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  • US Sues Bank of America     Wednesday, 24 Oct 2012 | 12:10 PM ET

    The U.S. is suing Bank of America on behalf of Fannie Mae and Freddie Mac, with CNBC's Scott Cohn.

  • DOJ News Conference on Medicare Fraud     Thursday, 4 Oct 2012 | 1:00 PM ET

    Attorney General Eric Holder is holding a news conference now, with a major crackdown on Medicare fraud, reports CNBC's Scott Cohn.

  • Probe Points to Former HSBC Syria Link Thursday, 16 Aug 2012 | 5:03 AM ET
    HSBC

    HSBC opted to continue with a business relationship with one of the key financiers to the regime of Syrian president Bashar al-Assad even after its own compliance officials raised concerns about a trust linked to him, according to an investigative report into money-laundering by the U.S. Senate. The Financial Times reports.

  • 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.

  • HSBC Ignored Drug Money Fear, Alleges Senate Tuesday, 17 Jul 2012 | 5:43 AM ET
    gavel and money

    HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.

  • US Is Building Criminal Cases in Rate Fixing Monday, 16 Jul 2012 | 6:04 AM ET
    Gavel

    As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal. The New York Times reports.

  • Peregrine Financial Fallout     Thursday, 12 Jul 2012 | 4:50 PM ET

    Peregrine Financial is another financial collapse that is drawing outrage from lawmakers and investors, with CNBC's Scott Cohn.

  • Giuliani: ‘Impression’ of Cover-Up in Holder Case Thursday, 28 Jun 2012 | 7:21 PM ET
    U.S. Attorney General Eric Holder

    Hours after the U.S. House of Representatives voted to hold Attorney General Eric Holder in contempt of Congress, Rudy Giuliani said that there was the “impression” of a cover-up.

  • Barclays Settles Libor Probe     Wednesday, 27 Jun 2012 | 2:40 PM ET

    CNBC's Eamon Javers reports on the CFTC's $200 million fine for Barclays, for alleged manipulation attempts of Libor.

  • Gingrich Rips Obama Over Eric Holder Probe Wednesday, 20 Jun 2012 | 11:01 PM ET
    Attorney General Eric Holder

    By invoking executive privilege over questions about the Justice Department’s “Fast and Furious” operation, the Obama administration is making a mistake of historic proportions, former House Speaker Newt Gingrich said Wednesday.

  • 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.

  • Health Care Fraud Takes Many Forms Monday, 9 Apr 2012 | 3:36 PM ET
    Wheelchair

    From an artificial leg for a person who doesn’t need it to doling out cash to the homeless, fraudsters are finding ways to bilk the U.S. health care system to the tune of an estimated $80 billion a year.

  • Obamacare and the ‘Health Care Hustle’ Monday, 9 Apr 2012 | 1:46 PM ET

    The U.S. Supreme Court’s debate over the constitutionally of the Affordable Care Act and the future of health care in America has dominated the national conversation for weeks. What’s not been as widely discussed is a little known provision in “Obamacare”, which, if overturned completely, could end up costing the taxpayers billions of dollars.

  • What YOU Can Do to Out-Hustle Health Care Hustlers Monday, 9 Apr 2012 | 1:25 PM ET
    Cost of healthcare

    Of all government programs, Medicare is particularly vulnerable to fraud. Find out how to avoid becoming a victim.

  • Medicaid Whistleblower Could Lose Coverage Thursday, 5 Apr 2012 | 12:21 PM ET

    Richard West, a 63-year-old Vietnam veteran, blew the whistle on the largest home health care fraud in history. Now he's in danger of losing his Medicaid benefits.

  • Medicare Payment System: Aiding or Preventing Fraud? Wednesday, 4 Apr 2012 | 6:37 PM ET

    There is the modern war against health care fraud—fraud that saps at least $80 billion a year from government health programs including Medicare and Medicaid.

  • Health care fraud raid in Puerto Rico

    There is the modern war against health care fraud—fraud that saps an estimated $80 billion a year from government health programs including Medicare and Medicaid.

  • Rise and Fall of a Multibillion-Dollar Ponzi Scheme Wednesday, 7 Mar 2012 | 12:23 PM ET
    Before anyone had heard of Bernie Madoff, Minnesota businessman Tom Petters carried out the largest Ponzi scheme in U.S. history. His company, Petters Group Worldwide, owned brands like Polaroid and Fingerhut, as well as a controlling share of Sun Country Airlines. As federal agents learned, though, these legitimate businesses were propped up entirely by a $3.5 billion Ponzi scheme. Petters sold promissory notes through his wholesale brokerage firm Petters Co. Inc., offering stunning returns of

    Before anyone had heard of Bernie Madoff, Minnesota businessman Tom Petters carried out the largest Ponzi scheme in U.S. history.

  • Insider Trades That Brought Down Raj Rajaratnam Wednesday, 7 Mar 2012 | 12:12 PM ET
    As head of a $7 billion hedge fund, Raj Rajaratnam’s phone often rang off the hook, and many of the calls were from corporate insiders who provided a goldmine of market-moving information. Unbeknownst to Rajaratnam, though, federal agents tapped his phone and the Wall Street titan was ultimately found guilty of perpetuating one of the largest cases of insider trading in history. Born in Sri Lanka, Rajaratnam grew up to become a self-made millionaire. He founded Galleon Group, which became one of

    Rajaratnam tapped a vast network of Wall Street insiders to funnel him inside information. Read on to go inside this Wall Street scandal!

  • Sen. Carl Levin, D-Mich.

    Shielding assets from the tax man or from overly inquisitive regulators is a time-honored strategy for the wealthy. Some turn to secretive financial havens like Switzerland or the Cayman Islands. Or there’s always Fernley, Nevada.