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.
US charges firms defrauded deaf phone fund AP (November 19, 2009) WASHINGTON (AP) - Federal prosecutors have charged more than two dozen people with scheming to steal millions from a telephone program for the deaf.
Ex-Alaska lawmaker wants conviction dismissed AP (November 18, 2009) ANCHORAGE, Alaska (AP) - A lawyer for a former state lawmaker argued Tuesday that his client's corruption conviction should be thrown out because the same federal prosecutors in former U.S. Sen. Ted Stevens' case withheld evidence in his trial.
NYPD raids circulation offices of 4 NYC newspapers AP (November 17, 2009) NEW YORK (AP) - A law enforcement official says the New York Police Department raided circulation offices at some of the nation's largest newspapers as part of a union corruption probe.
Govt may get billions under Forbes' divorce decree AP (November 17, 2009) BRIDGEPORT, Conn. (AP) - The federal government might get to collect billions of dollars in court-ordered restitution under a new divorce decree between imprisoned former Cendant Corp. chairman Walter Forbes and his wife of 27 years.
Ex-congressman gets 13 years in freezer cash case AP (November 13, 2009) ALEXANDRIA, Va. (AP) - A former Louisiana congressman who famously stashed cash in his freezer was sentenced Friday to 13 years in prison for taking hundreds of thousands in bribes in exchange for using his influence to broker business deals in Africa.
Judge sentences Wis. man for defrauding NY Times AP (November 13, 2009) MADISON, Wis. (AP) - A former New York Times distributor has been sentenced to 18 months in federal prison for defrauding the newspaper company out of $334,000.
Denver man accused in $12.5 million Ponzi scheme AP (November 11, 2009) DENVER (AP) - A Denver man allegedly defrauded people in a national Ponzi scheme involving more than $12 million that was supposed to go real estate investments, the Colorado securities commissioner said.
Ex-NYC top cop out of jail for holidays AP (November 10, 2009) WHITE PLAINS, N.Y. (AP) - Former New York City Police Commissioner Bernard Kerik, the one-time candidate for Homeland Security chief whose admitted his guilt to federal crimes, has left jail after a judge said he could be released for the holidays.
Court worries about stifling prosecutors AP (November 04, 2009) WASHINGTON (AP) - The Supreme Court on Wednesday seemed worried that allowing people to sue prosecutors who fabricate evidence to win convictions might chill other prosecutions - even if those prosecutors are doing their jobs correctly and honestly.
NY prosecutors ask billionaire's bail stay high AP (November 04, 2009) NEW YORK (AP) - Federal prosecutors in New York say a billionaire hedge fund manager charged in a $25 million insider trading case must remain held under a $100 million bail because he has the money and the incentive to flee.
Omnicare will settle kickback cases for $98M AP (November 03, 2009) NEW YORK (AP) - Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
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.
Mo. benefits manager gets prison for embezzlement AP (October 30, 2009) ST. LOUIS (AP) - A former benefits manager for a union local in St. Louis County has been sentenced to 27 months in prison for embezzling $341,000 from the union's benefit plans.
Prosecutors: Madoff accountant to enter plea AP (October 30, 2009) NEW YORK (AP) - Disgraced financier Bernard Madoff's longtime auditor is expected to plead guilty next week in a cooperation deal, federal prosecutors told a judge Friday.
Feds taking action against reverse mortgage lender AP (October 30, 2009) HONOLULU (AP) - The U.S. Department of Housing and Urban Development is taking action against a reverse mortgage lender in Hawaii.
Ohio agency rules against former AG aide AP (October 30, 2009) COLUMBUS, Ohio (AP) - The Ohio Bureau of Workers' Compensation has ruled that a former top aide to fallen Attorney General Marc Dann committed attempted fraud.
Fed court: No drug money case against Fla. lawyer AP (October 27, 2009) ATLANTA (AP) - In a first of its kind ruling, a federal appeals panel has sided with a prominent Miami defense lawyer who was accused of a crime for giving advice to attorneys for an accused Medellin cocaine cartel kingpin.