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  • 'Swiss Gigolo' Gets 6 Years in BMW Heiress Case Monday, 9 Mar 2009 | 1:07 PM ET
    Helg Sgarbi

    A man dubbed "the Swiss gigolo" by the German media was sentenced to six years in prison Monday for defrauding Germany's richest woman of $9 million (euro 7 million) and attempting to blackmail her for tens of millions more.

  • Judge Throws Out Long-Running Enron Case Friday, 6 Mar 2009 | 11:33 AM ET

    A long-running lawsuit brought by Enron investors against three financial firms over their dealings with the collapsed energy trader has been dismissed by a federal judge in Houston.

  • Cuomo Subpoenas Merrill Top Earners Wednesday, 4 Mar 2009 | 9:33 PM ET
    Andrew Cuomo

    New York Attorney General Andrew Cuomo has issued subpoenas to seven top executives at Merrill Lynch -- executives who earned more than $200 million last year, according to sources familiar with the investigation. 

  • Madoff to Appear At Court Hearing Wednesday Tuesday, 3 Mar 2009 | 4:41 PM ET
    madoff_bernard_05.jpg

    Accused swindler Bernard Madoff will be attending court hearings set for Wednesday over a potential conflict of interest regarding his attorney Ira Sorkin, CNBC has learned.

  • Stanford Makes Calls to Antigua to Gain Support Thursday, 26 Feb 2009 | 10:52 AM ET
    R. Allen Stanford

    Accused fraudster Allen Stanford has been making calls to his Caribbean base of Antigua to try and gain support and allies, CNBC has learned.

  • Generic Drug Sales Strive Despite Recession Monday, 23 Feb 2009 | 12:36 PM ET

    Despite the ongoing recession, generic drug makers like Teva Pharmaceutical and Watson Pharmaceutical have been outperforming in the broader market. CEOs William Marth and Paul Bisaro both expect to see further growth.

  • Judge Recuses Himself From Stanford Case Friday, 20 Feb 2009 | 5:54 PM ET

    The judge in the SEC's civil suit against Stanford Financial has recused himself after determining that "a person within the third degree of relationship" to him has "substantial holdings" managed by one of Stanford's companies.

  • Madoff Trustee: No Securities Bought in 13 Years Friday, 20 Feb 2009 | 12:08 PM ET
    Bernie Madoff

    The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the disgraced financier bought securities for his clients.

  • Stanford Found in Virginia by FBI, Served Papers Thursday, 19 Feb 2009 | 4:53 PM ET
    R. Allen Stanford

    FBI agents served the complaint from the U.S. Securities and Exchange Commission on Texas billionaire Allen Stanford in Virginia, an FBI spokesman said on Thursday.

  • 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.

  • 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.

  • Alleged Ponzi-Schemer Cosmo Granted Continuance Friday, 13 Feb 2009 | 12:41 PM ET
    Nicholas Cosmo

    Nicholas Cosmo, the Long Island man accused by federal prosecutors of running a $380 million Ponzi scheme, was granted a 30-day continuance by United States District Court Judge Thomas E. Boyle on Friday.

  • 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." 

  • Alleged 'Mini-Madoff' Cosmo Due in Court on Friday Thursday, 12 Feb 2009 | 5:26 PM ET
    Nicholas Cosmo

    Nicholas Cosmo, the Long Island man accused of running a $380 million Ponzi scheme will appear in Federal Court in Central Islip, New York on Friday.

  • 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.

  • Full Lists of Madoff Clients, Brokers, Employees Thursday, 5 Feb 2009 | 1:45 PM ET

    The names of several thousand clients who lost money investing with Bernard Madoff have been released in a court filing that reads like a Who's Who: former Los Angeles Dodgers pitcher Sandy Koufax, actor Kevin Bacon and even Madoff's defense lawyer.

  • 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.

  • PCCW Buyout Vote Under Swirl of Suspicion Wednesday, 4 Feb 2009 | 12:44 AM ET

    PCCW is holding an extraordinary general meeting Wednesday in relation to a proposed $2.1 billion privatization bid. But the deal is under scrutiny amid claims that unknown parties may have tried to illegally influence the outcome of today's vote

  • 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.