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A man accused of running a multi-million dollar investment fraud scheme appeared in court for his preliminary hearing Monday.Jacob Cooper was the CEO of Total Wealth Management in San Diego. Prosecutors allege Cooper received a referral fee for placing clients’ money in certain funds. In many instances, Zipp said he received greater compensation through the referral fee than through his clients’ fees, creating a “blatant conflict of interest.”“He mainly was interested in whether a particular fund would enrich him, not whether it would enrich his paying client,” said Deputy District Attorney Rebecca Zipp.Zipp said Cooper had “no regard to investor goals or suitability for the investor.”Several clients testified in court Monday morning. Loren Engel said he and his wife both invested with TWM. He said they lost approximately 5,000. Engel was not aware Cooper and TWM were receiving what many victims described as kickbacks.“The risk of being defrauded is not a reasonable risk to assume,” Engel said, when the defense asked if he understood investments have risks.Many clients first learned about TWM through Cooper’s weekly radio show. Cooper also regularly appeared on local media.George Rasor called TWM after hearing Cooper on the radio. He testified that he invested more than 0,000. His son Jeffrey Rasor saw red flags when trying to get information about his father’s investments.“Questions not answered, not acceptably answered,” Jeffrey Rasor said when recalling TWM’s response after meeting with the company a few years ago. “Too much vagueness and a real concern that my father’s investments were in jeopardy.Cooper faces 19 felony counts, including conspiracy to commit a crime, elder theft, and making false statements in connect with sale of a security. Zipp said he could face a maximum of 23 years in prison if he is convicted. Cooper also faced several civil lawsuits and an investigation by the Securities and Exchange Commission.Cooper’s defense attorney, John Kirby, denies his client did anything wrong.“He did not have the intent to enrich himself above the interest of his clients,” Kirby said. Kirby said there were a number of funds where he received revenue sharing, but any conflict of interest was set out in documents.“Mr. Cooper had no intent to cheat or steal from anyone,” Kirby said. “He made bad investment decisions.”Kirby said Cooper and his family also lost money through the same investment funds. The preliminary hearing is expected to last several days. Two others connected with TWM already reached a plea deal. Doug Shoemaker and Nathan McNamee are scheduled to be sentenced later this week. 2656
A consumer advocacy group is warning parents of what it calls "dangerously high" levels of a chemical called boron in popular slime toys marketed to children -- although an expert disputed the findings and said the warning is overblown.The warning was contained in the annual report by the?US Public Interest Research Group Education Fund. The "Trouble in Toyland" safety survey was published Tuesday ahead of the major holiday shopping season.The group noted "toys are safer than ever before," but that more work needs to be done to make them safer. PIRG's report highlighted the potential hazards of slime, toys with possible choking hazards and ones that could violate children's privacy by sharing data."With hundreds of new toys hitting the market every year, our survey of only 40 toys suggests there may be other potentially dangerous toys slipping through existing protections or worthy of further investigation," the group said.The group singled out six popular slime products for what it described as containing "dangerously high boron content." Boron is a nonmetallic element, and compounds of it, such as borax, have been used in products for decades, ranging from detergents to roach poison. The US PIRG Education Fund said it found that "significant concentrations of boron, as high as 4,700 parts per million (ppm) in popular slime toys.""Young kids are known to put everything in their mouths and when it comes to slime that could have serious consequences," said Adam Garber, the lead author of the report. "These high levels of boron can cause nausea, vomiting and long term reproductive health issues. Parents should closely monitor their kids when playing with this toy and call poison control if any is eaten."Garber added, "We should protect children by ensuring every package has appropriate labels moving forward and determine health-based standards to ensure children don't end up in the emergency room from their holiday gift."The United States does not have established standards on limits for boron in products. The Centers for Disease Control and Prevention says exposure to large amounts of boron -- about 30 grams of boric acid -- "over short periods of time can affect the stomach, intestines, liver, kidney, and brain and can eventually lead to death." Fatal doses for children are estimated to be 5 to 6 grams, according to the?Environmental Protection Agency.PIRG noted the European Union has a limit of 300 ppm for boron and that there should be a "full-fledged investigation to determine if limits should be established" in the US. "Policymakers should continue to evaluate new threats, such as boron, and ensure the Consumer Product Safety Commission has the funding and authority to protect the public," the report said.However, Rick Sachleben, a member of the American Chemical Society who has experience with boron, said it's important to distinguish the fact that "all forms of boron are not equally toxic." He said sodium borate, the known component used in slime, has "very low toxicity.""You'd almost have to do something beyond reason to make it toxic," he said, adding that a child would need to eat "multiple containers" before it reached toxic levels."The health risks are relatively low and can be controlled by telling your kid: 'If you eat the slime, I'm not going to buy you any more," Sachleben said.Sachleben wasn't the only one to take issue with the PIRG report.Wonder Workshop CEO Vikas Gupta told CNN that information about his company's product in the report was categorically false. The PIRG report, citing an investigation by the Mozilla Foundation, said Wonder Workshop's Dash robot "shares your information with third parties.""That is absolutely incorrect," Gupta said. "We don't collect any personal identifiable information from children, and we do not share any information from the apps or the software or robots to any third-party ever. None of that happens."Amazon, which had its Amazon Fire HD Kids Edition cited for its possible sharing of data, said the product is in full compliance with the Children's Online Privacy Protection Act. "We do not share children's data with third parties," Amazon said in a written statement.The report also said another popular toy -- the Hatchimals Fabula Forest; Hatching Egg with Interactive Tigrette -- had "no choking hazard label" in its listing on Walmart.com, although the photograph of the product has a choking warning on the front of the box.Garber said that wasn't good enough, that the "law requires online sites to provide warning labels directly on the site, not just on pictures or on the packaging, so parents are warned prior to purchase."According to PIRG, the Consumer Product Safety Commission has recalled more than 40 children's products in the last year, totaling more than 2.7 million units.Balloons cause more choking deaths among children than any other toy, according to the PIRG report. The group found three balloon packages that are either marketed to young children or are not labeled properly with choking hazard warnings.The six slime products mentioned in the report were:-- Kangaroos Original Super Cool Slime, which was found to contain "4700 ppm boron concentration. The EU limit is 300 ppm."-- Kidsco Glow in The Dark Slime with "4600 ppm boron concentration."-- Toysmith Jupiter Juice Slime with "1900 ppm boron concentration."-- iBaseToy Fluffy Slime with "1500 ppm boron concentration."-- Haniex Soft Magic Crystal Slime with "1400 ppm boron concentration."-- Meland Fluffy Slime with "1100 ppm boron concentration."Garber said 5 grams of boron could prove fatal for a child, although "health impacts with boron appear at much lower levels" than that. He acknowledged "you'd likely have to ingest multiple containers to reach the fatal level" of boron, but he doesn't believe that should be the standard. 5896

A drug used to euthanize animals has been found in canned dog food, prompting a recall.Low levels of the drug pentobarbital were detected in cans of Gravy Train dog food produced by the J.M. Smucker Company, the FDA said in a statement Friday. Pentobarbital is most commonly used as a sedative, anesthetic or to euthanize animals, it said."Pets that eat pet food containing pentobarbital can experience drowsiness, dizziness, excitement, loss of balance, nausea, nystagmus (eyes moving back and forth in a jerky manner) and inability to stand. Consuming high levels of pentobarbital can cause coma and death," it said.The FDA said its preliminary evaluation of the testing results of Gravy Train samples indicated the low levels found were unlikely to pose a health risk to pets."However, any detection of pentobarbital in pet food is a violation of the Federal Food, Drug, and Cosmetic Act—simply put, pentobarbital should not be in pet food," it said. 'Single supplier' 984
A father and son are accused of slaughtering a female black bear and her two cubs as they rested in their den in April.Andrew Renner, 41, and Owen Renner, 18, of Palmer, Alaska face several felony and misdemeanor charges related to illegal hunting. It is against the law to shoot a black bear with cubs in Alaska.Alaska Wildlife Troopers, which announced the charges on Monday, said the act was caught on a motion-activated camera set up inside the den to monitor the bears as part of a study being conducted by the US Forest Service and the Alaska Department of Fish and Game. The camera produced both video and audio of the encounter."In this case numerous crimes, including felonies, are believed to have been committed," trooper Col. Steve Smith said. Smith said the truck and boat used to transport the Renners to and from the bears' den have been seized.The father and son were out skiing together on April 14 when they approached the inhabited den, troopers said in a statement.The video captures Owen Renner firing two rounds at the adult bear inside her den, the troopers said. Andrew Renner then killed the "shrieking" newborn cubs and discarded their bodies outside the den, the statement said.Court documents obtained by CNN affiliate KTVA say that Andrew Renner is captured on video saying: "It doesn't matter. Bear down."The men also removed the adult bear's tracking collar."They'll never be able to link it to us," Owen Renner said, according to the court documents.Two days later, the men were captured on video returning to the den to pick up shells casings and dispose of the bear cubs, troopers said.Two weeks later, on April 30, Andrew Renner brought the adult bear's skin and tracking collar to officials at the Alaska Department of Fish and Game, saying that he realized after shooting it that it was a nursing bear and had not seen any cubs.The men have been charged with unlawfully taking a female bear with cubs, unlawfully taking a bear cub and possessing and transporting illegally taken game. The elder Renner also was charged with tampering with physical evidence and contributing to the delinquency of a minor. 2149
A drug used to euthanize animals has been found in canned dog food, prompting a recall.Low levels of the drug pentobarbital were detected in cans of Gravy Train dog food produced by the J.M. Smucker Company, the FDA said in a statement Friday. Pentobarbital is most commonly used as a sedative, anesthetic or to euthanize animals, it said."Pets that eat pet food containing pentobarbital can experience drowsiness, dizziness, excitement, loss of balance, nausea, nystagmus (eyes moving back and forth in a jerky manner) and inability to stand. Consuming high levels of pentobarbital can cause coma and death," it said.The FDA said its preliminary evaluation of the testing results of Gravy Train samples indicated the low levels found were unlikely to pose a health risk to pets."However, any detection of pentobarbital in pet food is a violation of the Federal Food, Drug, and Cosmetic Act—simply put, pentobarbital should not be in pet food," it said. 'Single supplier' 984
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