2 Southern California sisters get 6 years in federal prison for tax fraudOctober 6th, 2009 Calif. sisters get 6 years in prison for tax fraudRIVERSIDE, Calif. — Two Southern California sisters have been sentenced to six years in federal prison and ordered to pay $14 million in restitution for their role in defrauding the IRS.
Federal appeals court in NYC upholds Rigas' sentencingOctober 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.
Former California biotech executive convicted of fraud in marketing of Actimmune drugOctober 3rd, 2009 Calif. biotech exec convicted of marketing fraudSAN FRANCISCO — The former chief executive of the biotechnology company InterMune Inc. has been convicted of wire fraud in marketing the drug Actimmune.
Former Pa. Sen. Vince Fumo, convicted on fraud charges, starts 4½-year federal prison termAugust 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.
Convicted NJ senator Bryant reports to federal prison in West VirginiaAugust 25th, 2009 Convicted NJ lawmaker enters prisonLAWNSIDE, N.J. — Former state Sen.
Tennessee financial adviser sentenced to 10 years in 1st TARP bank bailout fraud caseAugust 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.
Judge chides former NJ senator for giving up his impartiality, sentences him to 4 yearsJuly 24th, 2009 Ex-NJ state senator gets 4 years for corruptionTRENTON, N.J. — A former New Jersey state senator convicted of bribery and pension fraud has been sentenced to four years in federal prison.
Feds charge 3 men in interstate jewelry store robbery ring, 2006 slaying of NY policemanJuly 20th, 2009 Feds charge 3 with robberies, NY officer's murderSYRACUSE, N.Y. — Federal authorities have filed conspiracy, robbery and murder charges against three men accused of a $1 million jewelry store robbery that left an upstate New York policeman dead.
Convicted swindler Bernard Madoff leaves Atlanta lockup for NC prisonJuly 14th, 2009 Madoff leaves Atlanta lockup, headed to NC prisonWASHINGTON — Disgraced financier Bernard Madoff has left a federal prison in Atlanta and is heading to his new home in a North Carolina prison. Federal Bureau of Prisons spokeswoman Linda Thomas on Tuesday said Madoff has left the penitentiary in Atlanta.
Ex-Pa. senator convicted of $3.5M fraud seeks new corruption trial, says jury was taintedJuly 3rd, 2009 Pa. senator guilty of $3.5M fraud seeks new trialPHILADELPHIA — A former Pennsylvania state senator convicted of a multimillion-dollar fraud is seeking a new trial on corruption charges, alleging the jury was tainted. A jury in March found Philadelphia Democrat Vincent Fumo defrauded the state Senate, a charity and a museum of $3.5 million.
Victims urge stiff term for Madoff at convicted swindler's sentencing in NYCJune 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.
Bernie Madoff sentenced to spend remainder of life in prisonJune 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.
Former newspaper mogul Conrad Black asks Chicago federal judge for bail pending fraud appealJune 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.
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.