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Crime Corporate Fraud

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    Allen Stanford, the Texas billionaire facing civil fraud charges, attempted to turn himself in at the federal courthouse in Houston on Thursday, but was turned away because there is no warrant for his arrest, his lawyer said.

  • SEC

    Federal regulators have won a court order freezing the assets of financier Danny Pang, whom they accuse of defrauding investors of hundreds of millions of dollars.

  • Bernard Madoff

    The trustee unraveling Bernard Madoff's Ponzi scheme is threatening legal action to recover $735 million from investors who unwittingly made money off the swindle.

  • Bernard L. Madoff

    New York-based hedge fund D.E. Shaw has decided not to place its bid to buy Madoff Securities, CNBC has learned.

  • A Swiss court has increased the prison sentence handed to a former banker who broke the country's strict banking secrecy laws.

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    Accused fraudster Allen Stanford is asking a federal court to lift a freeze on $10 million of his assets to pay for his legal defense.

  • Accused fraudster R. Allen Stanford "intends to fight" the civil charges against him, and is the victim of "unconstitutional" conduct by the federal government. Those words are in a letter to Stanford's employees—obtained by CNBC—written by Kathy Stoelker, the mother of Stanford's girlfriend.

  • The court-appointed receiver in the case of Texas financier R. Allen Stanford is suing 66 former employees of the firm, trying to recover $40 million dollars for victims of the alleged scam.

  • Arthur Nadel

    Florida money manager Arthur Nadel, who disappeared for two weeks in January when the six hedge funds he managed went bust, has formally denied allegations by the Securities and Exchange Commission that he engaged in a massive fraud.

  • Bernie Madoff

    A Manhattan judge has given investors a green light to go after Bernard Madoff's personal property by forcing the disgraced financier into bankruptcy.

  • The Long Island law student who is suing Bernie Madoff''s brother over the loss of his trust fund has a new and unlikely adversary: the bankruptcy trustee who is representing Bernie Madoff's creditors.

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    U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.

  • Weizhen Tang, as shown on the "About Us" section of wtang.com

    The Securities and Exchange Commission accuses a Toronto-based fund manager who calls himself the "Chinese Warren Buffett" of running a multi-million dollar Ponzi scheme aimed mostly at Chinese-Americans in the Dallas area.  Weizhen Tang tells Bloomberg his firm has had "difficulties" but denies he's done anything wrong.

  • A federal judge in New York today granted a 30-day continuance in the case of Arthur Nadel, the 76-year-old Florida hedge fund manager accused in a "mini-Madoff" scheme.

  • Former Enron CEO Jeffrey Skilling will be resentenced July 30, after an appeals court earlier this year ruled his 24 year sentence was too harsh.

  • A New York student won a court order to temporarily freeze the assets of Peter Madoff, the brother of jailed swindler Bernard Madoff, the student's lawyer said on Wednesday.

  • Chief Financial Officer for Texas financier Allen Stanford has changed course, and is now cooperating in the civil and criminal investigations of his former boss, CNBC has confirmed.

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    The trustee handling the liquidation of Bernard L. Madoff’s brokerage business told a federal judge on Monday that he had found $75 million in new assets in Gibraltar, the New York Times reports.

  • READ HERE: In personal pleas to the court, Bernard Madoff's victims ask for big jail time and his family stripped of everything.

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    Bernard Madoff lost his bid Friday to be released from jail until his June sentencing for Wall Street's largest ever investment fraud.