At War With the Fed: Inventor's Story Akin to 'David vs. Goliath'

William Bozeman, an independent inventor with a colorful history, says he used to have a good relationship with the Federal Reserve System and even helped improve its fraud detection efforts. So he was stunned when the government's central bank went to war with him out of nowhere by filing a federal lawsuit and two challenges to his patents with the U.S. Patent and Trademark Office.