Shares in India's Mahindra Satyam slid for a second day on Thursday after police said an accounting fraud embroiling the outsourcing company could ...
WASHINGTON (Reuters) - U.S. regulators are increasingly looking beyond stocks in their insider trading investigations to examine derivatives and credit default swaps, a ...
Petters says he planned to tell government about massive fraud; defense rests its case A Minnesota businessman accused of running a Ponzi scheme and defrauding investors out of billions of dollars said Friday that a 2008 raid by federal agents on his ...
Three yachts owned by Wall Street swindler Bernard Madoff, his wife's Mercedes and another boat belonging to his finance chief have been sold for two million dollars, auctioneers said Wednesday. Proceeds will be used by the government to compensate victims of Madoff's ...
MIAMI (Reuters) - Four boats seized by U.S. authorities from imprisoned swindler Bernard Madoff and his right-hand man, Frank DiPascali, sold for nearly $2 million at auction on Tuesday, the U.S. Marshals Service said. A 61-foot (19-meter) Viking Convertible motor yacht that ...
US authorities announced Tuesday the creation of a new interagency task force to crack down on financial fraud, saying its mission was to prevent "another meltdown." President Barack Obama's new Financial Fraud Enforcement Task Force replaces a corporate fraud task force established ...
Obama administration launches new financial fraud task force, will partner with state AG's The Obama administration has formed a new task force to target financial fraud — replacing an earlier corporate fraud task force. Attorney General Eric Holder says the new group ...
Wall Street fraudster Bernard Madoff's former right-hand man has been released from federal prison but remains in custody, officials said Tuesday, after confusion over his whereabouts. He had been held in New York City but is now held in nearby Westchester County ...
Bernard Madoff's right-hand man during decades of massive fraud on Wall Street has been released despite having previously been denied bail, according to prison officials. The Federal Bureau of Prisons database shows that Frank DiPascali, 53, was released on November 12. No ...
WASHINGTON (Reuters) - The Obama administration created a new task force on Tuesday to crack down on financial fraud, an increasingly important political issue after a spike in mortgage scams and big Wall Street trading scandals. President Barack Obama signed an executive ...
NEW YORK (Reuters) - Frank DiPascali, swindler Bernard Madoff's right-hand man who admitted helping his boss run a decades-long multibillion dollar fraud, was moved from a New York jail to another north of the city five days ago, officials said on Tuesday. ...
HOUSTON (Reuters) - Some of alleged swindler Allen Stanford's investors, including baseball star Johnny Damon, will see their funds returned after a U.S. appeals court ruled the receiver in the fraud case may not sue them. Ralph Janvey, the receiver in the ...
