CNBC's Scott Cohn reports Hampshire Hotel CEO Sant Singh Chatwal pleaded guilty in a campaign scheme.» Read More
The oil is clearing much faster than expected, but concern remains over the unseen effects. The NYT reports.
As BP transitions to a new CEO, the company is also subtly transitioning to a new, more aggressive strategy when it comes to its liabilities for the Gulf oil spill.
The government is accusing the founder of a body armor manufacturer of misappropriating more than millions of dollars. The NYT reports.
Under little-noticed new provisions of the Dodd-Frank Wall Street reform law, whistleblowers who alert the SEC to potential fraud will for the first time be entitled to collect between 10- and- 30 percent of the money recovered by the government.
How black voters in California decide on Proposition 19, which would allow anyone 21 and over to possess up to an ounce of marijuana, could be critical to its success or failure.
Counterfeiters have created an international, multi-billion-dollar industry by making cheap imitations of designer goods and selling them for a fraction of the price.
The trend of counterfeiting goes far beyond fake purses and watches and includes consumer products like baby formula and prescription medicine and industrial products like military components.
The notion that it is a victimless crime is patently false. Counterfeit products victimize almost everyone they encounter, from the assembly line to the cash register.
Counterfeiting saps economies, puts lives in jeopardy and funds organized crime around the globe. So which counterfeit goods are seized most often? Find out now.
One year ago today, Bernie Madoff was sentenced to 150 years in prison. And while Madoff is now behind bars, a group of his victims has come forward to tell their stories in hopes of saving others from their fate.
Like any new employee, Jack Abramoff is trying to keep a low profile — or as low a profile as a cause célèbre disgraced lobbyist and convicted felon can keep when news cameramen keep staking out his new workplace. The NYT reports.
The world's wealthiest people can, and often do, surround themselves with bodyguards, travel in armored cars with bullet-proof glass and live within well-guarded fortresses. Still, no one is completely immune to murderous plots — not even billionaires.
Frank DiPascali, Bernie Madoff's right-hand man, is free on bail Tuesday after months of incarceration.
Organized crime has been the subject of some of the greatest films ever made, from "Little Caesar" to "The Godfather" and "The Departed." How much do you know about mob movies? Take our quiz and find out.
While the days of the flamboyant “Dapper Don” are over, New York's five major crime families—Bonanno, Colombo, Gambino, Genovese and Lucchese—are still functioning. And more importantly, they’re still making money.
Organized crime activities bring in a worldwide annual income of between $50 billion and $90 billion according to a 2002 FBI study. Here, we look at some of the most famous mobsters in US history.
Strong enforcement presence in the CDO markets is a critical priority of government regulators, Robert Khuzami, the Securities and Exchange Commission’s director of enforcement told CNBC Tuesday.
Carl-Henric Svanberg got a summons to the White House to answer President Obama’s questions about the spill. The NYT reports.
Bernard Madoff, the author of the biggest Ponzi scheme in history, told inmates at the Butner prison where he is serving his 150 years jail sentence that his victims deserved what happened to them, because they were rich and greedy, according to an article in New York Magazine.
Lockheed Martin's General Counsel James Comey is leaving the company to join hedge fund Bridgewater Associates.
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"$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.