The politically connected former CEO of a prominent New York City charity has admitted he helped steal $5 million in an insurance scheme.» Read More
ALBANY, N.Y., April 8- New York's highest state court has ruled that a lawsuit by the Algosaibi family conglomerate, claiming that a Saudi billionaire who married into the family committed a $150 million fraud, should be heard in Saudi Arabia.
A Dutch banker killed his wife and younger daughter before committing suicide, police said on Monday.
FBI investigators say some of the thousands of museum-quality artifacts collected by a 91-year-old man in Indiana may have been acquired improperly.
WASHINGTON, April 3- A Maryland man will plead guilty to charges of conspiring to commit insider trading, in what marks the 10th criminal prosecution stemming from an insider-trading ring orchestrated by a former Wells Fargo investment banker, the U.S. Justice Department said.
April 3- Federal authorities have opened an investigation into a $400 million fraud involving Citigroup's Mexican unit, the New York Times reported, citing people briefed on the matter.
Money laundering can be described as "moving money to disguise what it is" according to FBI agent Douglas Leff and there are simple steps to sniff out these funds.
Criminals find all sorts of creative ways to hide their money. Douglas Leff of the FBI discusses various ways criminals take advantage of money laundering opportunities.
NEW YORK, March 31- A New York judge has allowed Chevron Corp to sue Patton Boggs over claims that the Washington law and lobbying firm engaged in fraud while trying to enforce a multibillion-dollar environmental judgment for a group of Ecuadorean villagers.
Millions of Americans have had their medical records breached since 2009 and the problem is growing. Some warning signs your data have been compromised.
CNBC's Jane Wells reports 6 baggage handlers have been arrested at LAX airport for stealing passenger property after police noticed a 37% jump in thefts last year.
Still, it's the more mundane details such as due diligence in hiring that could choke Oppenheimer and Morgan Stanley if regulators extend their investigations, lawyers said.
Police arrest six people to bust an LAX theft ring that stole an uncounted amount of valuables. The LAT reports.
An inside look at how a mother-daughter crime duo posed as soldiers and swindled money from women who were seeking love on the Internet, according to prosecutors.
CNBC's Andrea Day reports on an international scam where victims were reeled in with loving emails from supposed U.S. soldiers overseas.
A son-in-law of Osama bin Laden was convicted Wednesday of conspiring to kill Americans, NBC reports.
Regulators are preparing to exempt a majority of money market mutual funds from a central plank of rules intended to curb risk.
NEW YORK, March 25- Two former executives at Vitesse Semiconductor Corp who became cooperating witnesses in the government's prosecution of the company's top management for inflating company earnings and backdating stock options were sentenced to time served Tuesday.
Victims of the Madoff Ponzi scheme could get back another $349 million under a proposal to a bankruptcy court Tuesday, CNBC's Scott Cohn reports.
A federal appeals court on Tuesday rejected a bid by former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction.
You can store your sensitive documents in a safety deposit box. But safeguarding your identity is a moving target.
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"$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.