Five former Bernard Madoff aides have asked a US judge to throw out their convictions, after a jury found them guilty of fraud and conspiracy.» Read More
Click to see some of the celebrities who had their most valuable items stolen while they were away.
Juxtapositions galore. Apple gets ready to debut its iCloud, while everyone else's cloud gets hacked. Portuguese elections set the stage for austerity, while austerity rocks Greece. Here's what we're watching...
Counterfeit goods generate hundreds of billions of dollars in sales each year, making up about 7 percent of all global trade.
the New York Times reports.
Most people know to ignore the e-mail overture from a Nigerian prince offering riches in exchange for a bank account number, the New York Times reports. But what if the e-mail appears to come from a colleague down the hall?
Aluminum will average $2,700 per ton for the year, the deputy chief executive of Rusal, the world’s largest aluminum company, told CNBC in an interview Friday.
Eric S. Lipkin, a former employee of convicted Ponzi schemer Bernard L. Madoff, is expected to plead guilty on Monday to criminal charges that he was involved in the massive scam, according to U.S. prosecutors.
Security breaches highlight the need for cloud customers to perform better due diligence and for a standard set of best practices to instill confidence that data will be handled reliably.
Mitt Romney's presidential campaign will focus on his executive experience in the Massachusetts statehouse, but the former Bay State governor and GOP presidential hopeful's calls as co-founder of Bain Capital have had a much bigger impact on the American consumer so far. ...A report from TheStreet.
As the race for a new bailout for Greece continues, one of the main bones of contention between opposition politicians and the Greek government is tax.
An SEC employee may have compromised the investigation of a multi-million dollar Ponzi scheme last year by claiming to investors — of which he was one — that the company was legitimate, according to a report by the agency's Inspector General.
Russian Prime Minister Vladimir Putin has hinted that there is more to Dominique Strauss-Kahn’s arrest on charges of sexual assault than meets the eye, according to various media reports.
If in doubt, blame speculators. That has been the popular political mantra in recent years whenever commodity and energy prices have soared. And events have now poured more fuel on the fire., according to the FT.
The collapse of a BP share-swap deal with Russian state oil company Rosneft is just one of a string of failures which show that Russia is "uninvestable", according to William Browder, once the country’s largest portfolio investor.
The number of violent crimes in the United States dropped significantly last year, to what appeared to be the lowest rate in nearly 40 years, a development that was considered puzzling partly because it ran counter to the prevailing expectation that crime would increase during a recession. The New York Times reports.
On April 30, Anne Sinclair wrote about the wedding of Prince William: “We were like children who, before going to sleep, want a tale, a story with a princess and a dream, because real life catches up with you soon enough...” The New York Times reports.
The IMF said Friday it had put out incorrect information a day earlier about the pension benefits it will pay former managing director Dominique Strauss Kahn.
No matter how his legal case turns out, CNBC has learned that Dominique Strauss-Kahn will collect at least a quarter million dollars a year from the IMF in pension payouts for the rest of his life.
The New York State attorney general’s office is investigating whether a for-profit school founded by Donald J. Trump, which charges students up to $35,000 a course, has engaged in illegal business practices, according to people briefed on the inquiry. The New York Times reports.
There are some jobs that pay six figures that you might not expect. Here are 15 surprising examples of jobs that pay $100,000 or more.
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"$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.