By Terry Miller One of Arcadia’s largest financial scandals in 2015 involved crypto currency and a host of well-known public officials, including a former Arcadia mayor, for involvement in a Ponzi scheme that ultimately shut down the operations of the Arcadia business known as U.S. Fine Investment Arts, Inc. (USFIA). The business was raided by…
10 People in L.A. County Test Positive for COVID-19 Every Minute
Every minute, on average, 10 people in L.A. County test positive for COVID -19, and these 15,000 individuals who test positive each day were capable of infecting others for two days before they had any symptoms or knew they were positive, the Los Angeles County Department of Public Health said Monday. At least 10-12% of people…
A Look at Governor Newsom’s 2021-22 State Budget Proposal
Governor Gavin Newsom on Friday submitted his 2021-22 State Budget proposal to the Legislature — a $227.2 billion spending plan with a $15 billion surplus. Last summer, state leaders feared a $54.3 billion shortfall because of a pandemic-induced recession. Estimates, however, could not foresee a surging stock market that bolstered the wealthiest residents of the…