NY businessman accused of bid to fund Afghan training camp pleads guilty to terror financingSeptember 30th, 2009 NY businessman pleads guilty to terror financingNEW YORK — A New York businessman accused of trying to funnel money to a terrorist training camp in Afghanistan pleaded guilty Tuesday to charges of terrorism financing and conspiracy to commit wire fraud. Abdul Tawala Ibn Ali Alishtari entered his plea before a federal judge in Manhattan.
Tell me, Bernie: phone exchange between Madoff, top SEC official is illuminatingSeptember 4th, 2009 Questioning Madoff on the phoneThe new report by the inspector general of the Securities and Exchange Commission on the agency's failure to detect Bernard Madoff's multibillion-dollar fraud over 16 years is packed with disclosures and tantalizing details. Here, for example, is a snippet of a phone conversation in December 2003 between Lori Richards, then the director of the SEC's inspections office, and Madoff.
Del. man who fled to Central America with 3 daughters pleads guilty to fraud, kidnappingSeptember 3rd, 2009 Del. dad pleads guilty in international kidnappingWILMINGTON, Del. — A Delaware optometrist who fled to Central America in a motor home with his three young daughters has pleaded guilty to federal kidnapping and bank fraud charges.
Retired police sergeant pleads guilty to 2 'Grandpa Bandit' bank robberies in Calif.August 20th, 2009 Ex-cop pleads guilty to 2 Calif. bank robberiesRIVERSIDE, Calif.
Man pleads guilty to smuggling 27 million cigarettes from South Fla. to European UnionAugust 14th, 2009 Man pleads guilty to smuggling cigarettes abroadMIAMI — Authorities say an American has pleaded guilty to smuggling more than 27 million cigarettes from the U.S. into some European Union countries.
Ex-compliance boss at Conn. securities firm pleads guilty to conspiracy to commit $131M fraudJuly 21st, 2009 Ex-compliance officer at Conn. firm pleads guiltyNEW YORK — The former chief compliance officer at a Connecticut securities company has pleaded guilty to conspiracy to commit securities fraud and wire fraud.
Hedge fund manager Merkin to sell art trove for $310M, could eventually help Madoff victimsJune 30th, 2009 Madoff 'feeder' Merkin parts with art troveNEW YORK — A hedge fund manager being sued over his role the Bernard Madoff scandal is selling off $310 million worth of art. Financier J.
British hedge fund manager, chief investment officer settle US market-timing caseJune 29th, 2009 UK fund manager settles US market-timing caseWASHINGTON — A London-based hedge fund manager and its chief investment officer have agreed to a nearly $18 million settlement resolving U.S. regulators' allegations that one of its funds defrauded U.S.
Lawyer Dreier set to plead guilty to $700 million fraudMay 12th, 2009 Lawyer set to plead guilty to huge fraudNEW YORK — A prominent Manhattan lawyer has pleaded guilty to defrauding hedge funds of more than $400 million. Fifty-eight-year-old Marc Dreier on Monday pleaded guilty to conspiracy to commit securities and wire fraud, securities fraud, wire fraud and money laundering.
Calif. businessman pleads guilty in NY probe of influence peddling at public pension fundsMay 12th, 2009 Businessman pleads guilty in NY pension probeNEW YORK — A California businessman has pleaded guilty to securities fraud in connection with an investigation of alleged corruption at New York's public pension fund. The attorney general's office said Tuesday Julio (HOO'-lee-oh) Ramirez entered into a corrupt agreement with a top political aide to former New York Comptroller Alan Hevesi (HE'-vuh-see) to ensure that his company's clients got a slice of pension fund investments.
Lawyer Dreier pleads guilty to defrauding hedge funds of more $400 millionMay 12th, 2009 Lawyer pleads guilty to huge fraudNEW YORK — A Prominent Manhattan lawyer has pleaded guilty to defrauding hedge funds of more than $400 million. Fifty-eight-year-old Marc Dreier on Monday pleaded guilty to conspiracy to commit securities and wire fraud, securities fraud, wire fraud and money laundering.
NY Trustee in Madoff scandal sues hedge fund manager for more than $500 millionMay 8th, 2009 Madoff NY trustee sues fund managerNEW YORK — The trustee overseeing the liquidation of Bernard Madoff's assets sued a prominent hedge fund manager for more than $500 on Thursday, claiming he was aware the disgraced financier was a swindler. The complaint filed in bankruptcy court in Manhattan called J.
Prosecutors: Tenn. financier who embezzled $11M pleads guilty in first bank bailout fraud caseApril 30th, 2009 Tenn. financier pleads guilty in bank fraud caseNASHVILLE, Tenn. — Prosecutors say a Tennessee financial adviser has pleaded guilty to criminal charges in the first fraud case related to the federal bank bailout program.
Beverly Hills investment manager has assets frozen in $38 million hedge fund fraud caseApril 30th, 2009 SoCal fund manager has assets frozen in fraud caseLOS ANGELES — A federal judge on Wednesday froze the assets of a Beverly Hills hedge fund manager accused by the Securities Exchange Commission of duping investors out of $38 million by misleading them about his funds' performance, the commission said in a statement. U.S. District Judge Valerie Baker Fairbank's injunction also prohibited Bradley L.
Beverly Hills investment manager has assets frozen in hedge fund fraud caseApril 30th, 2009 Calif. fund manager's assets frozen in fraud caseLOS ANGELES — A federal judge has frozen the assets of a Beverly Hills hedge fund manager accused by the Securities Exchange Commission of duping investors out of $38 million. The injunction issued by U.S.
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