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A man inspects the Apple New iPad (L) next to an iPad 2 at an electronics store in Mumbai April 27, 2012. REUTERS/Vivek Prakash

How the iPad saved Greece billions

When Greece faced a tense, massive debt restructuring earlier this year, an entrepreneur used iPads to connect 100,000 bondholders, saving billions.   Read more at Counterparties  

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An injured protester holds his head during clashes between the local people and protesters during the second day of the three-day long general strike called by the Nepal Federation of Indigenous Nationalities (NEFIN) in Kathmandu May 21, 2012. The general strike was called to demand the names and territory of the 11 federal states and to guarantee the rights of indigenous nationalities in the new constitution, according to local media. REUTERS/Navesh Chitrakar (NEPAL - Tags: POLITICS CIVIL UNREST)

Reuters Photojournalism

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Olympic torch relay

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SpaceX lifts off

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Two charged with stealing from New York mayor

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NEW YORK | Tue Oct 2, 2007 5:54pm EDT

NEW YORK (Reuters) - In apparently unrelated cases, two New Jersey men have been charged with stealing from the bank accounts of billionaire New York City Mayor Michael Bloomberg, prosecutors said on Tuesday.

Odalis Bostic, 23, was charged with depositing two fraudulent checks totaling $420,000, drawn in the name of Bloomberg's financial manager, Geller & Co, with the mayor's personal account information appearing on both checks.

Separately, investigators said a probe turned up an apparently unrelated fraud. In May, Charles Nelson, 31, transferred $10,000 from Bloomberg's account to an account he had set up, prosecutors said.

The Manhattan District Attorney's office has not uncovered any evidence that either man was aware of the other, spokeswoman Barbara Thompson said.

Bostic was arrested in New Jersey in August and was arraigned in New York State Supreme Court on Tuesday. He is charged with attempted grand larceny. Nelson has been charged with grand larceny and identity theft.

Calls to Geller & Co were not immediately returned.

If convicted, both men face up to seven years in prison.
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