A former employee at Bernard Madoff’s defunct investment firm has hit back at a government order to freeze funds she’s paid for legal fees, saying prosecutors are merely trying to punish her for not cooperating with them.
The U.S. Department of Justice has closed a criminal antitrust investigation into a Johnson & Johnson subsidiary over an alleged conspiracy to fix the prices of blood reagents, although a multidistrict litigation against the company continues.
The former controller of Terra Telecommunications Corp. has been sentenced to two years in prison for violating the Foreign Corrupt Practices Act in a scheme to bribe officials at Haiti's state-owned national telecommunications company.
A federal judge has sentenced a former New Jersey Department of Labor and Workforce Development field investigator to 3 1/2 years in prison for accepting thousands of dollars in bribes from temporary labor firms in exchange for special treatment.
An unnamed Morgan Stanley banker has been linked to the Galleon Group LP insider trading case as the alleged source of a 2006 tip on Advanced Micro Devices Inc.’s purchase of ATI Technologies Inc., according to court documents.
The administrative assistant and office manager for a Tennessee investment adviser serving eight years for defrauding investors has pled guilty to mail fraud and money laundering charges related to the $8 million Ponzi scheme.
Less than two weeks before trial for his role in an alleged $200 million securities scam, a former Lancer Group manager failed Friday to convince a court to hand over settlement agreements between co-defendants, witnesses and a court-appointed receiver.
Kosmos Energy Ltd., a major player in an offshore oil project near Ghana, has disclosed that one of its contractors in that venture may have violated anti-bribery laws.
A French criminal court on Friday convicted a former Vivendi SA CEO of misleading investors and its ex-vice chairman of insider trading in connection with the French media conglomerate's dire financial situation, which nearly pushed it into bankruptcy.
A British judge sentenced a former senior manager at waste industry company PM Onboard Ltd. on Friday to 27 months in prison and ordered him to forfeit £197,000 ($315,000) for an insider trading and money laundering scheme.
The president of Chitron Electronics Inc. deserves up to 10 years in prison for putting U.S. military technology in Chinese hands, prosecutors say.
A federal judge has ordered a suspended Massachusetts attorney to serve 12 years in prison for leading a mortgage fraud ring that bilked lenders of more than $10 million.
The U.S. Department of Justice has asked a bankruptcy court to reject Mortgage Lenders Network Liquidating Trust's request to destroy certain loan and financial documents, saying the records may prove useful in ongoing federal criminal investigations into mortgage fraud.
The U.S. Securities and Exchange Commission on Thursday accused three affiliated New York-based investment firms and four former senior officers with fraud, misuse of client assets and other violations involving their $66 million advisory business.
The British government is reportedly considering merging the U.K. Serious Fraud Office with other federal agencies to overhaul the government's system for responding to corporate fraud.
A federal judge on Thursday sentenced the founder of tax preparation service Tax Prep Inc. to six years in prison for helping customers obtain more than $17 million in refunds using phony deductions and other fraud.
A former NASA employee accused of illegally shipping military technology, including components for night vision scopes, to South Korea pled guilty Thursday to tax evasion and an export violation.
A federal judge has sentenced a former executive of a taxpayer-funded indigent hospital in Cleveland to nine years in prison for accepting bribes and obstructing justice, part of a long-standing corruption probe in Cuyahoga County, Ohio.
A British lawyer charged with steering $132 million in bribes from a former Halliburton Co. subsidiary to the Nigerian government to win $6 billion in natural gas contracts should be extradited to the United States, a London appeals court ruled Thursday.
Federal authorities have hit a Costa Rica-based company that provides guarantee bonds on life insurance settlements with civil and criminal actions accusing it of running a $670 million fraud scheme.