Friday, May 24 2013 9:24 PM EDT2013-05-25 01:24:18 GMT
Concealed weapon permits are popular certain parts of Louisiana, though some of locations may surprise you. Louisiana Department of Public Safety officials gave a report to state legislators detailingMore >>
Concealed weapon permits are popular in certain parts of Louisiana, though some locations may surprise you.More >>
Police have identified a suspect in the murder of Joseph Massenburg, an 18-year-old AmeriCorps volunteer from Chicago, killed in Carrollton. New Orleans police have obtained an arrest warrant for GlenMore >>
Police have identified a suspect in the murder of Joseph Massenburg, an 18-year-old AmeriCorps volunteer from Chicago, killed in Carrollton.More >>
Friday, May 24 2013 11:45 PM EDT2013-05-25 03:45:03 GMT
Officers are on the scene of a deadly shooting in East Feliciana Parish. There is very little information right now, but we're told it happened around 4 p.m. at a home on Highway 10, near Smith Road, justMore >>
Investigators have arrested a suspect in a murder that happened on Friday afternoon in a small community near Clinton.More >>
Organizers of the Bayou Country Superfest have released the schedule of performers for this weekend's event at Tiger Stadium.Saturday5:00 p.m. - Aaron Lewis5:45 p.m. - Thompson Square6:45 p.m. - DariusMore >>
Organizers of the Bayou Country Superfest have released the schedule of performers for this weekend's event at Tiger Stadium.More >>
BATON ROUGE, LA (WAFB) - The Stanford Group, an investment company that moved into Baton Rouge in the late 90s and scooped up lots of investors, is being charged with "massive fraud."
From doctors and lawyers to Exxon retirees, plenty of people in Metro Baton Rouge have money invested with Stanford.
The Securities and Exchange Commission accuses Stanford's owner of selling $8 billion worth of certificates of deposit and promising returns that the SEC calls "improbable and unsubstantiated."
Besides offices in downtown Baton Rouge, Stanford has offices across the southeast. Federal agents searched Stanford's Houston offices Tuesday morning.
The SEC says it's too soon to know if investors will lose money. "We have some concerns that there could be funds lost," said SEC spokeswoman Julie Preuitt. "It may be a somewhat timely process to make that determination."
A federal judge has frozen Stanford's assets as a way of trying to protect investors. So far, there's been no comment from Stanford.
The SEC says it will have a website up and running by Wednesday to answer many of the questions of Stanford investors.