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  • 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.

  • LightSquared Faces Prohibition Following Interference Report

    CNBC's David Faber has the details on the FCC's prohibiting LightSquared from ground-based mobile services.

  • Citigroup Takes $50 Million Loss in Libor Probe Friday, 10 Feb 2012 | 2:08 AM ET
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    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.

  • Brokers Suspended in Libor Inquiry Thursday, 9 Feb 2012 | 2:50 AM ET
    Taxis wait in Line for passengers

    More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.

  • Sinking cruise ship in Giglio Porto, Italy

    Unregistered passengers might have been aboard the stricken cruise liner that capsized off the Tuscan island of Giglio, a top rescue official said, raising the possibility that the number of missing might be higher than previously announced.

  • Fair Lending Settlement a Whopping $335M   Wednesday, 21 Dec 2011 | 3:14 PM ET
    Fair Lending Settlement a Whopping $335M

    CNBC's Eamon Javers has the details on the government's settlement against BofA's Countrywide unit.

  • e-Book Pricing Issues   Wednesday, 7 Dec 2011 | 4:45 PM ET

    The Department of Justice confirms that it's probing the amount Apple charges for electronic books, or e-books, with CNBC's Jon Fortt.

  • Judge Delays Questioning in Gupta Case Wednesday, 30 Nov 2011 | 10:20 PM ET
    Rajat Gupta

    The federal judge overseeing the civil and criminal insider trading cases against former Goldman Sachs board member Rajat Gupta has put much of the civil case on hold, in a victory for prosecutors.

  • For Republicans, Judicial Power Is a Campaign Issue Monday, 24 Oct 2011 | 3:52 AM ET
    Gavel

    Republican presidential candidates are issuing biting and sustained attacks on the federal courts and the role they play in American life. The New York Times reports.

  • Is the Sun Setting on Solar?   Thursday, 29 Sep 2011 | 5:37 PM ET
    Is the Sun Setting on Solar?

    Kevin Smith, Solar Reserve CEO, discusses government loan guarantees and the future of thermal energy amid the Solyndra bankruptcy scandal.

  • Poker Site Ponzi Scheme?   Tuesday, 20 Sep 2011 | 2:19 PM ET
    Poker Site Ponzi Scheme?

    CNBC's Darren Rovell has the details on an alleged ponzi scheme that hit the high stakes poker world.

  • Ex-IMF Chief Strauss-Kahn Admits 'Moral Failing' Sunday, 18 Sep 2011 | 4:38 PM ET
    Dominique Strauss-Kahn

    The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.

  • Officials Eye Madoff Role of a Lawyer Saturday, 17 Sep 2011 | 12:10 PM ET
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    The tables may be turned on one former SEC official. He may soon be investigated by the Justice Department for a potential conflict in the Madoff case: He was responsible for the agency's proposal for victim compensation even though he had a financial interest in the outcome.

  • Settlement Said to Be Near for Fannie and Freddie Friday, 9 Sep 2011 | 10:50 AM ET
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    Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.

  • Ex-IMF Chief Strauss-Kahn Returns Home to France Sunday, 4 Sep 2011 | 4:28 AM ET
    Dominique Strauss-Kahn

    Dominique Strauss-Kahn returned home to France on Sunday, for the first time since attempted rape accusations by a New York hotel maid unleashed an international scandal that dashed the former International Monetary Fund chief's chances for the French presidency.

  • CNBC.com Market Outlook   Friday, 2 Sep 2011 | 5:00 PM ET
    CNBC.com Market Outlook

    The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.

  • Aerospace and Defense Wednesday, 31 Aug 2011 | 2:19 PM ET
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    How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.