Feds decide against death penalty for Gitmo inmate accused in US embassy bombingsOctober 5th, 2009 Feds: No death penalty for US embassy bomb suspectNEW YORK — The U.S. government has decided not to seek the death penalty against a Guantanamo detainee charged in the 1998 bombings of two U.S.
Italian police nab crime clan fugitive vacationing in Sicilian beach town with wife and kidsAugust 18th, 2009 Police nab fugitive on Sicilian holidayROME — Police say they arrested a fugitive mobster while he was vacationing with his family at the Sicilian seaside. Paolo De Stefano has been one of Italy's 30 most dangerous fugitives since 2005.
Feds charge 41 in Fla. mortgage fraud schemes involving $40 million in 6 different casesJuly 28th, 2009 Feds charge 41 in Fla. mortgage fraud schemesMIAMI — Federal prosecutors say 41 people have been charged in the latest round of South Florida mortgage fraud schemes.
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.
Federal authorities say 6 peoploe have been arrested in Wall Street securities fraud caseJuly 8th, 2009 6 arrests in Wall Street fraud caseNEW YORK — Federal authorities say six people have been arrested in a securities fraud investigation involving a Wall Street brokerage firm. The case involves an alleged $140 million scheme that spanned a decade.
Feds charge 53 for Medicare fraud in Detroit and MiamiJune 24th, 2009 Feds indict 53 for Medicare fraudWASHINGTON — Federal authorities indicted 53 people on Wednesday for schemes to cheat Medicare out of $50 million. Suspects were arrested in Detroit, Miami, and Denver as part of a wide-ranging effort by the government to crack down on those allegedly defrauding the government-funded health care program for the elderly and disabled.
Feds: Owner of Seattle-area Thai restaurant chain paid 4 workers to enter sham marriagesJune 23rd, 2009 Feds: Seattle restaurateur paid 4 workers to marrySEATTLE — The owner of a Seattle area chain of Thai restaurants has been charged with paying four workers to enter into sham marriages allowing three of her relatives and another Thai national to stay in the U.S. Varee Bradford, who operates five Thai Ginger restaurants was arrested Tuesday on one count of immigration fraud conspiracy and three counts of immigration document fraud.
SEC charges Cohmad firm, four people with fraud in raising billions from investors for MadoffJune 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.
Feds: Disgraced exec and wife divorcing in Conn. to avoid paying $3.2 billion in restitutionJune 18th, 2009 Feds: Exec's divorce a ploy to dodge $3.2B payoutBRIDGEPORT, Conn. — Federal prosecutors in Connecticut say a former executive involved in a major accounting scandal is trying to divorce his wife to get out of paying $3.2 billion in restitution.
Feds charge 2 Calif. men of running $85 million Ponzi scheme targeting Korean-AmericansJune 10th, 2009 Feds accuse 2 Calif. men of conducting $85M schemeSAN FRANCISCO — Federal regulators have accused two Northern California men of conducting an $85 million Ponzi scheme that targeted Korean-Americans, pledging to deliver spectacular returns from foreign currency trading.
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.
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.
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.
Top SEC prosecutor in Stanford fraud case accused of hitting Texas police during arrestApril 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.
Criminal charges added in first bank bailout fraud case; Lawyer says guilty plea plannedApril 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.
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