Co-founder of Morgan-McClure Motorsports gets prison term for tax fraud, obstruction

October 5th, 2009 Appeals court in NYC upholds Rigas' sentencingNEW YORK — A federal appeals court in New York has upheld prison sentences given to a father and son who built Adelphia Communications into a cable television powerhouse. The 2nd U.S.

September 8th, 2009 BALCO lawyer released from prisonNEW YORK — The lawyer who leaked confidential grand jury testimony of Barry Bonds and other athletes to the San Francisco Chronicle five years ago was released from prison after serving 16 months of his 30-month sentence. Troy Ellerman was released Jan.

August 31st, 2009 Former Pa. powerbroker Fumo reports to prisonPHILADELPHIA — A former Pennsylvania state senator convicted on fraud charges has reported to federal prison in Kentucky. Vincent Fumo faces 4½ years in prison for defrauding the Senate and two nonprofits of several million dollars.

August 30th, 2009 Former Pa. state senator headed to prison MondayPHILADELPHIA — A former Pennsylvania state senator convicted on fraud charges is scheduled to report to federal prison in Kentucky on Monday. Sixty-six-year-old Vincent Fumo has been sentenced to 4½ years in prison for defrauding the Senate and two nonprofits of several million dollars.

August 25th, 2009 Calif. hedge fund manager pleads guilty to fraudLOS ANGELES — The founder and manager of two Beverly Hills hedge funds has pleaded guilty to federal fraud charges. Bradley Ruderman pleaded guilty Monday to two counts of wire fraud, two counts of investment adviser fraud and a misdemeanor count of failing to file income taxes in 2007.

August 7th, 2009 Tenn. man sentenced in bank bailout fraud caseNASHVILLE, Tenn. — The first person to be charged with fraud under the federal bank bailout has been sentenced to 10 years in prison.

July 30th, 2009 Miss. judge pleads guilty to lying to FBI agentABERDEEN, Miss. — A Mississippi judge known for prosecuting a white supremacist decades after a civil rights-era killing has pleaded guilty to obstruction of justice for lying to an FBI agent investigating corruption.

July 14th, 2009 Parole for man who escaped prison in a helicopterFORT MORGAN, Colo. — A man who escaped from a Colorado prison nearly 20 years ago in a helicopter hijacked by his wife has been paroled.

July 7th, 2009 Prosecutors: Former press lord shouldn't get bailCHICAGO — Former press lord Conrad Black should not be freed on bail while appealing to the U.S. Supreme Court his conviction for defrauding shareholders in his Hollinger International media empire, prosecutors said Monday.

June 30th, 2009 DC tax fraud ringleader gets 17 years in prisonWASHINGTON — A former Washington, D.C., employee has been sentenced to 17½ years in prison for leading a scheme that stole nearly $50 million from the city using fraudulent property tax refund checks. Former D.C. tax office manager Harriette Walters pleaded guilty in September to wire fraud, money laundering and other charges and has been jailed since her arrest in 2007.

June 29th, 2009 Victims testify at Bernard Madoff's sentencingNEW YORK — Bernard Madoff's fraud victims are urging a stiff sentence for the mastermind of a multibillion-dollar fraud scheme. U.S. District Judge Denny Chin said Monday that the federal probation department recommends that Madoff get 50 years in prison.

June 29th, 2009 Bernie Madoff joins long white-collar prison rollA look at some other figures serving time for their involvement in high-profile financial scandals: — Jeffrey Skilling, 55, Enron's former chief executive, sentenced in October 2006 to more than 24 years in prison for role in company's collapse. The 5th U.S.

June 23rd, 2009 Conrad Black seeks release on bail pending appealCHICAGO — Former newspaper mogul Conrad Black is asking a federal judge in Chicago to release him from a Florida prison while he appeals his fraud conviction to the U.S. Supreme Court.

May 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.

May 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.