A co-founder of the frozen yogurt chain Pinkberry has been sentenced to seven years in prison for beating a homeless man with a tire iron.» Read More
One year after the Securities and Exchange Commission accused Texas billionaire Allen Stanford of running a massive fraud through his offshore bank in Antigua, a group of Stanford investors is suing the region's central bank, calling it Stanford's "partner in crime."
An ex-Goldman Sachs programmer was charged on Thursday for stealing propriety computer codes used to support his former employer's high-frequency trading system.
With criminals growing increasingly sophisticated and organized, identity fraud is once again on the rise, according to a survey released by Javelin Strategy & Research.
A federal grand jury in New York has returned a new indictment against hedge fund mogul Raj Rajaratnam and former consultant Danielle Chiesi, sharply raising the stakes in what authorities had already called the largest hedge fund insider trading case in history.
Since arriving at the S.E.C. a year ago this month, just as the Madoff scandal was grabbing headlines, Mr. Khuzami has cut red tape, created specialized teams to plumb hedge funds and other worrisome areas and tried to make the S.E.C. quicker and more nimble.
Here we go again. The German government said this week it's going to buy a stolen CD which apparantly contains the names of 1,500 Germans with secret bank accounts in Switzerland.
The New York Attorney General's office is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late 2008.
A suitcase containing $1 million in shrink-wrapped bills, hand-carried into New York by the former president of Gabon for his daughter to buy a Manhattan apartment. Purchases of a stretch Hummer H2 armored limousine and C-130 Hercules military transport planes for a civil war in Angola. And a shell company named Sweet Pink used to funnel millions of dollars into the United States from Equatorial Guinea.
Internet security experts say China has legions of computer hackers, and that they are behind an escalating number of global attacks to steal credit card numbers, commit corporate espionage and even wage online warfare on other nations, which in some cases have been traced back to China.
The daughter of indicted billionaire Allen Stanford has agreed to move out of her Houston condominium so it can be sold, with the proceeds going to Stanford's alleged victims.
The lead attorney for indicted billionaire Allen Stanford said Tuesday that he can now start working on his client's defense, after a federal judge ordered Lloyd's of London to pay Stanford's legal bills.
According to a new analysis, one out of five Web users still decides to leave the digital equivalent of a key under the doormat: they choose a simple, easily guessed password like “abc123,” “iloveyou” or even “password” to protect their data. The NYT reports.
Twenty-two top-level executives, including a senior sales executive at Smith & Wesson, were arrested in what Justice Department officials called the first undercover sting ever aimed at violations of the federal ban on corporate bribes paid to get foreign business. The NYT reports.
A former hedge fund manager named Mark E. Lenowitz has been secretly cooperating with an expanding federal investigation of insider trading on Wall Street for more than two years, in hopes of reducing his jail time.
If hackers could steal the source codes of technology companies like Google or Cisco, they could essentially give themselves secret access to everything the company and its customers did with the software. The NYT reports.
The court-appointed attorney who is rounding up assets in the alleged Allen Stanford Ponzi scheme says he has reached settlements with more than 30 investors over so-called "clawback" claims.
It is one of the biggest mysteries on Wall Street: Who is Tipper X, the secret witness at the center of the biggest insider-trading case in a generation?
The federal judge who is refusing to grant bail to indicted billionaire Allen Stanford said he is through explaining why.
One of the alleged tipsters in the Galleon hedge fund insider trading case could plead guilty as soon as Thursday, CNBC has learned, potentially becoming a key witness in the sweeping federal investigation.
Federal prosecutors said they intend to file a new indictment against hedge fund mogul Raj Rajaratnam, charged last year in a sweeping insider trading case.
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Joe and Tina Caronna are living the good life: a nice house, a collection of fancy sports cars, and loads of cash for vacations and fun. But while Tina has earned her money as a financial executive, Joe's life as an insurance agent isn't exactly legit. When Tina learns of her husband's fraud ... the results are deadly.
Insurance agent Joe Caronna steals money from friends by selling bogus annuities to feed his expensive lifestyle. He's able to conceal his fraud for years without detection.
When Tina Caronna doesn't return from a shopping trip, Joe enlists friends and family to search for his missing wife.