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Rave company exec and two former venue managers arrested in L.A. Coliseum scandal



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A rave company's chief executive and two former Los Angeles Memorial Coliseum execs were arrested Thursday in connection with a number of investigations into questionable financial dealings.

The D.A.'s office says charges were not immediately disclosed, notes the L.A. Times. However, a spokesperson from D.A. Steve Cooley's office released the names of the individuals arrested:

Last year, the three were sued for more than $1 million by the Coliseum Commission -- a joint-powers authority that oversees the taxpayer-owned complex -- alleging they siphoned off revenues.