The SEC has commenced an investigation into Barnes & Noble's accounting, pushing shares of the bookstore chain sharply lower.» Read More
The man accused of masterminding the largest identity theft in U.S. history agreed to plead guilty to related charges, according to court papers filed in Boston federal court Friday.
Somali pirates holding a hijacked ship off the coast of Somalia fired at a U.S. Navy helicopter as it made a surveillance flight over the vessel, the first such attack by pirates on an American military aircraft, the Navy said Thursday.
The federal government sent about 3,900 economic stimulus payments of $250 each this spring to people who were in no position to use the money to help stimulate the economy: prison inmates.
Massachusetts Secretary of State William Galvin's office has rejected a proposed settlement by an investment firm to repay nearly $6 million to state investors who lost money in Bernard Madoff's fraudulent investment scheme.
The SEC said Thursday that former American International Group CEO Maurice "Hank" Greenberg agreed to pay a $15 million fine to settle fraud charges.
An appeals court has ordered a new, shorter sentence for ex-Qwest CEO Joe Nacchio, saying his 6-year term for insider trading was too long.
The receiver appointed by the courts to take over the companies run by Texas financier R. Allen Stanford is meeting resistance in his efforts to recover money the government says went missing in a Ponzi scheme.
The mayors of two New Jersey cities, a current and former state legislator and five rabbis were among more than three dozen people arrested Thursday in a sweeping corruption investigation.
Three men have been arrested in Germany over a failed attempt to blackmail the country's richest woman, BMW heiress Susanne Klatten, prosecutors said Friday.
A Massachusetts philanthropist who lost most of his personal fortune in the Bernard Madoff scandal has paid $5 million out of his own pocket to restore the retirement savings of employees who lost money in the multibillion dollar scam.
Disgraced financier Bernard Madoff was being held in a federal prison in Atlanta Tuesday after his transfer from a New York lockup, according to a Bureau of Prisons Web site.
A floor used by Madoff in the midtown Manhattan high-rise known as the Lipstick Building has been emptied out and put up for lease.
A dozen people have been arrested, and 33 pounds of heroin worth $30 million and stuffed insideBuild-A-Bear toys has been seized in a drug bust in the Bronx.
Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting responsibility for certain wrongdoing and pays millions to victims.
Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.
Brash Texas billionaire R. Allen Stanford was indicted and jailed Friday on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery.
Prosecutors filed 113 victim impact statements Monday in the case against Bernard Madoff, who will be sentenced for his $650-billion Ponzi scheme later in June.
Concerned over the surge of phony swine flu treatments hawked on the Internet, the Food and Drug Administration has ordered dozens of Web site operators to stop making fraudulent claims, leading to a drop in the number of scams.
President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression.
Exactly a year after swindler Samuel Israel III disappeared, the girlfriend who helped him has been sentenced to four months of home confinement.