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...ROEBUCK & CO. HAS BILLED ITSELF THE place "where America shops." Last week the giant retailer's $3 billion automobile-repair division was branded a place where Americans are being systematically robbed. After an 18-month investigation, the California department of consumer affairs charged that nearly half of Sears' 72 auto-service centers in the state routinely overcharge customers an average $223 for repairs, and that Sears mechanics also billed undercover agents for work that was never done. Spurred by a 50% increase in consumer complaints against Sears auto shops over the past three years, say California officials, they began...
Among the luminaries charged were Martin Revson, co-founder of the Revlon cosmetics empire, and Edward Downe Jr., a former director of the investment bank Bear Stearns and husband of auto heiress Charlotte Ford. The SEC claims Downe used his position at the Wall Street firm to cull confidential information on companies and then used it to earn profits of $3.3 million in stock trades. Revson allegedly netted $1.7 million from improper tips he received from Downe. Others charged by the SEC are Steven Greenberg, a former public relations executive, who allegedly pocketed $550,000 in illicit profits; Thomas Warde...
...accused of becoming a prostitute by age 15, meeting customers through an escort service and sustaining contact via a beeper that she showed off in the high school girls' room. Far worse, she is charged with falling in love with an alleged client, a 38-year-old auto-body-shop owner, and shooting his wife in the head. Fisher insists she is an innocent 17-year-old who wants only to attend her graduation on June 28. Indictment for attempted murder and bail of $2 million are barring...
...just beginning for a Merrick, N.Y., teen indicted for attempting to murder -- you guessed it -- her lover's wife. Last week grand jury deliberations wrapped up in the case of the girl the press called Long Island's Lolita. Playing Humbert Humbert was Joseph Buttafuoco, a 38-year-old auto mechanic who had an affair with the young woman. Their relationship apparently soured, and the teenager became "obsessed with revenge," said Daniel Severin, a Nassau County police detective...
More than anything, the 76th running of the Indianapolis 500 resembled a war of attrition. Of the 33 drivers who started last week's prestigious annual auto race, only 12 finished. Along the way, slick tires, miserable cold and over-powered engines induced 10 heart-stopping crashes that sent 13 drivers to the hospital and 13 of the $500,000 race cars to the junkyard. But winner Al Unser Jr., 30, whose .043-second margin was the tightest win in Indy history, insists car speed has not outpaced car safety. Says he: "Safety technology is doing great right...