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
Danielle Chiesi just gave one of the weirdest post-sentencing press conferences a convict has ever given.
David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.
An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.
Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.
When it comes to shoplifting the rich are different — they steal more, according to Rachel Shteir, author of the new book "The Steal,"
A train transporting defense gear from Romania to Bulgaria was broken into and military equipment went missing, Romanian military prosecutors said in a statement on Sunday.
At best, former Scotland Yard senior officers acknowledged in interviews, the police have been lazy, incompetent and too cozy with the people they should have regarded as suspects. The New York Times reports.
The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault remains on the payroll of New York's Sofitel Hotel, CNBC has learned from a source close to the investigation.
If you live in Los Angeles, you know that this weekend the 405 freeway will be completely shut down—completely—between the 10 and the 101 freeways. They're calling it "Carmageddon," and it is the end of the world as we know it. This is a town where freeways are more important than world peace.
There's a long list of hedge fund managers—and their co-conspirators—brought down by an FBI wiretap.
The British parliament will unite on Wednesday to urge Rupert Murdoch to drop plans to further expand his media empire in a move unthinkable before a phone hacking scandal exploded just two weeks ago.
Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.
The Justice Department has been conducting a criminal investigation of sports fishing expeditions in the Amazon that may have been used as covers for Americans to have sex with underage girls, the New York Times reports.
James Murdoch faces a test as he jockeys to one day run NewsCorp, his father’s company, and salvage the biggest deal in its history, the takeover of British Sky Broadcasting, the New York Times reports.
Federal prosecutors officially adopted new guidelines about charging corporations with crimes — a softer approach that, longtime white-collar lawyers and former federal prosecutors say, helps explain the dearth of criminal cases despite a raft of inquiries into the financial crisis the New York Times reports.
Yesterday at 11:46 PM, Lee Ainslie of Maverick Capital got an email with the Subject line, "Yo Lee homey, Sorry to break it to you, but looks to me likely that Maverick will soon be charged with insiderr trading. Just thought I'd let you know..."
The official biographer of Dominique Strauss-Kahn believes he is a "French lover" rather than a rapist.
Late last month, LulzSec announced that it was disbanding, and that its members would continue their activities under other banners. But the F.B.I. and other agencies are continuing their pursuit, the New York Times reports.
Warren Buffett famously said: "It takes 20 years to build a reputation and five minutes to ruin it."
Yesterday afternoon at 4 o'clock, we dialed Paris. We spoke for an hour with the person that every journalist tried to contact when Dominique Strauss-Kahn was arrested in New York: his biographer.
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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.