MIAMI— A former executive at TD Bank pleaded guilty Thursday to a federal conspiracy charge for providing false assurances to investors who put their money in ex-lawyer Scott Rothstein's $1.2 billion Ponzi scheme. In addition, TD Bank earlier this year paid a $67 million civil judgment to a group of Texas investors who sued the bank. Prosecutor Lawrence...» Read More
The federal agency is aggressively responding to a series of what it sees as hostile attempts by private sector firms to access its website at times when market-moving economic data are released to the public.
U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
The investigation into the $300 million art heist from a Boston museum in 1990 has heated up after authorities searched the house of a mob suspect. The Gardner Museum is offering a $5 million reward.
How some gangs are moving beyond drugs and street crimes and into financial crimes like mortgage fraud.
Conrad Black is released from prison after serving nearly half of his original six-year sentence for defrauding investors.
Scam artist Nicholas Cosmo says even as his latest scheme was imploding and putting the life savings of 4,000 people at risk, he thought he was “helping people.”
According to a 2011 Federal Bureau of Investigation report, securities and commodities fraud investigations have increased by more than 50 percent since 2008. Here's how you can protect yourself.
A man who set up accounts for funds from a “boiler room” share scam has been jailed for four-and-a-half years after being convicted of three counts of money laundering, the Financial Times reports.
With each passing SEC suit against a once high-flying U.S. traded Chinese company, it becomes striking how pervasive the alleged fraud was in some of these companies.
Imprisoned Ex-Tyco CEO Dennis Kozlowski begged for mercy from a parole board last week, before learning later that his plea had been rejected, a newly-released transcript of the proceeding showed Wednesday, USA Today reports.
Home ownership may be the largest purchase of your lifetime, but if you don’t do your homework before signing on the dotted line, it can end up being your worst financial nightmare.
Foreclosures and delinquencies have soared over the last few years, and the FBI says that has resulted in an increase in mortgage fraud schemes against distressed homeowners.
Peer-to-peer lending is gaining in popularity. Find out how to protect yourself against scams like the one a former mortgage broker in Hawaii pulled on his victims.
How to make sure the work of art you’re buying isn’t a forgery.
Before anyone had heard of Bernie Madoff, Minnesota businessman Tom Petters carried out the largest Ponzi scheme in U.S. history.
Rajaratnam tapped a vast network of Wall Street insiders to funnel him inside information. Read on to go inside this Wall Street scandal!
KNTV's Scott Budman reports Sprint has walked away from a major deal with MetroPCS; Japanese regulators say AIJ Investment Advisors lost $2 billion dollars in pension assets it managed; shares of Kenneth Cole Productions soared after Kenneth Cole himself offered to buyback shares of the company; Starboard Value doesn't like the way AOL is being run, so it filed to nominate five people to the board; and shares of TiVo slid 3% after it issued a downbeat forecast.
We hear about it almost every day—investors across the country are being ripped off through fraud schemes. Learn the warning signs and how to protect yourself against individuals who are only interested in making your money theirs.
FBI agents have arrested research analyst John Kinnucan at his Oregon home on Thursday evening, and is being detained overnight.