White Collar

  • December 3, 2009

    Exec Pleads Guilty In Pension Fund Kickback Case

    The founder of a private equity firm pleaded guilty Thursday to allegations that he won $250 million in investments from a New York pension fund after giving state officials nearly $1 million in illegal gifts.

  • December 3, 2009

    Iranian Arms Procurement Agent Set To Be Sentenced

    With a sentencing hearing looming, a federal judge has unsealed the indictment against Iranian arms procurement agent Amir Hossein Ardebili, who pled guilty in 2008 to a host of charges including multiple violations of the Arms Export Control Act and the International Emergency Economic Powers Act.

  • December 3, 2009

    Jury Convicts Petters In $3.6B Ponzi Trial

    A jury has convicted fallen business magnate Thomas J. Petters of carrying out a $3.6 billion Ponzi scheme, and the founder of Petters Group Worldwide LLC now faces the possibility of spending the rest of his life behind bars.

  • December 1, 2009

    Rothstein Pleads Not Guilty To $1.2B Ponzi Scheme

    South Florida lawyer Scott W. Rothstein has pled not guilty to federal charges that he operated a $1.2 billion Ponzi scheme out of his firm Rothstein Rosenfeldt & Adler PA.

  • November 25, 2009

    DC Metro Pleads Guilty To Water Permit Violations

    Washington's transit authority has pled guilty to an allegation that it negligently discharged acidic water into the area's sewer sanitary system during a railcar washing operation in violation of the Clean Water Act.

  • November 25, 2009

    Former GlobeTel Exec Arraigned On Fraud Charges

    The former top executive of GlobeTel Communications Corp. pled not guilty Wednesday to 16 criminal charges for allegedly inflating the company's revenues to attract investors and sell company stock.

  • November 24, 2009

    Arms Dealer Pleads Guilty To Iran Export Violations

    A Belgian man long suspected of international arms dealing has pled guilty to conspiring to export F-5 fighter jet engines and parts from the U.S. to Iran, a crime that carries a maximum penalty of five years in prison and a $250,000 fine.

  • November 24, 2009

    Chitron Can't Compel Gov't Docs In China Export Case

    A federal judge has denied a Shenzhen Chitron Electronics Co. Ltd. motion to compel government documents regarding accusations that it conspired to illegally export radar components and other military items to China, finding that the information they sought was not “material” to their defense.

  • November 23, 2009

    Ex-Atty's Sentencing Delayed In Insider Trading Case

    A sentencing hearing in New York was delayed Monday for a former Canadian attorney who pled guilty to charges related to a $10 million insider trading scheme involving a Dorsey & Whitney LLP mergers and acquisitions partner, after he was detained at the Canadian border.

  • November 23, 2009

    Securities Lawyer Gets 7 Years For Fraud

    A federal court on Monday sentenced a former securities lawyer and name partner of Arkansas firm Cauley Bowman Carney & Williams LLC to more than seven years in prison for stealing $9.3 million in proceeds from a class action settlement.

  • November 19, 2009

    McCall Guilty Of McKesson-HBOC Fraud, Lapine Free

    A jury has convicted the ex-chairman of McKesson Corp. on several counts of securities fraud handed down in the wake of a $9 billion accounting scandal at the health care firm but has let the firm's former general counsel off the hook.

  • November 19, 2009

    Currency Trader Gets 24 Years For $18M Ponzi Fraud

    A foreign currency trader who swindled investors across the country to fund his lifestyle and buy gifts for girlfriends has been sentenced to more than 24 years in prison and ordered to pay $18 million in restitution.

  • November 19, 2009

    Bid-Rigging Case Against Ex-Marsh Execs Dropped

    A New York state Supreme Court judge has dismissed criminal indictments against two former Marsh Inc. executives and a former Zurich American Insurance Co. executive accused of participating in a massive bid-rigging and price-fixing scheme.

  • November 19, 2009

    Agriprocessors Exec Won't Face Immigration Charges

    A federal judge granted prosecutors' request Thursday to dismiss 72 immigration charges against Sholom Rubashkin, the former CEO of Agriprocessors Inc., the kosher slaughterhouse in Iowa that was raided by federal immigration authorities last year.

  • November 19, 2009

    Statoil Settles With US For $21M In Iran Bribery Case

    Norwegian oil and gas company Statoil ASA has agreed to pay $21 million to the U.S. government to settle charges stemming from a 2002 contract with Horton Investments Ltd. that was allegedly a cover to send bribes to Iran.

  • November 18, 2009

    Man Cops To Bribing Panamanians Over Buoy Contracts

    A Virginia man has pled guilty to conspiring to bribe Panamanian government officials to secure a no-bid contract to maintain buoys and lighthouses along the Central American nation's waterways.

  • November 17, 2009

    Seller Of Fake Cancer Drugs Loses Bid For New Trial

    A federal judge has refused to grant a new trial to an alleged doctor impersonator who was convicted of mail fraud and violating the Federal Food, Drug and Cosmetic Act for selling fake cancer-treating drugs.

  • November 17, 2009

    Chitron Loses Bid To Toss Illegal China Exports Case

    Shenzhen Chitron Electronics Co. Ltd., a Chinese corporation accused of conspiring to illegally export radar components and other military items to China, has lost its bid to have its case dismissed.

  • November 17, 2009

    11th Circ. Rejects HealthSouth Exec Sentence Again

    For the fourth time, a federal appeals court has vacated the sentence of the former assistant controller of HealthSouth Corp., this time saying the sentence of probation was unreasonably lenient in light of his role in the fraud.

  • November 16, 2009

    Kuwaiti Supply Co. Jacked Up Army Food Costs: US

    Federal prosecutors on Monday filed criminal charges against a Kuwaiti company that allegedly committed fraud and inflated prices on contracts worth over $8.5 billion to provide food for U.S. military personnel stationed in Iraq, Kuwait and Jordan.