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  • Madoff Investors Ordered to Return False Profits Friday, 24 Apr 2009 | 2:21 PM ET
    Bernard Madoff

    The trustee unraveling Bernard Madoff's Ponzi scheme is threatening legal action to recover $735 million from investors who unwittingly made money off the swindle.

  • Stanford Asks Court To Release Funds for Defense Sunday, 19 Apr 2009 | 2:15 PM ET

    Accused fraudster Allen Stanford is asking a federal court to lift a freeze on $10 million of his assets to pay for his legal defense.

  • Stanford Receiver Sues 66 Former Employees Thursday, 16 Apr 2009 | 2:29 AM ET

    The court-appointed receiver in the case of Texas financier R. Allen Stanford is suing 66 former employees of the firm, trying to recover $40 million dollars for victims of the alleged scam.

  • Madoff Victims Can Force Him Into Bankrutpcy: Judge Friday, 10 Apr 2009 | 4:54 PM ET
    Bernie Madoff

    A Manhattan judge has given investors a green light to go after Bernard Madoff's personal property by forcing the disgraced financier into bankruptcy.

  • Law Student Suing Peter Madoff Has New Adversary Tuesday, 7 Apr 2009 | 9:35 PM ET

    The Long Island law student who is suing Bernie Madoff''s brother over the loss of his trust fund has a new and unlikely adversary: the bankruptcy trustee who is representing Bernie Madoff's creditors.

  • SEC to Consider About 4 Short Sale Proposals Monday, 6 Apr 2009 | 10:13 PM ET

    U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.

  • Australia Watchdog Sues Fortescue over China Deals Thursday, 2 Apr 2009 | 11:45 PM ET

    Australia's markets watchdog is suing the country's third-largest iron ore miner, Fortescue Metals, and its chief, Andrew Forrest, accusing them of misleading investors over several Chinese deals struck in 2004.

  • Former Enron CEO Resentencing Is Set for July 30 Friday, 27 Mar 2009 | 1:02 PM ET

    Former Enron CEO Jeffrey Skilling will be resentenced July 30, after an appeals court earlier this year ruled his 24 year sentence was too harsh.

  • SEC Watchdog Faults Handling of Naked Short Complaints Wednesday, 18 Mar 2009 | 10:30 PM ET

    A new report from SEC Inspector General David Kotz says the agency is not doing enough to address complaints about abusive, "naked" short selling.

  • Madoff Investors Getting Some Relief From IRS Tuesday, 17 Mar 2009 | 10:42 AM ET

    The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff that turned out to be nonexistent.

  • Juror Gets Caught Sending 'Tweets', Prompting Appeal Friday, 13 Mar 2009 | 12:31 PM ET
    Twitter

    A building materials company and its owner have appealed a $12.6 million verdict against them, alleging that a juror was posting related messages on Twitter.com while hearing the case.

  • Exxon Liable for Gas Spill; Jury Awards $150 Million Thursday, 12 Mar 2009 | 5:34 PM ET

    A jury awarded about $150 million to 91 families Thursday who sued Exxon Mobil over wells contaminated by a gasoline leak north of Baltimore.

  • Madoff's Victims: What They Say About Swindler Thursday, 12 Mar 2009 | 3:52 PM ET

    Bernard Madoff pled guilty to eleven charges stemming from his alleged $64 billion Ponzi scheme today. His victims were given a chance to speak in court, though some did not in spite of their lingering questions.

  • Bernard Madoff's Statement to the Court Thursday, 12 Mar 2009 | 2:44 PM ET

    Here is the text of Bernard Madoff's prepared plea allocution statement, delivered Thursday in U.S. District Court in New York

  • '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

    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.