CNBC's Scott Cohn reports Hampshire Hotel CEO Sant Singh Chatwal pleaded guilty in a campaign scheme.» Read More
The judge in the upcoming trial of Texas financier Allen Stanford has issued a sweeping gag order, barring the defendants, attorneys and even Stanford's alleged victims from talking to the media ahead of Stanford's January trial.
The Department of Justice has responded to a blistering critique by a government investigator of its investigation of Beazer Homes, the troubled Atlanta-based homebuilder that has come under fire for alleged mortgage fraud.
New York City’s quasi-military $1.2 billion Department of Sanitation is the largest such municipal operation in the world.
Los Angeles County District Attorney Steve Cooley announced on Tuesday the arrest of eight current or former Bell city officials, including former city manager Robert Rizzo, over alleged misuse of the city's public funds.
A top federal prosecutor in New York will on Thursday declare another front in the war on Wall Street fraud, focusing new resources on civil litigation to complement existing criminal actions.
A federal appeals judge has denied former Enron CEO Jeffrey Skilling's motion to be freed on bail while the appeals court considers whether to grant him a new trial.
German state-owned bank HSH Nordbank is caught up in a furor of allegations from magazine Spiegel that it used break-ins, bugging and planting of child pornography on a laptop computer to engineer the ousting of high-level employees.
From candy to cows and strippers to sparklers, the government wants to charge you extra for just about everything these days. Here are 12 of the wackiest taxes you may be paying.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
Convicted Ponzi schemer Bernard Madoff is somewhat of a celebrity at Butner Federal Correctional Institution. How could he not be? But celebrity only gets you so far, and for Madoff—a private man even in happier times—it is a double-edged sword.
Bernard Madoff's Ponzi scheme, estimated at $65 billion dollars, is still making headlines, as investigators follow the money trail nearly 14 months since he was sentenced to 150 years in prison.
On the Internet, he was known as BadB, a disembodied criminal flitting from one server to another selling stolen credit card numbers despite being pursued by the United States Secret Service.
If the allegations in a civil case filed in a federal court in Chicago hold up, you can even haul off $10 million if you stick to $9 here or 20 cents there.
As children head back-to-school, it is a good time to remember that parents should be very careful when they share their children's Social Security numbers. Though you can't completely protect children against identity theft, there are things you can do.
The US Department of Justice is scrutinizing payments by leading pharmaceuticals companies in markets around the world. The FT reports.
So how many Social Security numbers do you have? That may seem like a ridiculous question, but a recent study found more than 20 million Americans have multiple Social Security numbers associated with their name in commercial records.
An investigation by the Government Accountability Office (GAO) contends that for-profit colleges encouraged fraud and engaged in deceptive and questionable marketing practices.
A Government Accountability Office report to be released Wednesday will reveal that thousands of federal and private-sector employees nationwide may be committing fraud by collecting disability benefits from the federal government when they’re perfectly healthy and working full-time jobs.
Gold bugs like to think they have all their bases covered. The price of the precious metal can only go up whether the economy is facing inflation or deflation, or so they claim. But beyond the lack of evidence for the metal's value thriving in either scenario, gold investors now face a situation that even they can't put a positive spin on.
Former Enron CEO Jeffrey Skilling’who is three-and-a-half years into a 24-year prison sentence—wants out of jail while a federal appeals court reconsiders his case.
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"$UDDEN DEATH"/ "HIP HOP HUSTLE" - NCAA basketball coaches are among the victims who get financially slam dunked in a $39 million scam out of Houston. And a wannabe rap star claims he's working with a famous Hollywood star to collect money to produce a movie about his 'gangsta' life. But there is no movie only hip-hop star livin'.
With investigators eager to confirm that Joel Salinas is running a $39 million investment fraud, he runs out of options and sets off on a final escape.
The $1.5 million raised to produce a movie was a scam. Instead Eric Jagclicic spent investor money on fancy cars, exotic pets, and more.