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Crime

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  • NCAA Slams Penn State With Unprecedented Sanctions Monday, 23 Jul 2012 | 9:26 AM ET
    Penn State student Laura Lovins and others react to the sanctions the NCAA announced against Penn State in the HUB on the campus of Penn State on July 23, 2012 in State College, Pennsylvania.

    The NCAA has slammed Penn State with an unprecedented series of penalties, including a $60 million fine and the loss of all coach Joe Paterno's victories from 1998-2011, in the wake of the Jerry Sandusky child sex abuse scandal.

  • Police to Enter Colorado Suspect's Booby-Trapped Home Saturday, 21 Jul 2012 | 11:08 AM ET
    James Holmes, suspect in the Aurora, Colorado shooting.

    A day after a gunman opened fire at a packed midnight showing of the new "Batman" film in a Denver suburb, killing 12 people and wounding 59 more, police on Saturday prepared to neutralize explosives in the suspect's booby-trapped apartment.

  • Survivor: 'Didn't Think It Was Real' Friday, 20 Jul 2012 | 3:29 PM ET
    Colorado shooting aftermath

    They were an eager audience forgoing sleep to take in the midnight premiere of "The Dark Knight Rises." Instead, they became survivors of the worst massacre in U.S. history since Fort Hood in 2009.

  • After Rampage, Presidential Campaigns Pause Friday, 20 Jul 2012 | 1:16 PM ET
    US President Barack Obama pauses as he speaks on the shootings in Aurora, Colorado at what was scheduled originally as a campaign event at Harborside Event Center July 20, 2012 in Fort Myers, Florida.

    The deadly rampage  in Colorado consumed the presidential campaigns,  sidetracking a bitter political contest with a tragedy that at least temporarily brought the candidates together in common purpose.

  • Greek Terror Suspects Vanish in Middle of Trial Thursday, 5 Jul 2012 | 6:36 PM ET
    The Greek national flag is seen flying above the parliament building on Syntagma Square in Athens, Greece, on Thursday, Feb. 16, 2012.

    Two suspected members of a Greek domestic terrorist group have gone missing in the middle of their trial, officials said Thursday, prompting orders for a judicial investigation and the suspension of an Athens police official.

  • Falcone, Harbinger Capital Sued for Fraud by SEC Wednesday, 27 Jun 2012 | 2:41 PM ET
    Philip Falcone

    Federal regulators are suing hedge fund manager Philip Falcone and his firm, accusing him of civil fraud for using fund money to pay his taxes and favoring some fund customers at the expense of others.

  • Authorities say several people have been arrested in New York City and elsewhere in an unprecedented international sting targeting cyber fraud.

  • Roger Clemens Acquitted on All Charges Monday, 18 Jun 2012 | 5:15 PM ET
    Former all-star baseball pitcher Roger Clemens (C) and his attorney Rusty Hardin (R) arrive at the U.S. District Court after the jury announced it has a verdict in Clemens' perjury and obstruction trial June 18, 2012 in Washington, DC. The jury found Clemens not guilty on all counts.

    Roger Clemens has been acquitted on all charges by a jury that decided he didn't lie to Congress when he denied using performance-enhancing drugs.

  • John Edwards Cleared of 1 Count; Mistrial on Others Thursday, 31 May 2012 | 4:58 PM ET
    John Edwards Mugshot

    John Edwards was found not guilty on one of six campaign fraud charges, and the jury could not reach a verdict on the other counts, leading the judge to declare a mistrial on them.

  • Ex-Media Mogul Conrad Black Released From Prison Friday, 4 May 2012 | 10:51 AM ET
    Conrad Black arriving at a federal courthouse on June 18, 2007.

    Conrad Black is released from prison after serving nearly half of his original six-year sentence for defrauding investors.

  • Could the News Corp. Scandal Jump to US? Wednesday, 2 May 2012 | 9:06 PM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    Not fit to run a major company. It is a damning judgment on Rupert Murdoch, a threat to his British assets — and a headache for Britain's government.

  • Champion Horse Breeder Arrested for Missing $30 Million Thursday, 19 Apr 2012 | 11:17 AM ET

    Federal prosecutors say a horse breeder, who was the comptroller of Dixon, Ill., stole more than $30 million from the town since 2006.

  • Trayvon Martin

    A lobbying group that promoted the law at the heart of the Trayvon Martin case has started to lose support from business groups, including Coca-Cola, Kraft Foods, McDonald's, PepsiCo and the Bill & Melinda Gates Foundation.

  • Supreme Court Declines Second Look at Skilling Case Monday, 16 Apr 2012 | 10:37 AM ET
    Jeffrey Skilling

    The Supreme Court has rejected another appeal from Jeffrey Skilling, the ex-CEO of disgraced energy giant Enron.

  • US Sues Apple, Publishers Over E-Books Wednesday, 11 Apr 2012 | 11:10 AM ET
    Visitors try out various ebook readers on display.

    The U.S. government has filed an antitrust lawsuit against Apple and various electronic book publishers, claiming they conspired to raise prices and limit competition. 

  • Credit card and magnifying glass

    A recent data breach may affect less than 1.5 million credit cards in North America, according to the card processor involved.

  • Embattled Florida Police Chief Steps Down Temporarily Thursday, 22 Mar 2012 | 5:08 PM ET
    Sanford Police Department Chief Bill Lee (L) speaks while announcing he will temporarily step down in the wake of the Trayvon Martin killing as Sanford city manager Norton Bonaparte Jr. (R) stands by on March 22, 2012 in Sanford, Florida.

    The embattled police chief at the center of a fatal neighborhood watch shooting temporarily stepped down Thursday, saying he had become a distraction to the investigation.

  • US Can Try for $330 Million in Allen Stanford Accounts Thursday, 8 Mar 2012 | 3:34 PM ET
    Allen Stanford

    A jury ruled U.S. authorities can try to seize over $300 million from the accounts of fraudster R. Allen Stanford.

  • NY Mets Owe Up to $83 Million to Madoff Trustee Monday, 5 Mar 2012 | 12:45 PM ET
    CitiField

    A judge has ruled that owners of the New York Mets professional baseball team owe up to $83 million to the trustee recovering money for Bernard Madoff investors.

  • The HSBC logo is displayed on the exterior of an HSBC bank branch March 2, 2009 in San Francisco, California. After taking a financial hit with sub-prime mortgage-backed securities, HSBC Holdings PLC reported that due to a 70 percent drop in 2008 net profits it plans to slash 6,100 jobs and close its consumer loan business in the U.S.

    HSBC Holdings said on Monday it will likely face criminal or civil charges from an expanding investigation into its ties to allegedly illegal money transactions, including some tied to Iran.

American Greed

  • 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.