CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.» Read More
On the fifth anniversary of Bernard Madoff's arrest, the onetime financial luminary remains confident in his version of the facts.
From alleged mortgage swindlers to suspected Ponzi schemers, all of these fugitives have been wanted by the FBI for at least three years.
Former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court on Monday for laundering.
CNBC's Sue Herera reports on fan violence at a Brazilian soccer match.
The SEC has commenced an investigation into Barnes & Noble's accounting, pushing shares of the bookstore chain sharply lower.
Thefts of bitcoin, including a reported $100 million heist, have been growing, but law enforcers have largely stayed out of investigations. The NYT reports.
NEW YORK, Dec 5- A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided prison on Thursday as a result of his cooperation. District Judge Jed Rakoff in Manhattan sentenced DeVore to time served plus two years of supervised release.
CNBC's Andrea Day reports on the band "Lights Over Paris," which bandleader Robert Mawhinney used to con banks into loaning him millions of dollars.
Rob Mawhinney desperately wanted to become a rockstar. Instead, he found fame when he pleaded guilty to money laundering and loan fraud.
MIAMI-- A South Florida attorney has been convicted for his role in an $800 million insurance fraud scheme involving investments in death benefits. A jury on Wednesday convicted 64- year-old Anthony Livoti Jr. of money laundering and fraud conspiracy in the Mutual Benefits Corp. case. Company co-founder Joel Steinger is set for trial in April.
Tokyo police arrested a Deutsche Securities employee for suspected bribery after the Deutsche official spent thousands of dollars on entertainment.
A truck carrying "extremely dangerous" radioactive material was found Wednesday close to the place where it was stolen in Mexico. NBC reports.
A former Goldman Sachs trader who pleaded guilty to fraudulently building a futures trade should repay $118 million to his former employer, U.S. prosecutors said.
NEW YORK, Dec 2- Portfolio manager Michael Steinberg sought to warn SAC Capital Advisors founder Steven A. Cohen that he was trading in the opposite direction to bets that were based on inside information, a former analyst at the hedge fund testified Monday.
CNBC's Scott Cohn reports new details on just how far Bernard Madoff went to hide his investment fraud.
Christmas may be the season for giving, but it also the season for scamming, according to internet security firm McAfee.
Cyberthreats are growing and evolving, with spam and malware at record levels last quarter. The report also warned about digital currencies, such as bitcoin.
NBC investigative correspondent Jeff Rossen reports on teens attacking strangers in the "knockout game."
Trenton laid off a third of its police force two years ago, and state and county police have been picking up the slack. CNBC's Scott Cohn reports the city saw a new record number of murders at 33.
NEW YORK, Nov 21- Bank of America Corp urged a U.S. federal judge to impose no penalty even after a jury found it liable for fraud over the sale of defective mortgages by its Countrywide Financial unit.
Eric Bartoli was arrested Dec. 11 in Peru. He he been on the run for almost a decade, wanted for his alleged involvement in stealing millions from investors in the U.S. and Latin America.
The accused mastermind of a $65 million scam featured on "American Greed: The Fugitives" has been apprehended by authorities.
Jack Utsick, a concert promoter, flees when the SEC accuses him of running a $300 million investment fraud.