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Investment Fraud

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  • Markets Across Europe Close Lower     Monday, 16 Jul 2012 | 11:30 AM ET

    CNBC's Simon Hobbs reports European shares fell on weak U.S. retail sales data; a look at changes investors may see at P&G; the last market activity in the U.S. stocks; and the latest fallout from the PFGBest scandal, with CNBC's Brian Shactman, Bob Pisani, and Gary Kaminsky.

  • PFGBest Fallout Deepens     Friday, 13 Jul 2012 | 11:34 AM ET

    CNBC's Scott Cohn reports the brokerage firm is planning to file for bankruptcy on the heels of the firm's collapse. Gary Kaminsky, Capital Markets editor, shares his thoughts on the growing scandal.

  • PFG Collapse From a Broker's View     Thursday, 12 Jul 2012 | 11:24 AM ET

    Bob Maurer, Manduca Trading, provides a broker's perspective on the PFGBest collapse, with CNBC's Rick Santelli.

  • Santelli on Safety, Socialism & Scandals     Thursday, 12 Jul 2012 | 11:13 AM ET

    "Nobody cleans up their messes anymore, especially governments," rants CNBC's Rick Santelli, weighing in on historically low yields; France's Peugeot cutting 8,000 jobs, and recent financial scandals.

  • CNBC's Scott Cohn has the latest details on the investigation of PFGBest's bankruptcy, after regulators alleged the firm misstated $200 million in customer accounts.

  • Wall Street's Wildest Con     Thursday, 12 Jul 2012 | 6:40 AM ET

    Discussing one of Wall Street's biggest frauds and how the rogue hedge fund manager tried to fake his own suicide to avoid prison, with Guy Lawson, "Octopus" author.

  • Millionaire Aubrey Lee Price Missing     Wednesday, 11 Jul 2012 | 4:41 PM ET

    Southern Georgia bank director Aubrey Lee Price has been missing for two weeks, and has been charged for embezzling at least $17 million, reports CNBC's Hampton Pearson.

  • Santelli on Regulations, Rules & Rubes     Tuesday, 10 Jul 2012 | 11:13 AM ET

    Discussing common sense and effective regulations, with CNBC's Rick Santelli.

  • In Caymans, It’s Simple to Fill a Hedge Fund Board Monday, 2 Jul 2012 | 12:51 PM ET
    Cayman  Islands

    As hedge funds become a dominant force in the investing universe, directorship services have grown into a big business on the Cayman Islands. And because of a quirk in the island’s tax code, these funds must appoint a board, the New York Times reports.

  • Barclays Libor Fallout     Monday, 2 Jul 2012 | 7:35 AM ET

    Discussing the resignation of Marcus Agius, Barclays' CEO, less than a week after the British bank agreed to pay $450 million in fines for its role in fixing interest rate prices, with Gary Gensler, Commodity Futures Trading Commission chairman.

  • Peter Madoff Appears in Court     Friday, 29 Jun 2012 | 1:11 PM ET

    CNBC's Mary Thompson reports the latest details on the arrest and guilty plea from Peter Madoff, the brother of Ponzi schemer, Bernie Madoff.

  • Peter Madoff Pleads Guilty!     Friday, 29 Jun 2012 | 12:36 PM ET

    CNBC's Mary Thompson reports the latest details on the Madoff Ponzi scheme.

  • Peter Madoff Expected to Plead Guilty     Friday, 29 Jun 2012 | 10:16 AM ET

    Peter Madoff, the younger brother of Ponzi schemer Bernie Madoff, is expected to plead guilty later today to securities fraud for his role in the Madoff Ponzi scheme, reports CNBC's Mary Thompson.

  • Wall Street jailbirds Wednesday, 20 Jun 2012 | 11:09 AM ET
    The term financial fraud usually brings to mind names like Bernie Madoff, Raj Rajaratnam and Allen Stanford, to name a few. All three men are now doing time in prison for their respective crimes. is serving 150 years for his $50 billion Ponzi scheme. found guilty of insider trading charges, was sentenced to 11 years behind bars. received a 110 year sentence for his $7 billion Ponzi scheme. However, these notorious cases are far from the only ones involving financial crimes. From money managers w

    While not every one of these Wall Street jailbirds had offices in downtown Manhattan, they all dealt in the financial world. Click ahead to see those who have traded in their pinstripes for prison stripes.

  • The Mormon Madoff: How Shawn Merriman Scammed Millions Wednesday, 20 Jun 2012 | 10:45 AM ET
    Shawn Merriman

    Shawn Merriman was head of an investment firm and lay bishop in the Mormon church who persuaded friends, family, and church members to invest with him. It turned out to be a big scam, taking in more than $21 million. Among victims: his own mother.

  • Last Call: Greek Election Day Draws Near Friday, 15 Jun 2012 | 1:39 AM ET
    Greece

    The markets jump on reports central banks are putting plans in place to prepare for the Greek elections; UK bankers say they will take whatever steps necessary to protect their currency; the video game industry continues its free fall; Allen Stanford is sentenced to 110 years in jail.

  • The federal agency is aggressively responding to a series of what it sees as hostile attempts by private sector firms to access its website at times when market-moving economic data are released to the public.

  • Fraud Whistleblowers: Uncle Sam Wants You Thursday, 24 May 2012 | 2:46 PM ET
    Department of Justice

    U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.

  • Gupta Trial Set to Start Today     Monday, 21 May 2012 | 10:47 AM ET

    RIchard Holwell, Holwell Shuster & Goldberg partner, provides his perspective on the upcoming insider trading trial of former Goldman Sach's director, Rjjat K. Gupta.

  • Is Insider Trading Part of the Fabric? Sunday, 20 May 2012 | 10:17 AM ET
    Wall Street sign

    The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.