A former Citigroup Inc. vice president was released Monday on $800,000 bond after pleading not guilty in New York to bank fraud for allegedly looting $19.2 million from his employer's accounts in just a year and a half.
A New Jersey federal judge on Friday dismissed the bulk of a lawsuit implicating Winston & Strawn LLP and one of its disgraced former partners in Kenneth Ira Starr’s $60 million fraud scheme, but invited amended allegations.
A federal jury on Monday convicted former Ill. Gov. Rod Blagojevich on 17 counts of attempted extortion, wire fraud, bribery and other corruption charges, overwhelmingly siding with government allegations that he tried to sell President Barack Obama’s vacant U.S. Senate seat and orchestrated illegal shakedowns.
Hungary’s Magyar Telekom PLC said Friday it has agreed to settle a U.S. Securities and Exchange Commission probe into whether two of its affiliates made contract-related payments of more than €31 million ($44 million) in violation of the Foreign Corrupt Practices Act.
A California judge on Friday rejected Lenny Dykstra's request to shave his bail amount, saying that the former MLB star -- who faces bankruptcy fraud charges -- violated the terms of his temporary home detention last month by leaving his Los Angeles pad without court approval.
An opinion issued Thursday by New York state's highest appeals court gave the wealthy ex-wives of alleged Ponzi schemers something to cheer about.
The trustee overseeing the liquidation of Bernard Madoff's investment firm filed an amended complaint against JPMorgan Chase & Co. on Friday in New York, upping the amount of damages he seeks from $5.4 billion to $19 billion.
The Fifth Circuit on Friday upheld a $15 million disgorgement order against a Texas businessman — previously convicted of a $100 million life insurance scheme — for allegedly running a securities scam that targeted elderly investors.
Securities regulators on Thursday asked a New York federal court to impose nearly $10 million in penalties on a former Moody's analyst who allegedly provided acquisition tips to a source who funneled the information to hedge funds, including Galleon Group LLC.
Federal prosecutors told a Virginia federal court Thursday that the former chairman of defunct lender Taylor Bean & Whitaker Mortgage Corp. should spend the rest of his life in prison after being convicted of orchestrating a $2.9 billion bank and securities fraud.
Less than two years after jumping from Polsinelli Shughart PC to Roetzel & Andress LPA, health industry white collar attorney Michael F. Ruggio is moving to LeClairRyan PC's Washington office, the firm announced Friday.
Imprisoned ex-attorney Richard "Dickie" Scruggs on Thursday sought to nix his honest services conviction for trying to sway a Mississippi judge by promising him a federal bench appointment with the help of his brother-in-law, former U.S. Sen. Trent Lott, R-Miss.
The convicted former CEO of National Lampoon Inc. asked a California federal court on Thursday to dismiss a proposed shareholder class action claiming that the exposure of his pump-and-dump stock scheme cost investors millions of dollars.
Former media mogul Conrad Black must return to prison for more than a year for defrauding investors in Hollinger International Inc., an Illinois federal judge ruled Friday afternoon.
In my first major trial at the U.S. Attorney’s Office, I argued for the selection of the woman who became juror number two. One day all the jurors came back from lunch except her. Everyone waited for over an hour while a search was conducted. Finally the courtroom deputy walked in with a grin and handed the judge a note. He read it to himself, looked up and said, “Well, juror number two has been found.” Pause. “Asleep in Judge Platt’s closet." I spent the trial wondering if I might be better suited to a career as a shepherd, says Mark Kirsch, a partner in the New York office of Gibson Dunn & Crutcher LLP.
James Larrison, who was linked in a federal investigation to convicted Iranian arms trafficker Amir Hossein Ardebili, was sentenced by a Delaware federal judge Thursday to two years of probation for attempting to export controlled technology to Iran.
The Ninth Circuit on Thursday refused to dismiss corruption charges against former U.S. Rep. Rick Renzi, R-Ariz., who had argued the government's allegations should be barred based on a constitutional privilege that prevents lawmakers from facing legal action over legislative acts.
A computer hacker on Thursday pled guilty in New Jersey federal court to attacking servers at AT&T Corp. and stealing the email addresses of 120,000 iPad users.
Attorneys for four military equipment industry executives accused of bribing Gabon officials to win contracts took their final shots at the prosecution’s top informant as the trial closed in Washington on Thursday, alleging he was unsavory and unreliable.
The Senate Judiciary Committee passed a bill Thursday that would expand federal criminal jurisdiction to include contractors working abroad, but reached no conclusion on two circuit court judgeships and four district court judgeships.