CNBC's Scott Cohn reports Hampshire Hotel CEO Sant Singh Chatwal pleaded guilty in a campaign scheme.» Read More
The man whose emails detailing Bernie Madoff's Ponzi scheme were ignored by the Securities and Exchange Commission has a new target — foreign exchange fraud, and he has Bank of New York and State Street in his sights.
It's hard to stay out of trouble on the Internet. Even if you avoid sites with questionable content, there are plenty of pitfalls and traps that subtly install programs which then wreak havoc on your computer.
Charges against former head of the International Monetary Fund Dominique Strauss-Kahn may be dropped altogether this week in New York.
The Metropolitan Police arrested another suspect as part of their investigations into phone hacking at the now closed News of the World newspaper, London's Metropolitan police said on Thursday.
The travails of the Murdoch family over the phone-hacking scandal at their UK newspaper empire are far from over.
An attorney for several hundred victims of Bernard Madoff's Ponzi scheme says she will ask the Supreme Court to overturn an appeals court ruling that would limit payments by the Securities Investor Protection Corporation.
The UK's Financial Services Authority yesterday issued the largest ever fine to an individual for market abuse and other offenses, imposing a penalty of 2 million pounds ($3.3 million) on Dutch hedge fund manager Michiel Visser.
The SEC is launching a new program Friday to encourage whistleblowers to report corporate fraud, including a website with instructions on how potential whistleblowers can make millions from their tips.
David Cameron condemned the recent riots in the UK as Parliament was recalled from its summer recess on Thursday, telling MPs in the House of Commons that the violence was "not about politics or protest."
One out of 4 Americans will have either a substance abuse or addiction problem at some point in their lives. Some of these addicts have even managed to change the world. Take for example, Sigmund Freud. Now the author of a new book takes us on an amazing journey looking at the "Anatomy of Addiction."
When Rupert Murdoch sat down with his board on Tuesday for the first time since a phone hacking scandal overseas plunged his company into turmoil, he was surrounded by a lot of familiar, friendly faces, the New York Times reports.
Great Britain and other parts of the world are experiencing unrest at a time of global economic uncertainty and stock market volatility. Here's a look at what's happened recently around the world.
Former IMF chief Dominique Strauss-Kahn sexually assaulted a housekeeper in a "violent and sadistic attack" in his hotel suite in Manhattan in May, a civil lawsuit filed on Monday alleges.
August is famously the month when most of Europe hits the beach. Markets are quiet, parliaments are closed, and very little happens.
Father and son Clayton and Drew Peterson have pled guilty to a two count criminal indictment of securities fraud and conspiracy to commit securities fraud, CNBC has learned.
The big ratings agencies have been blamed for much during the credit crisis, but they hadn't been raided by any of the countries they've threatened with downgrades, until Wednesday.
James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.
The Securities and Exchange Commission today charged Diageo, one of the world’s largest producers of premium alcoholic beverages, with widespread violations of the Foreign Corrupt Practices Act. The SEC alleges that Diageo made improper payments to government officials in India, Thailand and South Korea over a period of six years.
DoubleLine Capital CEO Jeffrey Gundlach has made a lot of money calculating where the bond market will go. But his former employer goes to court today to try to prove Gundlach miscalculated when he prepared to start DoubleLine while still employed at TCW.
Here, we take a look at a full baker's dozen of the most successful gangster movies of all time based on inflation-adjusted box office sales.
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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.