The U.S. Department of Justice is reportedly in the early stages of investigating allegations that oil services company Schlumberger Ltd. paid bribes to a consulting firm to get an oil field contract with the Yemeni government.
Marcus Schrenker, a financial manager best known for trying to fake his own death in a plane crash, has been sentenced to 10 years in state prison for defrauding investors out of about $1.5 million.
A judge has sentenced a former executive at the Housing Authority of New Orleans to nearly four years in prison for embezzling more than $900,000 from the municipal agency.
The former chief operating officer of defunct Florida law firm Rothstein Rosenfeldt Adler PA has been sentenced to 10 years in prison for her role in disgraced former attorney Scott W. Rothstein's $1.2 billion Ponzi scheme.
A federal judge has ordered Florida investment adviser David Merrick to forfeit homes, cars and more than $4 million as part of a plea deal in what the government says was a Ponzi scheme that defrauded thousands of investors.
Shortly after I left the U.S. Attorney's Office for the Southern District of Florida, the U.S. Army invaded Panama. The Army found a shrine in General Manuel Noriega’s home with the names of former Attorney General Richard Thornburgh, Judge William Hoeveler and myself, with the intent to “curse” us. The government actually introduced the curse into evidence at General Noriega’s bond hearing as evidence of his danger to the community, says Mark P. Schnapp, co-chair of Greenberg Traurig LLP's white collar criminal defense practice group.
Kaye Scholer LLP has grown its white collar practice in Chicago with the addition of former Illinois inspector general Zaldwaynaka “Z” Scott from Mayer Brown LLP.
Authorities have arrested a syndicated talk radio host and two of her partners at an investment firm for their roles in a scheme that allegedly ripped off investors for nearly $7 million.
An actor who starred in the hit TV show "CHiPS" is among more than a dozen penny stock promoters facing civil and criminal charges over a scam to manipulate the volume and price of microcap stocks.
Conversion Solutions Holding Corp. executives accused of operating a pump-and-dump scheme have fired back at the government's case, saying prosecutors failed to squarely address claims that the use of their civil depositions in criminal proceedings violated their Fifth Amendment protections against self-incrimination.
A magistrate judge has recommended that Agility DGS Holdings Inc. be dismissed without prejudice from a criminal case accusing its parent company of inflating military contracts and costing the U.S. nearly $70 million, leaving the door open for the U.S. to indict Holdings again.
A former assistant U.S. attorney for the Southern District of New York who prosecuted the case against admitted Ponzi schemer Arthur G. Nadel has joined Paul Hastings Janofsky & Walker LLP's litigation department.
The ratcheting up of white collar sentences by politicians who feel they need to show they are doing "something" has resulted in a system with absurd punishments, says Barry Boss, co-chair of the white collar criminal defense practice at Cozen O’Connor.
A federal judge has sentenced a former California sureties broker to 18 months in prison for bilking a New Jersey company out of roughly $800,000, according to the U.S. attorney's office.
A federal judge has denied a bid by Joseph Nagle to force prosecutors to exclude from trial evidence that the indicted government contractor says wrongly paints him as a wealthy CEO.
A judge has moved forward with a criminal supply fraud case against Western Titanium Inc. and four executives, despite last-minute attempts by the defense team to disqualify prosecutors and stay proceedings.
A federal judge has sentenced Florida securities attorney Delmer C. Gowing III to 22 years in prison for his alleged role in a former client's fraudulent advance-fee scheme that duped investors out of more than $20 million.
Former New York State Comptroller Alan Hevesi pled guilty Thursday morning to a felony charge over his role in the state's pension fund pay-to-play scandal.
A Chinese drug manufacturer and its chief executive pled guilty Wednesday to a charge that they illegally distributed human growth hormone in the United States, a move that will cost them $7.5 million.
A federal judge refused Wednesday to disqualify prosecutors who Western Titanium Inc. says used privileged documents to construct a criminal fraud case alleging the company peddled low-grade titanium for fighter jets.