According to sources, IRS Director of Exempt Organizations Lois Lerner has been placed on administrative leave, reports CNBC's Hampton Pearson.» Read More
White House press secretary Jay Carney was grilled by reporters today over new emails in relation to the Benghazi attack, and the spire was attached to the top of the World Trade Center today, reports CNBC's Courtney Reagan.
The jeweler who made more than $1 million from allegedly illegal tips is minutes away from entering a plea, reports CNBC's Jane Wells.
DUBAI, May 10- A Middle Eastern bank that fell victim to a major cyber fraud said on Friday that none of its customers had lost any money in a scam which it believed had also caught up lenders in the United States and beyond.
The network of thieves who drained ATMs around the world of $45 million in mere hours sent ripples through the security world, raising fears more thefts may be in store.
Mahendra Negi, CFO & COO at Trend Micro says that a weaker yen has been beneficial for the firm and stresses on the possible preventive steps companies & govt should take in the wake of rising threat from cyber crime.
The U.S. attorney charges eight people in connection with financial cyberattacks, reports CNBC's Scott Cohn.
The cell hacked into credit card processors to steal MasterCard debit card data, which it used to make about 36,000 transactions over 10 hours, the Justice Department said.
The U.S. Attorney's office has busted a crime ring accused of carrying out one of the largest bank robberies in history by hacking into financial institutions, reports CNBC's Scott Cohn.
Russell Wasendorf Jr., whose father went to prison for stealing $215 million from clients of the Peregrine Financial Group, has pleaded innocent and is attempting to start over.
A new survey from Ernst and Young shows bribes and manipulation are not unusual in company reports, with David Stulb, Ernst & Young.
Former Enron CEO Jeffrey Skilling would be out of prison in 2017—more than 10 years early—under a proposed sentencing agreement submitted to a judge in Houston.
Steve Bennett, Symantec CEO, explains why an attack on the Internet is a security threat to the U.S. government.
When singer-songwriter Lauryn Hill recorded her Grammy-winning album, she had no idea the money would ultimately put her behind bars, reports CNBC's Robert Frank.
CNBC's Jane Wells explains how Charles Ramsey came to the rescue at McDonald's.
*Bank of America to defend against remaining claims. May 7- American International Group Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential mortgage-backed securities.
NEW YORK, May 7- Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America. The New York State Supreme Court's Appellate Division, First Department, reversed on Tuesday, finding that CIFG had done enough by having an outside consultant analyze the loans.
Three missing women in Cleveland, Ohio, were discovered by a neighbor Charles Ramsey. CNBC's Brian Shactman has the details.
Experts are finding new ways to study hacking threats by "containing" the computer virus, reports CNBC's Eamon Javers.
CNBC gives you an exclusive glimpse inside a cyber war room on the front lines of the fight against hacking. Defense contractor Exelis is poised 24/7 to respond to threats.
Hard-pressed company bosses across much of the world are under so much pressure to deliver on growth that many have resorted to cooking the books, Ernst & Young says in its latest Fraud Survey.
Trevor Cook appears to be a local boy who made good in Minneapolis, where he runs an investment fund called the Oxford Group. Along with three cohorts, Cook solicits an amazing $190 million dollars from 700 U.S. investors, many of whom heard his message through a talk radio star. The investors think their money is going into securities, but they'll be shocked to see how Trevor and his boys blow their hard-earned savings, turning a historic mansion into a den of debauchery.
By day, Trevor Cook and his associates claim to run a $4 billion hedge fund. By night, they convert their million dollar Minnesota mansion into a lurid den of decadence.
Minnesotan foreign currency trader Trevor Cook tries to recruit local investment banker Ty Schlobohm into his scheme. At first, Schlobohm's impressed with the plan, but does his research and soon learns that Cook and his cohorts are not who they seem.