Dmitry Braverman is the second employee of the Wilson Sonsini law firm to be accused of insider trading in recent years.» Read More
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.
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 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.
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 is another financial collapse that is drawing outrage from lawmakers and investors, with CNBC's Scott Cohn.
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.
CNBC's Eamon Javers reports on the CFTC's $200 million fine for Barclays, for alleged manipulation attempts of Libor.
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.
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.
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.
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.
Of all government programs, Medicare is particularly vulnerable to fraud. Find out how to avoid becoming a victim.
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.
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.
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.
Before anyone had heard of Bernie Madoff, Minnesota businessman Tom Petters carried out the largest Ponzi scheme in U.S. history.
Rajaratnam tapped a vast network of Wall Street insiders to funnel him inside information. Read on to go inside this Wall Street scandal!
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.
CNBC's David Faber has the details on the FCC's prohibiting LightSquared from ground-based mobile services.
Citigroup was forced to write off $50 million after two traders accused of attempting to influence global lending rates left the bank, according to people familiar with a worldwide investigation that is gathering pace, the Financial Times reports.