From alleged mortgage swindlers to suspected Ponzi schemers, all of these fugitives have been wanted by the FBI for at least three years.» Read More
Bernard Madoff's longtime secretary says she believes the disgraced financier is not cooperating with authorities to protect others.
Texas financier R. Allen Stanford, listed by Forbes last year as the 205th richest person in America with a net worth of $2.2 billion, in fact has less than $3 million in cash. That, according to the court-appointed receiver who is trying to sort out an alleged "massive Ponzi scheme" at Stanford's companies.
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.
When money is tight, people are often easier to con. How can that be when people should be watching their nickels and dimes even closer than ever before?
New York-based hedge fund D.E. Shaw has decided not to place its bid to buy Madoff Securities, CNBC has learned.
Instead of waiting for houses to become abandoned and then pulling them down, local leaders are talking about demolishing entire neighborhoods, the NYT reports.
An in-depth look at what life is like in pirate territory, with CNBC's Erin Burnett reporting from Cairo, Egypt.
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.
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.
If you think the days of war games over, think again. There are spies everywhere!
There should be no military action by any nation to assist cargo ships hijacked by pirates. Why? Because that would be using a nation’s resources to assist an industry that invites and encourages pirates to do what they do by paying them ransom money.
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.
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.
On Monday, the federal government announced an unprecedented joint effort between federal and state authorities to crackdown on mortgage and foreclosure rescue scams.
In a case of piracy that some analysts called unprecedented, untold thousands of people watched a version of “X-Men Origins: Wolverine” online Wednesday, a full month before its scheduled theater release, the New York Times reported.
The former Chief Investment Officer for Stanford Financial — who is charged with obstructing the SEC investigation of the firm — has sued her attorney and his firm for malpractice.
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.
With so many people hitting the web for job opportunities, it's no wonder the scammers are out in force. Here's what to watch for.