CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.» Read More
The court-appointed attorney who is rounding up assets in the alleged Allen Stanford Ponzi scheme says he has reached settlements with more than 30 investors over so-called "clawback" claims.
It is one of the biggest mysteries on Wall Street: Who is Tipper X, the secret witness at the center of the biggest insider-trading case in a generation?
The federal judge who is refusing to grant bail to indicted billionaire Allen Stanford said he is through explaining why.
One of the alleged tipsters in the Galleon hedge fund insider trading case could plead guilty as soon as Thursday, CNBC has learned, potentially becoming a key witness in the sweeping federal investigation.
Federal prosecutors said they intend to file a new indictment against hedge fund mogul Raj Rajaratnam, charged last year in a sweeping insider trading case.
Allen Stanford's attorneys have announced plans to appeal a December 23 ruling keeping the indicted banker behind bars without bail pending his trial in January, 2011.
A group of investors in Allen Stanford's alleged Ponzi scheme are demanding a powerful Texas congressman give them the same kind of support he showed Stanford when regulators shut down the alleged scam in February.
Gift cards are just so easy — so easy for dishonest employees to exploit, that is.
Bernie Madoff is back in his Butner, NC, prison cell after a brief stay in the prison's medical unit, according to the Bureau of Prisons Web site.
A federal judge has denied an emergency request by attorneys for indicted billionaire Allen Stanford to free their client on bail.
Convicted swindler Bernard L. Madoff, who is serving a 150-year sentence in a federal prison in Butner, N.C., was moved to a low-security medical center at the prison last Friday, according to the Bureau of Prisons. The New York Times reports.
Attorneys for accused Ponzi schemer Allen Stanford—who has been in custody without bail since his indictment in June—say their client is in danger of a "complete nervous breakdown," so they are again asking a federal judge to let him go free on bail.
A federal judge has found accused Ponzi schemer Allen Stanford and three co-defendants in contempt of court in a dispute over their legal fees.
Attorneys for former Enron CEO Jeffrey Skilling say the law under which he was convicted in 2006 is "unconstitutionally vague," and that he government has repeatedly misused the law to suit "whatever meaning is necessary to prosecute whatever defendant happens to be in the government's sights."
A trial has been set for April 26 in the case of Arthur Nadel, the Sarasota, Fla., philanthropist and hedge fund manager who became the first alleged "mini-Madoff" when the six funds he managed went bust earlier this year.
As he worked to preserve Bernie Madoff's rights and contain the collateral damage, attorney Ira Sorkin became the target of death threats and "vicious" anti-Semitism, he told CNBC.
The U.S. pay czar on Friday issued his latest crackdown on bailout recipients, ruling that cash salaries will be mostly limited to $500,000 for the next tier of top earners.
More than 200 investors in Texas billionaire Allen Stanford's alleged Ponzi scheme face a new lawsuit from the court-appointed receiver who is gathering assets from the Stanford empire.
The court-appointed Receiver rounding up assets in the alleged Ponzi scheme at the Stanford Financial Group says he will comply with a request from the Justice Departments Tax Division for the names and account information of thousands of Stanford investors.
Twenty-six people were charged today with engaging in a scheme to steal more than $50 million from the Federal Communications Commission's Video Relay Service (VRS) program.
Eric Bartoli was arrested Dec. 11 in Peru. He he been on the run for almost a decade, wanted for his alleged involvement in stealing millions from investors in the U.S. and Latin America.
The accused mastermind of a $65 million scam featured on "American Greed: The Fugitives" has been apprehended by authorities.
Jack Utsick, a concert promoter, flees when the SEC accuses him of running a $300 million investment fraud.