×

Crime Investment Fraud

  • NEW YORK, May 25- A San Francisco investment fund manager pleaded guilty on Thursday to conspiring to defraud investors by fabricating an impressive investing track record, New York federal prosecutors announced. Nicholas Mitsakos, who ran a fund called Matrix Capital Markets, pleaded guilty to one count of conspiracy to commit securities fraud and wire...

  • NEW YORK, May 24- Five men, including a Washington political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan announced the arrests of political consultant David Blaszczak, founder of Precipio Health...

  • NEW YORK, May 24- Five men, including a Washington, D.C. political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan on Wednesday announced the arrest of political consultant David Blaszczak, founder of...

  • NEW YORK, May 24- A Washington, D.C., political consultant, a federal employee and three others have been charged with using confidential information from within a U.S. health agency to engage in an insider trading scheme. Federal prosecutors on Wednesday unsealed an indictment in Manhattan federal court against political consultant David Blaszczak, founder...

  • Federal prosecutors on Wednesday unsealed an indictment in Manhattan federal court against political consultant David Blaszczak, founder of Precipio Health Strategies; former U.S. Department of Health and Human Services employee Christopher Worrall; and Rob Olan and Ted Huber, listed as employees on the website of healthcare hedge fund Deerfield...

  • Computer hackers can be foiled if users take precautions when banking online.

    Here are nine easy ways to help keep your financial data out of the hands of cybercriminals.

  • BOSTON, May 23- A former Eaton Vance Corp portfolio manager pleaded guilty on Tuesday to an illegal options trading scheme that defrauded the company and allowed him to make $1.9 million in profits. Kevin Amell, who had been a vice president at the asset management company, pleaded guilty in Boston federal court to one count of securities fraud as part of a plea...

  • Vadym Iermolovych, 29, of Kiev, had been the first hacker to admit criminal wrongdoing, in what authorities have called the largest known hacking scheme to game financial markets, leading to more than $100 million of legal profit. District Judge Madeline Cox Arleo in Newark, New Jersey, one year after pleading guilty to conspiracy to commit wire fraud, conspiracy...

  • Vadym Iermolovych, 29, of Kiev, had been the first defendant to admit criminal wrongdoing, in what authorities have called the largest known hacking scheme to game financial markets, leading to more than $100 million of legal profit. District Judge Madeline Cox Arleo in Newark, New Jersey, one year after pleading guilty to conspiracy to commit wire fraud,...

  • BOSTON, May 22- A Massachusetts hedge fund manager has been arrested and accused of misappropriating millions of dollars from investors and engaging in a Ponzi-like scheme, U.S. authorities said. Yasuna Murakami, who managed Cambridge, Massachusetts- based MC2 Capital Management LLC, was arrested in Vermont on Saturday and charged in a criminal complaint with...

  • FRANKFURT, May 22- Deutsche Boerse Chief Executive Carsten Kengeter's defense team is negotiating with prosecutors to drop an insider trading investigation against him, German daily Handelsblatt reported on Monday. In return, the German stock exchange operator may face a fine of up to 10 million euros for delaying the announcement of its plans to merge with...

  • FRANKFURT, May 22- Deutsche Boerse Chief Executive Carsten Kengeter's defence team is negotiating with prosecutors to drop an insider trading investigation against him, German daily Handelsblatt reported on Monday. In return, the German stock exchange operator may face a fine for delaying the announcement of its plans to merge with the London Stock...

  • NEW YORK— For the second time in little more than a year, a TV film probes Bernie Madoff, the fraudster-financier who in 2008 made explosive news with his arrest for perpetrating a Ponzi scheme that ruined thousands of his clients at a cost of $60 billion or more. In February 2016, an ABC docudrama starred Richard Dreyfuss as Madoff and Blythe Danner as his...

  • The prosecutors in Anshan, northern China decided not to bring charges of fraudulent collection of funds against the businessman, named David Byrne, because they did not have enough evidence, according to an official order seen by Reuters. Reuters reported last year how the venture, known as EuroFX, allegedly scammed thousands of investors in China and other...

  • NEW YORK, May 8- A Manhattan jury on Monday convicted a former top executive of the now-defunct U.S. law firm Dewey& LeBoeuf of defrauding investors while acquitting another executive, roughly 19 months after an earlier trial ended with a hung jury. The former CFO, Joel Sanders, was convicted in Manhattan state court of securities fraud and conspiracy charges.

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • ISLAMABAD, April 27- Pakistan's financial regulator is escalating investigations against stockbrokers in a campaign to curb insider trading and illegal leveraging in the stock market, its executive director said in an interview. Pakistan's benchmark stocks index was one of the world's best performing last year and has returned more than 900 percent since...

  • NEW YORK, April 26- JPMorgan Chase& Co is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on Wednesday. The 2nd U.S. Circuit Court of Appeals in Manhattan said the customers failed to show that JPMorgan had enough "control" over...