One of the largest counterfeit currency rings in Southern California has been broken up after a three-month investigation leading federal agents to arrest five people. One of the caught suspects is a 35-year-old Sherman Oaks man, "who who allegedly cut the counterfeit bills and glued them together," according to the Daily News. The ring allegedly made and distributed between $5 and $6 million in twenty and hundred fake bills. ABC7 on-air news said the operation's......

Photo by Peggy Archer via the LAist Featured Photos pool on Flickr 60-year-old Kazuyoshi Miura "was arrested Friday while visiting Saipan, a U.S. commonwealth territory in the Pacific" for the murder of his wife, which took place in Los Angeles in 1981. Miura is awaiting extradition. The LA Times takes a look at two major Downtown projects that remain delayed, Park Fifth and Grand Avenue. Financing woes and pushed back start dates have led......

The U.S. Chamber of Commerce is pissed about the "hundreds of billions" of dollars swallowed by piracy and counterfeiting and it has taken the outrage to our fair City of Angels ("...and Demons," as the press release says). The Chamber has released results of a Gallup survey, coinciding with this week's Counterfeiting and Piracy Awareness shenanigans claiming that one-quarter of all Angelenos are admitted pirates. But we're certain that percentage is far greater. In fact,......