued an emergency proclamation on Wednesday in response to growing concerns over bird flu cases in the state and across the country.
Researchers at Stanford University believe a newly developed AI tool could help in the fight against cancer and other diseases.
Striking San Francisco hotel workers are attempting to discourage people from attending a major healthcare conference in January.
At least 364 pertussis cases were reported, marking the worst Thanksgiving week on record.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
Former President Bill Clinton was released from a hospital in Washington. D.C., on Christmas Eve, following an overnight stay for treatment of a fever and flu.
President Biden vetoed an effort to add 66 federal district judgeships, saying "hurried action" by the House left important questions unanswered.
Former President Bill Clinton remains in "good spirits," a spokesman said.
President Biden left in place the capital punishment sentences of just three federal inmates: Robert Bowers, Dzhokar Tsarnaev and Dylann Roof.
Police in Santa Cruz have arrested a man on suspicion of a hate crime after a LGBTQ+ bar in the city's downtown was vandalized early Tuesday morning.
The building located off Folsom Street will include 42 units for young adults ages 18 to 24.
San Jose State's volleyball team was the subject of a national debate about women in sports.
A look at key dates before and during the San Jose State women's volleyball season marked by multiple forfeits by teams claiming the Spartans have a transgender player.
San Jose State says it's disappointed that Boise State forfeited its semifinal match in the Mountain West women's volleyball tournament but is focused on the future.
Veteran East Bay R&B band Tower of Power plays classic funk and soul hits along with some seasonal holiday standards to the Fox Theater in Oakland Saturday night.
Surviving members of the Grateful Dead, Bobby Weir, Bill Kreutzmann, and Mickey Hart, revisit the Great American Music Hall in San Francisco.
One spectacular holiday light display in the East Bay takes its central inspiration not from Santa or Christmas elves, but canines.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
Comedian Nikki Glaser, known for her honest style, is gearing up to host the 82nd Annual Golden Globes.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
This Christmas, St. Anthony's Foundation in San Francisco continues its nearly 75-year legacy of service and compassion, bringing hope and community to the city’s most vulnerable by serving a festive meal to anyone who wants one. Veronica Macias reports.
Wednesday noon news update from KPIX
Meteorologist Jessica Burch shows how much rain is headed to the Bay Area after a Christmas Day lull in the storms.
This Christmas, St. Anthony's Foundation in San Francisco continues its nearly 75-year legacy of service and compassion, bringing hope and community to the city’s most vulnerable by serving a festive meal to anyone who wants one. Veronica Macias reports.
Meteorologist Jessica Burch says Christmas Day will be dry but the rest of the week looks to be pretty wet.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.