Investors sue Fla. lawyer in fraud probe for $100M AP (November 20, 2009) MIAMI (AP) - Investors claiming they were fleeced by a high-profile South Florida attorney filed a $100 million lawsuit Friday contending that the lawyer orchestrated a massive Ponzi scheme with the help of a Canadian bank's U.S. subsidiary and several accomplices.
Currencies trader sentenced to 24 years for fraud AP (November 19, 2009) CHATTANOOGA, Tenn. (AP) - A foreign currencies trader who cheated investors in more than 20 states to support a lavish lifestyle and buy presents for a girlfriend has been sentenced to 24 years in prison.
Texas company told to stop soliciting in Colo. AP (November 17, 2009) DENVER (AP) - A Colorado regulator has entered a cease-and-desist order against a Texas oil and gas company accused of offering unregistered securities in Colorado.
JPMorgan settlement with SEC worth over $700M AP (November 04, 2009) WASHINGTON (AP) - JPMorgan Chase & Co. has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.
Whistleblower recounts money problems at Petters AP (November 02, 2009) ST. PAUL, Minn. (AP) - The longtime aide of a businessman accused of operating a $3.65 billion Ponzi scheme is testifying that he was struggling to find new money and hold off nervous investors.