Scott Cohn is a senior correspondent and lead investigative reporter at CNBC. A founding member of the CNBC team, he also appears on "NBC Nightly News with Brian Williams," "The Today Show" and on MSNBC.
Cohn is a three-time Emmy nominee—all for investigative reporting—as well as a two-time CableACE nominee.
He has reported some of CNBC's most acclaimed documentaries, including "Billions Behind Bars: Inside America's Prison Industry," which received a 2012 Edward R. Murrow Award from the Radio Television Digital News Association (RTDNA). His groundbreaking documentary, "Remington Under Fire: A CNBC Investigation," received a 2011 Gerald Loeb Award—the highest honor in business journalism—as well as top honors from IRE, the national organization of Investigative Reporters and Editors. His other documentaries include "Price of Admission: America's College Debt Crisis," "Secrets of the Knight: Sir Allen Stanford and the Missing Billions," "Filthy Rich" and "Health Care Hustle."
Cohn also leads CNBC's coverage of white collar crime and legal affairs. His coverage of the Bernard Madoff scandal earned a 2010 Loeb Award for breaking news coverage. Cohn also covered the Enron and WorldCom scandals, including the landmark trials of the companies' chief executives.
He has taken CNBC viewers across America and around the world. He developed the popular CNBC and CNBC.com annual series, America's Top States for Business, which ranks all 50 states for competitiveness. He has reported on the booming economy in Vietnam, investigated product safety in China and followed the trail of a rogue CEO to the African nation of Namibia.
In 2005, he covered Hurricane Katrina and its aftermath from New Orleans for CNBC and NBC News.
Before joining CNBC ahead of the network's launch in 1989, Cohn was an anchor and reporter for ABC affiliate WZZM in Grand Rapids, Mich. He has also worked as an anchor and reporter for NBC affiliate WEAU in Eau Claire, Wis., and for Wisconsin Public Radio and Television.
A native of Chicago, Cohn holds a degree in journalism from the University of Wisconsin, where he currently serves on the advisory board of the Center for Journalism Ethics. In 2005, the University honored him with its annual award for Distinguished Service to Journalism.
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Dozens of financial advisors for the defunct Stanford Financial Group, which sold millions of dollars worth of allegedly fraudulent certificates of deposit to unsuspecting customers, were added to a federal lawsuit by the court-appointed Receiver in the case.
The chief financial officer of accused swindler Allen Stanford entered a guilty plea on Thursday in a $7 billion fraud case as Stanford was rushed to the hospital with a rapid heart rate.
Accused fraudster Allen Stanford must remain in jail pending his trial, a federal appeals court said Monday. A federal judge in Houston ruled in June that Stanford, indicted on 21 criminal counts in an alleged $8 billion dollars, was a flight risk.
Stanford investors are suing five banks, including two in the US, that handled billions of dollars in customer deposits for Stanford International Bank in Antigua, the offshore bank at the heart of the alleged Ponzi scheme.
The industry self-regulatory organization that was supposed to police the brokers at the Stanford Financial Group acknowledges it received a tip from an employee in 2003 that the company was running a Ponzi scheme, but did not follow up on it because of the agency's own policy.
Several banks, including two in the U.S., face new scrutiny as investors and regulators try to sort out the alleged Stanford Ponzi scheme, CNBC has learned. At issue: what the banks and regulators knew about massive deposits and withdrawals from Stanford over the years.