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Topic: Corporate Fraud
Monday, 2 Nov 2009 | Posted By: Scott Cohn | Source: CNBC.com
Newly released documents in the Bernard Madoff case paint a detailed picture of a feckless Securities and Exchange Commission, and an epic scam artist who was constantly amazed he did not get caught.
Monday, 2 Nov 2009 | Source: The Associated Press
It's no longer "Sir" Allen Stanford. The panel that approves candidates for knighthood in the Caribbean nation of Antigua and Barbuda has voted to rescind the honor granted to Texas financier R. Allen Stanford in 2006.
Friday, 30 Oct 2009 | Source: The New York Times
The first tip from inside Intel reached Raj Rajaratnam more than a decade ago — from the same source who has now turned against him in the biggest insider-trading case in a generation, says the New York Times.
Wednesday, 28 Oct 2009 | Posted By: Scott Cohn | Source: CNBC.com
The court-appointed receiver who is trying to unwind the alleged Allen Stanford Ponzi scheme says he has identified $1.5 billion in assets that could be returned to victims.
Wednesday, 28 Oct 2009 | Posted By: Scott Cohn | Source: CNBC.com
The trustee overseeing the Madoff bankruptcy says the Securities Investor Protection Corporation has paid a record $534 million to Madoff investors, but that amount pales in comparison to the $21.2 billion he now says was stolen in the giant Ponzi scheme.
Tuesday, 27 Oct 2009 | Source: The New York Times
In the sprawling European subsidy program - which lavishes more than 50 billion euros ($75 billion at current exchange rates) a year in agricultural aid - no commodity is more susceptible to fraud, chicanery and rule-bending, experts say, than simple household sugar.
Sunday, 25 Oct 2009 | Posted By: Scott Cohn | Source: CNBC.com
Eight months after he seized control of what was left of their life's savings, a court-appointed attorney in Dallas has finally met with investors in the alleged Stanford Ponzi scheme, CNBC has learned.
Thursday, 22 Oct 2009 | Source: The New York Times
Roomy Khan, the central witness who brought down the Galleon hedge fund, is a former Galleon employee with a history of financial trouble who agreed to cooperate with prosecutors after she was caught making trades using inside information, the New York Times reports.
Wednesday, 21 Oct 2009 | Source: The New York Times
If Mr. Raj Rajaratnam was trading on insider information, as authorities claim, apparently he was not very good at it, the New York Times reports.
Wednesday, 21 Oct 2009 | Posted By: Jeff Cox | Source: CNBC.com
Galleon Group is winding down its hedge fund holdings, the company's embattled CEO Raj Rajaratnam said in a statement.
Monday, 19 Oct 2009 | Source: CNBC.com
When former Enron CEO Jeff Skilling appeals to the Supreme Court the 2006 conviction that sent him to prison for a 24-year sentence, his defense will argue that the "honest services" statute under which he was convicted lacks clarity, Skilling's attorney Daniel Petrocelli told CNBC Monday.
Monday, 19 Oct 2009 | Source: CNBC.com
The decade that brought us the Enron scandal, the Madoff scandal, the subprime scandal, the Stanford scandal and the great bailout scandal has just two months to run and we have another scandal, the Rajaratnam scandal.
Wednesday, 14 Oct 2009 | Posted By: Scott Cohn | Source: CNBC.com
Federal prosecutors say they can be ready to try accused fraudster Allen Stanford a year from now, but the Judge in the case has agreed to hold off on setting a trial date for at least 60 days, after defense attorneys said they needed more time to review the millions of documents in the case.
Tuesday, 13 Oct 2009 | Posted By: Robin Knight | Source: CNBC.com
William Browder, the founder of Hermitage Capital Management, found a new way to get his allegations of Russian corruption out to the public: YouTube.
Friday, 2 Oct 2009 | Source: The New York Times
One big investor in Bernard L. Madoff’s Ponzi scheme was having trouble getting his money back from Mr. Madoff at least as early as September 2003, according to a court filing on Thursday by the trustee liquidating the Madoff assets.
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Posts |  TOPIC : Corporate Fraud
26 Oct 2009
Warren Buffett tells the BBC the American public can't be blamed for its anger over the damaging economic fallout from the last fall's near-collapse of the global financial system, especially since no one has been held criminally responsible.... Read More
5 Jun 2009
Picking up on my previous blog comparing Angelo Mozilo's private emails and public comments in 2006, which are part of the basis of an SEC civil case, one of the most interesting aspects of looking back is how analysts treated Countrywide management... Read More
5 Jun 2009
The SEC has released portions of emails it claims Angelo Mozilo wrote in 2006, part of its case of fraud and insider trading against the former Countrywide CEO... Read More
22 May 2009
Last week I told you about a new book that really made me laugh – it’s called GET RICH CHEATING: The Crooked Pat To Easy Street published by Harper Collins - today the commercial.... Read More
VIDEO | TOPIC : Corporate Fraud
CNBC's Mary Thompson reports that Madoff CFO Frank DiPascali was released on bail last Thursday, the day before two comp...


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