White Collar

  • May 2, 2008

    Damages Expert For Milberg Pleads Guilty To Perjury

    A damages expert whom indicted law firm Milberg LLP has used in numerous securities class actions pled guilty in court Thursday to perjury for allegedly lying to judges about how he was being compensated.

  • May 1, 2008

    Mistrial Declared In Military Contract Fraud Case

    A judge has declared a mistrial in a case accusing a former U.S. government contractor employee of taking part in a conspiracy to defraud the military of more than $3.5 million by allegedly inflating the cost of supplying fuel tankers used in Kuwait.

  • April 30, 2008

    'Cutter' Convicted Of Stealing Human Tissue

    A New York judge has found a man guilty of charges of grand larceny, reckless endangerment and corruption in connection with a notorious multimillion-dollar human-tissue conspiracy.

  • April 30, 2008

    Ex-JP Morgan Muni Head Is Federal Target

    Records show that JP Morgan Chase & Co., which has been accused of anti-competitive behavior in the municipal securities market, knew that its municipal derivatives head had been targeted by a federal grand jury when the firm fired him in March.

  • April 30, 2008

    New Century Loan Officer Gets 3-Year Sentence

    A former loan officer at shuttered subprime mortgage lender New Century Financial Corp. has been sentenced to three years in prison and ordered to pay roughly $800,000 to the government and victims of a kickback scheme he operated for over four years, the U.S. Department of Justice announced Tuesday.

  • April 25, 2008

    Former Le-Nature Director Pleads Guilty To Fraud

    The former director of accounting for collapsed bottler Le-Nature Inc. pled guilty Thursday to bank and wire fraud, conspiracy and aiding in the preparation of false income tax returns in connection with an alleged massive scheme of deception.

  • April 24, 2008

    Former Investment Head Sentenced To Prison

    The former president and part owner of a Maryland-based investment advisory firm has been sentenced to more than five years behind bars for allegedly defrauding investors in order to line his own pockets with cash.

  • April 23, 2008

    DOJ Indicts Ex-Bristol-Myers Exec For Plavix Deal

    Nearly a year after drugmaker Bristol-Myers Squibb Co. agreed to plead guilty to charges stemming from a controversial patent deal over its blood-thinning drug Plavix, the U.S. Department of Justice has indicted the company's former vice president for allegedly making false statements about the agreement to government regulators.

  • April 22, 2008

    Mercury's Ex-CFO Charged With Backdating Scam

    U.S. prosecutors have charged Mercury Interactive Corp.'s former chief financial officer with involvement in a scam to backdate stock option grants that last year caused the company to shell out $117 million to placate angry shareholders.

  • April 22, 2008

    Canadian Co. Indicted In Military Fraud Case

    A Canadian night vision goggle maker and two of its executives have been indicted on allegations that they bribed a competitor to withdraw from a U.S. government supply contract so that they could step in and fill the void with inflated prices.

  • April 17, 2008

    Military Bid-Rigging Probe Elicits 7th Guilty Plea

    The U.S. Department of Justice's crackdown on bid-rigging in the military restraints industry has produced its seventh guilty plea, this time from another former employee of defense contractor Peck & Hale LLC.

  • April 17, 2008

    Ex-Manuli Exec Admits Role In Marine Hose Cartel

    A former executive of Manuli Rubber Industries SpA has become the latest to plead guilty and serve jail time for his role in the worldwide conspiracy to rig bids, fix prices and allocate market shares of marine hose in the U.S.

  • April 16, 2008

    Ex-Investment Co. CEO Gets 20 Years For Fraud

    The 71-year-old former president and CEO of investment company Pac Equities Inc. has been sentenced to 20 years in federal prison for defrauding more than 300 investors and ordered to pay $10.4 million in restitution to his victims.

  • April 16, 2008

    Japan Airlines To Pay $110M For Cargo Price-Fixing

    Japan Airlines International Co. Ltd. has agreed to plead guilty and fork over a $110 million criminal fine for its role in a conspiracy to fix rates for international cargo shipments, the U.S. Department of Justice said Wednesday.

  • April 15, 2008

    Two Charged In Switzerland Over Parmalat Collapse

    Two unidentified people have reportedly been charged by Swiss prosecutors over the collapse of Italy's dairy giant Parmalat SpA.

  • April 14, 2008

    Bayou Fund Boss Gets 20 Years In Prison

    A federal judge sentenced the co-founder of bankrupt hedge fund Bayou Group LLC to 20 years behind bars Monday for his role in a scheme that allegedly defrauded investors out of more than $450 million.

  • April 11, 2008

    Third Exec Charged Over United Rentals Fraud

    Former United Rentals Inc. Vice Chairman John Milne has been slapped with civil and criminal charges, with regulators and prosecutors alleging that Milne participated in a scheme to inflate the company's earnings.

  • April 10, 2008

    DOD Contractor Pleads Guilty In Bid-Rigging Suit

    A U.S. Department of Defense contractor has pled guilty to participating in a conspiracy that helped his rivals win competitive government fuel contracts in exchange for a cut of the profits, authorities said.

  • April 10, 2008

    Broker Admits Keeping Mum In Insider Trading Case

    A former Manhattan broker has pled guilty to agreeing to keep quiet in an alleged insider trading scheme that netted millions through inside information from Morgan Stanley & Co. and UBS Securities LLC.

  • April 1, 2008

    Skilling Pins Hopes On 5th Circuit Ruling

    When arguing before the U.S. Court of Appeals for the Fifth Circuit Wednesday, attorneys for convicted former Enron Corp. CEO Jeffrey Skilling will maintain that they should have had access to important evidence from a pivotal government witness and that Skilling's 24-year sentence is too harsh.