Federal authorities say 6 peoploe have been arrested in Wall Street securities fraud case

September 5th, 2009 Report: Mozilo cites inaccuracies in SEC suitNEW YORK — The former CEO of Countrywide Financial Corp. is asking for the dismissal of the federal government's civil-fraud case against him, citing distorted evidence and the omission of company disclosures, according to a published report.

August 6th, 2009 Report: Former AIG CEO to settle fraud chargesNEW YORK — Former American International Group CEO Maurice "Hank" Greenberg is expected to pay a $15 million fine to settle fraud allegations brought by the Securities and Exchange Commission, according to The Wall Street Journal. Former chief financial officer Howard Smith is expected to pay a $1.5 million fine, the Journal said in a report on its Web site Thursday, citing anonymous people.

July 22nd, 2009 Ex-compliance officer pleads guiltyNEW YORK — The former chief compliance officer at a Greenwich, Conn.-based securities company has pleaded guilty to conspiracy to commit securities fraud and wire fraud. The plea was entered Tuesday by Deborah Duffy.

July 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.

July 15th, 2009 Feds: Fugitive NY broker caughtNEW YORK — Federal authorities say they have captured a former Wall Street broker who became a fugitive after being charged in a securities fraud case. Julian Tzolov (Zoh-LOHV') had been the subject of an international manhunt since he disappeared shortly before a trial scheduled in Brooklyn in June.

July 1st, 2009 Criminal charges filed against Beazer HomesATLANTA — Federal prosecutors in North Carolina have filed criminal fraud conspiracy charges against Beazer Homes USA. The Atlanta-based homebuilder has been under scrutiny for certain business and financial practices.

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 22nd, 2009 SEC charges firm, 4 people with fraudWASHINGTON — Federal regulators have charged a brokerage firm called Cohmad Securities and four people with securities fraud, accusing them of funneling billions of dollars from investors into Bernard Madoff's pyramid scheme. The Securities and Exchange Commission announced the civil fraud charges on Monday against Cohmad, its chairman, Maurice Cohn, chief operating officer Marcia Cohn and broker Robert Jaffe.

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.

May 1st, 2009 Stanford tries to surrender to federal authoritiesHOUSTON — R. Allen Stanford, accused by federal regulators in a civil complaint of running an $8 billion investment fraud, tried to turn himself in to federal marshals in Houston, but they didn't take him into custody because there is no warrant out for him.

April 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.

April 23rd, 2009 Lawyer: Guilty plea coming in bailout fraud caseNASHVILLE, Tenn. — A former financial adviser in Tennessee will plead guilty to criminal charges in the first fraud case related to the federal bank bailout program, his lawyer said Wednesday.

April 22nd, 2009 Criminal charges added in bank bailout fraud caseNASHVILLE, Tenn. — A defense lawyer says a former financial adviser in Tennesee will plead guilty to criminal charges in the first fraud case related to the federal bank bailout program.

April 22nd, 2009 Texas SEC official accused of hitting policeFORT WORTH, Texas — Police in Fort Worth say a top SEC official prosecuting Texas billionaire R. Allen Stanford's fraud case has been accused of assaulting an officer.