White Collar

  • July 9, 2008

    Pratt Demands Cartel Probe Docs From ACCC

    Australian billionaire Richard Pratt of Visy Holdings Ltd., who faces charges he lied to the country's competition regulator during a cartel probe of the cardboard industry, has reportedly subpoenaed the chairman of the watchdog for documents connected to the price-fixing investigation.

  • July 8, 2008

    Alaska Court Reinstates Greenpeace Captain Verdict

    An Alaska appeals court reinstated a jury verdict for criminal negligence against a Greenpeace Inc. ship captain Thursday and remanded the case to the district court for post-trial motions.

  • July 7, 2008

    Couple Settles SEC's Insider Trading Allegations

    Several months after pleading guilty to criminal insider trading charges, a former Morgan Stanley & Co. financial analyst and her husband have agreed to pay $884,829 to put to rest civil claims of insider trading brought by the U.S. Securities and Exchange Commission.

  • July 3, 2008

    Scruggs' Son Jailed For 14 Months In Bribery Case

    David Zachary Scruggs has followed in the footsteps of his infamous father again – this time to jail – after admitting his role in a plan to bribe a judge.

  • July 3, 2008

    Judge Sentences Ex-Refco CEO To 16 Years In Jail

    Former Refco Inc. Chief Executive Phillip Bennett was sentenced Thursday to 16 years in prison for masterminding the massive fraud that brought down the world's largest commodities brokerages.

  • July 3, 2008

    Pfizer Employee Avoids Prison in Embezzlement Case

    Hollis Rosendale, a former executive assistant with pharmaceutical company Pfizer Inc., has avoided jail time but must return close to $130,000 she embezzled from the company.

  • July 3, 2008

    Third Airbus Exec Charged With Insider Trading

    Former Airbus Co. chief executive Gustav Humbert was charged on Wednesday with insider trading at the company's corporate parent EADS NV.

  • July 2, 2008

    IBM Sales Director Accused Of Stealing Trade Secrets

    A former IBM employee is facing felony charges for theft of trade secrets in the U.S. District Court for the Northern District of California.

  • July 2, 2008

    Jury Lets One Fen-Phen Lawyer Off The Hook

    One of three lawyers accused of keeping millions of dollars meant for plaintiffs in a class action settlement over the diet drug fen-phen has been acquitted, but a federal jury is still deliberating on the fate of the two other lawyers.

  • July 2, 2008

    Israel, Not Dead, Surrenders To Authorities

    Samuel Israel III surrendered to Southwick, Mass., authorities Wednesday morning, a few weeks after faking his suicide in an attempt to avoid serving a 20-year sentence for spearheading a $450 million fraud at the bankrupt Bayou Group LLC hedge fund.

  • July 1, 2008

    Guilty Plea Entered In Home Depot Kickback Probe

    A former Home Depot employee pled guilty Monday to participating in a five-year kickback scheme with vendors and fellow employees that totaled more than $2.5 million in secret payoffs.

  • June 27, 2008

    U.S. Jail Time Suspended For British Cartel Members

    A district judge has suspended the U.S. sentences of three energy executives serving prison terms in the United Kingdom for participating in an international marine hose cartel.

  • June 27, 2008

    Body Parts Mastermind Sentenced To 18-54 Years

    The alleged mastermind behind a multimillion-dollar human tissue theft conspiracy was sentenced Friday to 18 to 54 years in prison.

  • June 26, 2008

    Airlines Agree To Pay $504M In Price-Fixing Probe

    Five airlines will plead guilty and pay $504 million in fines as part of the U.S. Department of Justice's ongoing air-cargo price-fixing investigation, federal investigators said Thursday.

  • June 27, 2008

    Day Of Reckoning Arrives For Scruggs

    Famed plaintiffs lawyer Richard “Dickie” Scruggs will be spending the next five years behind bars, with a judge opting to slap him with the recommended maximum sentence for conspiring to bribe a Mississippi state judge.

  • June 25, 2008

    Adelphia Fraud Sentences Trimmed By Three Years

    A bid to lessen the prison sentences for Adelphia Communications Corp. founder John Rigas and his son Timothy paid off Wednesday, when a judge shaved three years off the time each man will spend in jail for fraud.

  • June 24, 2008

    Big Dig Contractor Enters Bankruptcy After Charges

    The contractor that received the most funds for Boston's Big Dig highway project entered bankruptcy on the first business day after federal prosecutors charged it for its allegedly poor work on and over-billing of wages.

  • June 24, 2008

    Broadcom Co-Founder Admits Lying To SEC

    Broadcom Corp. founder Henry Samueli may avoid jail after pleading guilty to a charge of lying to regulators during last year's probe of the massive stock options backdating scheme at the company, an admission that follows the recent sensational indictment of co-founder Henry T. Nicholas.

  • June 20, 2008

    ACCC Lobs Criminal Claims Against Visy Owner

    Australia's competition authority kicked off a criminal prosecution against the owner of Visy Holdings Ltd. on Friday, alleging that he gave the regulator false or misleading evidence during its investigation into a cardboard box cartel.

  • June 20, 2008

    UBS Banker Admits To Role In Tax Evasion Scheme

    A former UBS AG banker has admitted helping a billionaire client avoid U.S. taxes by hiding $200 million from the Internal Revenue Service in secret offshore accounts.