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  • SEC Uncovers Ponzi Scheme Targeting Deaf Investors Thursday, 19 Feb 2009 | 2:45 PM ET

    The Securities and Exchange Commission obtained a court order halting an alleged Ponzi scheme by Hawaii-based Billions Coupons and its CEO Marvin R. Cooper that was targeting members of the Deaf community in the U.S. and Japan.

  • Stanford Financial Chief Tried to Flee Country: Source Wednesday, 18 Feb 2009 | 11:37 AM ET

    The head of Stanford Financial Group charged with orchestrating an $8 billion fraud tried Tuesday to get a one-way flight out of the country, a source told CNBC.

  • Alleged Swindler Nadel To Stay Behind Bars Friday, 13 Feb 2009 | 8:22 PM ET
    Arthur Nadel

    Arthur Nadel, the Florida money manager who briefly went missing last month after the six hedge funds he ran collapsed in an alleged "mini-Madoff" scheme, will remain behind bars at least awhile longer.

  • Ailing Banks May Require More Aid to Keep Solvent Friday, 13 Feb 2009 | 5:35 AM ET

    Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking, the New York Times reported.

  • Alleged Swindler Nadel Anticipated 'Mini-Madoff' Label Thursday, 12 Feb 2009 | 8:03 PM ET
    Arthur Nadel

    Federal prosecutors say disgraced Florida hedge fund manager Arthur Nadel wrote letters home while he was fleeing from authorities last month, including one telling his family he "really anticipated" being labeled a "Mini-Madoff." 

  • Bank Test May Expand U.S. Regulators’ Role Thursday, 12 Feb 2009 | 10:37 AM ET
    Bank

    Exams for 18 or so of the biggest banks set to begin soon could lead to dramtic re-regulation of American finance.

  • Whistleblower Identifies 'Mini-Madoff' for SEC Thursday, 5 Feb 2009 | 6:29 PM ET

    Whistleblower Harry Markopolos, whose warnings about the Madoff scandal fell on deaf ears at the Securities and Exchange Commission for years, has provided the SEC's Inspector General with new information about an alleged "mini-Madoff" fraud that is still underway, CNBC has learned.

  • Madoff Clients: Relatives, Celebrities and Charities Thursday, 5 Feb 2009 | 3:24 AM ET
    Bernie Madoff

    Hall of Fame pitcher Sandy Koufax. Actor Kevin Bacon. World Trade Center developer Larry Silverstein.  All three have at least one thing in common: Their names appear on a list of several thousand clients who lost money investing with Bernard Madoff. The list has been made public in a court filing in U.S. Bankruptcy Court in Manhattan.

  • Alleged Swindler Nadel Agrees to Freezing of Assets Wednesday, 4 Feb 2009 | 5:35 PM ET
    Arthur Nadel

    Hedge fund manager Arthur Nadel, arrested last week on fraud charges, has agreed to have his assets frozen.

  • SEC Officials Can't Find Their Own Backsides: Lawmaker Wednesday, 4 Feb 2009 | 3:41 PM ET

    Rep. Gary Ackerman (D-N.Y.) attacked SEC officials testifying before the House Financial Services committee for failing to detect Bernie Madoff’s $50 billion Ponzi scheme on Wednesday.

  • Mini-Madoff Denied Bail for Now Thursday, 29 Jan 2009 | 9:05 PM ET

    Nicholas Cosmo, the Long Island man accused of running a $370 million dollar Ponzi scheme, remains jailed following a bail hearing today.

  • Madoff's Apartment Gets Changing of the Guard Thursday, 29 Jan 2009 | 2:42 PM ET
    Bernie Madoff

    As Bernard Madoff awaits his fate inside his Manhattan penthouse, he is getting a new crew to keep him safe.

  • Missing Fund Manager Nadel Is Arrested in Florida Tuesday, 27 Jan 2009 | 4:27 PM ET
    Arthur Nadel

    A Florida hedge fund manager who disappeared this month just as he was due to pay investors $50 million turned himself in to authorities Tuesday to face federal securities and wire fraud charges.

  • Nadel Fraud Dates Back to at Least 2003: Receiver Tuesday, 27 Jan 2009 | 1:11 AM ET

    The court-appointed receiver in the case of missing hedge fund manager Art Nadel says Nadel has been defrauding investors since at least 2003, "and in all likelihood before then."

  • Madoff Layoff Includes Legitimate Employees: Report Friday, 23 Jan 2009 | 1:25 PM ET
    Bernie Madoff

    Several dozen employees, who work in the legitimate branch of Bernard Madoff's firm, are being laid off, according to The Wall Street Journal.

  • Hunt for Missing Manager Leads to Louisiana: Report Monday, 19 Jan 2009 | 5:11 PM ET

    Federal law enforcement agents have tracked missing Sarasota hedge fund manager Arthur G. Nadel to Slidell, La., through cell phone records, according to a report in the Sarasota Herald-Tribune, which cited sources close to the investigation.

  • US Petroleum Demand Hit 5-Year Low in 2008 Thursday, 15 Jan 2009 | 2:50 PM ET

    America's demand for crude oil fell to its lowest level since 2003 last year, as record high prices to start the year and an ailing economy at the end of 2008 combined to sharply curtail consumption, new statistics show.

  • Sarkozy, Merkel, Blair Call for New Capitalism Thursday, 8 Jan 2009 | 9:34 AM ET

    The head of Europe's biggest economy said Thursday that world leaders should be looking at the massive U.S. deficit and other economic imbalances, not just problems caused by financial markets, as they debate a new global order.

  • Madoff Spotlight Turns to Role of Offshore Funds Wednesday, 31 Dec 2008 | 4:10 AM ET

    The investigations into Bernard L. Madoff are expanding into offshore tax havens, the New York Times reported.

  • Irregularity Uncovered at IndyMac Tuesday, 23 Dec 2008 | 10:13 AM ET

    Two months before IndyMac Bancorp collapsed in July, at a cost of $8.9 billion to taxpayers, a top federal banking regulator allowed the bank to backdate a capital infusion and gloss over its deepening problems, the New York Times reports.