when he tried to steal his estate. his two accomplices appeared today to face their fate here. telecommunications executives and this tennis inspector were convicted for defrauding vips out of millions in real estate. today, the judge passed sentence. therefore mr. shaw sentenced to owe 20 years. the judge ordered shaw to pay a fine of $14 million. the co-defendant got 13 years prison in a four and a half million dollar fine. mr. shaw masterminded a scheme of fraud and false identity. it showed a high degree of callousness. the biggest victim, shirley wong. they stole three condos from her. shaw and lum forged deeds then took out millions of dollars of loans on the properties. the day of the conviction in september, shaw was out on bail and the next day, disappeared. there were serious criminals and they were very sophisticated in what they did. this is good for a movie script, right? two of them came to the sentencing today. they said the judge did the right thing.
shoring up at the water s edge, the gulf coast is bracing for impact. tropical storm isaac is cruising through warm waters, gaining strength. the states in its path want to be ready. everybody thinks about the wind. that s not the main risk from isaac. the main risk from isaac is flooding, water. in fact, 90% of life lost in the united states due to hurricanes are drowning. isaac could be a category 2 hurricane by the time it makes land fall probably tomorrow night, a day before the 7th anniversary of hurricane katrina. we just hope it s not to that level. we are better prepared to manage it, but, of course, it adds to the anxiety to all of us. after blowing through haiti and cuba, isaac made its way toward florida where heavy rains and strong winds caused minor damage. in tampa the republican national convention was delayed for a day as the storm approached. louisiana officials are urging residents to take precautions. a category 1 and a category 2 storm can bring
isaac ripped across key west. heavy rains caused flooding. but now the storm is expected to pick up steam. when it hits the gulf coast, it could be a category 2 hurricane. we are worried about storm surge, wind, rain and tornado. it is tracking westward and expected to make landfall along the gulf coast. just days before the seventh anniversary of hurricane katrina, the cit edge.orleans i. drivers have lined up for gas. residents are buying plywood. the city has declared a state of emergency and officials are warning to be an ready for anything. we are encouraging all of our people to stay alert and monitor weather conditions and follow what local officials are telling them. tampa would be spared the worst of isaac s wrath. half a foot of rain is in the forecast. republican officials have scaled back the convention from four days to three. that hasn t dampened the enthusiasm among the delegates arriving all weekend prepared for any weather. i have my rain coat on.
tropical storm isaac is picking up steam. more than 50,000 louisiana residents are told to leave. and now isaac could become a category 2 hurricane in the next few days. i m ama date. and i m alan wang. from florida to alabama to louisiana, preparations for the storm are underway. and we begin tonight with abc s karen trave veers for the travers. as isaac barrels its way into mexico, south florida has hungered down. it could be nothing, but it could be allots. isaac ripped across key west. heavy rains caused flooding. but now the storm is expected to pick up steam. when it hits the gulf coast, it could be a category 2 hurricane. we are worried about storm surge, wind, rain and tornado. it is tracking westward and expected to make landfall along the gulf coast. just days before the seventh anniversary of hurricane katrina, the city of new orleans is on edge. drivers have lined up for gas. residents are buying plywood. the city has declared a state of emergency