httpv://www.youtube.com/watch?v=cXf6_aIGLfo

As the disastrous Gulf spill drags on, someone is going to pay big time.

Attorney General Eric Holder Jr., in an interview with CBS’ Bob Schieffer in Aspen, Col., indicated that the criminal probe may go beyond BP, according to Politico.

“There are a variety of entities and a variety of people who are the subjects of that investigation,” Holder said, according to Politico. “For people to conclude that BP is the focus of this investigation might not be correct.”

Holder declined to say whether BP is the main target. The taping is set to air Sunday.

To read more click here.

By Allan Lengel

At 93, mobster John “Sonny” Franzese — the underboss of the Colombo crime family — had a hard time staying awake during his racketeering trial in federal court in Brooklyn, the Associated Press reported.

To boot, he had to sit there while his own son — a former mobster turned government informant —  testified against him in a case in which he was charged with shaking down New York strip clubs and a pizzeria.

On Wednesday, a jury convicted the one-time acquaintance of Mr. Blues himself, Frank Sinatra.

AP reported that on the first day that his son John Franzese Jr., a former Colombo associate, testified against him, he dozed off briefly.

To read more click here.

By Allan Lengel

WASHINGTON — FBI agents are supposed to unearth scams, not become victims of them. This time is different.

Up to 300 or so retired and current federal agents from the FBI and Drug Enforcement Administration and Immigration and Customs Enforcement (ICE), invested collectively tens of millions of dollars of retirement money in what has turned out to be a Ponzi scheme run by a Florida man who just committed suicide. The FBI and the Security Exchange Commission are investigating and trying recover funds.

“There’s definitely ones who have lost their life savings,” Ft. Lauderdale Attorney Michael Goldberg, who is representing victims, told AOL News.

The reaction of the agents? “Pretty much what you expect,” he said. “Shock and anger.”

Behind it all is a suspected con artist, a self-described retirement investment adviser Kenneth Wayne McLeod, 48, who for years became a trusted adviser to federal agents around the country, offering free financial projections for retirement and offering, in some cases, high-yield returns of 8 to 10 percent on certain investments, according to an SEC filing in the case.

To read full story click here.