White Collar

  • October 8, 2010

    Schlumberger Targeted In Yemen Bribe Probe

    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.

  • October 8, 2010

    Man Who Faked Death Receives 10-Year Jail Sentence

    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.

  • October 8, 2010

    Former New Orleans Housing CFO Gets 46 Months

    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.

  • October 8, 2010

    Ex-Rothstein Exec Gets 10 Years In $1.2B Ponzi Scheme

    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.

  • October 8, 2010

    Judge Orders Forfeiture For Fla. Ponzi Schemer

    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.

  • October 8, 2010

    Q&A With Greenberg Traurig's Mark Schnapp

    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.

  • October 8, 2010

    Kaye Scholer Nabs Mayer Brown White Collar Vet

    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.

  • October 8, 2010

    Radio Host, Partners Arrested For Alleged $7M Fraud

    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.

  • October 7, 2010

    'CHiPS' Star Charged In Penny Stock Kickback Scam

    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.

  • October 7, 2010

    Execs Say SEC, DOJ Wrongly Shared Fraud Case Info

    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.

  • October 7, 2010

    Magistrate Axes Agility Unit From Army Contract Battle

    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.

  • October 7, 2010

    Ex-NY Prosecutor, Securities Pro Joins Paul Hastings

    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.

  • October 7, 2010

    Q&A With Cozen O'Connor's Barry Boss

    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.

  • October 7, 2010

    Former Broker Gets 18 Months For Sureties Fraud

    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.

  • October 7, 2010

    Judge Nixes Nagle's Bid To Exclude Wealth Evidence

    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.

  • October 7, 2010

    Western Titanium Supply Fraud Case Proceeds

    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.

  • October 7, 2010

    Securities Atty Gets 22 Years For $20M Scheme

    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.

  • October 7, 2010

    Ex-NY Comptroller Pleads Guilty In Pay-To-Play Case

    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.

  • October 6, 2010

    Chinese Co. Shells Out $7.5M For Illegal HGH Sales

    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.

  • October 6, 2010

    Western Titanium Can't Toss US Attys In Fraud Trial

    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.