Archive for November 12, 2008

Murrieta: Veterans Day Parade thrills thousands in Historic Downtown Murrieta California

Murrieta, California - I attended the Veterans Day Parade in Downtown Murrieta this past Tuesday, with Jeney and Apryl. This is an event that thrilled a crowd of thousands. We had coffee at Terry’s Coffee Trader and enjoyed some fresh fruit from Old Murrieta Plowboys market; 24683 Washington Ave, Murrieta Caifornia 92562. In case you ever need it, the phone number is 951-461-2777. This is a place I highly recommend based on great fresh fruit in a cool, old school, open market style of days past.


The parade was a blast, with all sorts of World War 2 vehicles with hometown bands and performance groups as well. You might even be able to see my daughter marching in the parade with her baton. It was a good time had by all, enjoy the video.

Crime: LG, Sharp, Chunghwa Agree to Plead Guilty, Pay Total of $585 Million in LCD Price-fixing Conspiracies

WASHINGTON – Three leading electronics manufacturers – LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. – have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels, the Department of Justice announced. Of the $585 million in fines, LG will pay $400 million, the second highest criminal fine ever imposed by the Department’s Antitrust Division.

Today’s charges were filed in U.S. District Court in San Francisco. The companies have agreed to cooperate with the Department’s ongoing antitrust investigation.

Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) panels are used in computer monitors and notebooks, televisions, mobile phones, and other electronic devices. In 2006, the worldwide market for TFT-LCD panels was approximately $70 billion. Companies directly affected by the LCD price-fixing conspiracies are some of the largest computer, television and cellular telephone manufacturers in the world, including Apple, Dell and Motorola.

“Today’s charges and criminal fines emphasize the commitment of the Department of Justice to crack down on international cartels,” said Attorney General Michael B. Mukasey.

LG Display Co. Ltd, a South Korean corporation, and its wholly-owned subsidiary, LG Display America Inc., a California company (LG), agreed to plead guilty to participating in a conspiracy from September 2001 to June 2006 to fix the price of TFT-LCD panels sold worldwide. During the conspiracy, LG Display Co. Ltd. was known as LG.Philips LCD Co. Ltd. (a joint venture between LG Electronics and Philips Electronics) and LG Display America Inc. was known as LG.Philips LCD America Inc.

Sharp Corp., a Japanese consumer electronics manufacturer, has agreed to pay a $120 million fine for its participation in separate conspiracies to fix the price of TFT-LCD panels sold to Dell Inc. from April 2001 to December 2006 for use in computer monitors and laptops; to Motorola Inc. from fall 2005 to the middle of 2006 for use in Razr mobile phones; and to Apple Computer Inc. from September 2005 to December 2006 for use in iPod portable music players.

Chunghwa, a Taiwanese TFT-LCD panel manufacturer, has agreed to pay a $65 million fine for its participation with LG and other unnamed co-conspirators in a conspiracy from September 2001 to December 2006 to fix the price of TFT-LCD panels sold worldwide.

“These price-fixing conspiracies affected millions of American consumers who use computers, cell phones and numerous other household electronics every day,” said Thomas O. Barnett, Assistant Attorney General in charge of the Department’s Antitrust Division. “These convictions, and the significant fines they carry, should send a clear message that the Antitrust Division will vigorously investigate and prosecute illegal cartels, regardless of where they are located.”

LG and Chunghwa are charged with carrying out the conspiracy by:

* Participating in meetings, conversations, and communications in Taiwan, Korea and the United States to discuss the prices of TFT-LCD panels;
* Agreeing during those meetings, conversations and communications to charge prices of TFT-LCD panels at certain pre-determined levels;
* Issuing price quotations in accordance with the agreements reached; and
* Exchanging information on sales of TFT-LCD panels, for the purpose of monitoring and enforcing adherence to the agreed-upon prices.

Sharp is charged with participating in three separate conspiracies, to fix the price of TFT-LCD panels sold to Dell, Motorola and Apple by:

* Participating in bilateral meetings, conversations, and communications in Japan and the United States to discuss the prices of TFT-LCD panels to be sold to Dell, Apple and Motorola;
* Agreeing during those bilateral meetings, conversations and communications to charge prices of TFT-LCD panels at certain pre-determined levels to Dell, Apple and Motorola;
* Issuing price quotations in accordance with the agreements reached; and
* Exchanging information on sales of TFT-LCD panels to be sold to Dell, Apple and Motorola, for the purpose of monitoring and enforcing adherence to the agreed-upon prices.

LG, Sharp and Chunghwa are each charged with price fixing in violation of the Sherman Act. Each violation carries a maximum fine of $100 million for corporations. The maximum fine may be increased to twice the gain derived from the crime or twice the loss suffered by the victims of the crime, if either of those amounts is greater than the statutory maximum fine.

LG Display Co. Ltd., based in Seoul, South Korea, reported $15.3 billion in revenue for 2007.

Sharp, based in Osaka, Japan, reported $34.2 billion in revenues for its fiscal year ending March 31, 2008, including $6.8 billion in revenue from LCD sales.

Chunghwa, based in Taoyuan, Taiwan, Republic of China, reported $4.8 billion in revenue for 2007.

These pleas are the result of a joint investigation by the Antitrust Division’s San Francisco Field Office and the Federal Bureau of Investigation in San Francisco. The plea agreements are subject to court approval.

Anyone with information concerning illegal conduct in the TFT-LCD industry is urged to call the San Francisco Field Office of the Antitrust Division at 415-436-6660.

Crime: Two Perris residents arrested after theft of gas range in new home development in Elsinore

Lake Elsinore, California - On November 10th, 2008, at about 11:15 am, officers from the Lake Elsinore Police Department responded to 19000 block of Parkwood Dr., Lake Elsinore, in response to a report of a residential burglary to a residence under construction. The location is a tract of new KB Homes, near the Skydive Elsinore complex off of Corydon Road on the south side of the lake.

During the investigation, officers learned that a gas range taken from the residence was equipped with a GPS tracking device. The device was put in place to deter and track thefts therefor reducing losses and keeping new home prices lower. Representatives of KB Home were actively tracking the range which led officers to an address in the 1200 block of Johns Rd, Perris, off of Nuevo and the 215 freeway.


When officers arrived, numerous stolen appliances and a vehicle reported stolen out of Whittier were located at the residence. The recovered appliances were valued in excess of $15,000.00. The homeowner, identified as Ruben Molina, 40 years, was arrested and charged with 496 P.C. - Possession of Stolen Property and 666 P.C. - Theft with Priors. Maria Molina, 18 years, was also taken into custody at the location for an outstanding, no-bail arrest warrant. Both subjects were booked at the Southwest Detention Center.

On the morning of November 11th, 2008, the ongoing investigation led Lake Elsinore investigators back to the Johns Rd. address where additional stolen property was recovered. This stolen property had been taken during a residential burglary occurring in Temecula in September, 2008.

This investigation is continuing and anyone with information is encouraged to contact Investigator McElvain at Lake Elsinore Police Department (951) 245-3300.

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