- Former head of investment firm sentenced on bankruptcy fraud Updated: Jul-29-15 6:24 pm
JACKSON, Mississippi - A Ridgeland man has been sentenced to five years in federal prison after pleading guilty to one count of bankruptcy fraud.
- Ex-software engineer gets 2 years prison for insider trading Updated: Jul-29-15 6:05 pm
NEW YORK - A former software engineer at a prominent California law firm has been sentenced to two years in prison for insider trading.
- Investment adviser pleads guilty in $1.2B Ponzi scheme Updated: Jul-29-15 4:26 pm
FORT LAUDERDALE, Florida - An investment adviser on Wednesday become the latest of more than two dozen people to plead guilty in the $1.2 billion Ponzi scheme operated by disbarred attorney Scott Rothstein that collapsed more than five years ago.
- Judge rejects claim that bourbon was falsely advertised Updated: Jul-29-15 4:01 pm
LOUISVILLE, Kentucky - Chalk up another round for Maker's Mark distillery in fending off claims of misleading marketing for promoting its Kentucky bourbon as handmade.
- By nearly any measure, sunny South Florida is tops in fraud Updated: Jul-29-15 4:52 am
MIAMI - Psssst - Need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you're looking for.
- Mead Johnson paying $12M to settle US bribery charges Updated: Jul-28-15 3:19 pm
WASHINGTON - Mead Johnson has agreed to pay $12 million to settle federal civil charges that its Chinese subsidiary bribed hospital professionals to recommend its infant formula to new or expecting mothers who were patients.
- 2 Canadian men get 12-year sentences in Ponzi scheme Updated: Jul-28-15 2:56 pm
TORONTO - A judge has sentenced two men to 12 years in prison for one of the largest Ponzi schemes in Canadian history.
- Ex-leasing company official sentenced for cheating clients Updated: Jul-27-15 4:43 pm
TRENTON, New Jersey - A man who used his position at an office equipment leasing company to cheat clients out of more than $600,000 has been sentenced to 30 months in prison.
- Man gets prison, must pay $1.8M for tax fraud in Houston Updated: Jul-27-15 3:28 pm
HOUSTON - A Houston businessman who for more than five years skipped paying employment taxes is going to prison and must repay more than $1.8 million
- State revokes registration of broker who stole from clients Updated: Jul-26-15 1:13 pm
TRENTON, New Jersey - State officials have revoked the registration of a former securities broker who they say stole hundreds of thousands of dollars from at least eight clients.
- New Yorker rises from school teacher to FBI boss Updated: Jul-26-15 11:37 am
NEW YORK - The first Hispanic to run the FBI's largest field office almost never got there.
- NY CEO accused of defrauding investors out of $1.6 million Updated: Jul-24-15 7:13 am
CAZENOVIA, New York - A central New York business executive is accused of defrauding investors out of $1.6 million.
- CFO indicted on charges of stealing $1.6M from 3 employers Updated: Jul-23-15 8:22 pm
GREENBELT, Maryland - A man who worked as a chief financial officer for three companies has been indicted on charges of stealing $1.6 million from those companies.
- Man gets more than 6 years in prison in NC Ponzi scheme Updated: Jul-23-15 12:28 pm
CHARLOTTE, North Carolina - Authorities say a man who used money from about 25 Charlotte investors to pay for dinners, jewelry, electronics, furniture and hotel stays has been sentenced to more than six years in prison after pleading guilty last year to securities fraud.
- Prosecutors want guilty plea hearing for WVa exec in spill Updated: Jul-22-15 3:04 pm
CHARLESTON, West Virginia - Federal prosecutors want a judge to schedule a guilty plea hearing for the top executive charged in a massive chemical spill that contaminated West Virginia's biggest drinking water supply last year.
- Prosecutors want guilty plea hearing for WVa exec in spill Updated: Jul-22-15 2:47 pm
CHARLESTON, West Virginia - Federal prosecutors are asking a judge to schedule a guilty plea hearing for the top executive charged in a massive chemical spill last year.
- Hampshire County company founder pleads guilty to tax charge Updated: Jul-22-15 7:38 am
MARTINSBURG, West Virginia - The founder of a Hampshire County company faces up to three years in prison after pleading guilty to a tax charge.
- Iowa punishes companies for environmental law violations Updated: Jul-21-15 8:56 am
OSAGE, Iowa - The state Natural Resources Department has punished three companies in northern Iowa, saying they violated environmental laws.
- Man gets 28 years in prison for running $4.4M Ponzi scheme Updated: Jul-20-15 6:37 pm
DENVER - A Wheat Ridge man has been sentenced to 28 years in prison for bilking 28 investors out of $4.4 million.
- Correction: Insider Trading story Updated: Jul-20-15 12:49 pm
PHILADELPHIA - In a story July 16 about a former partner at a Philadelphia law firm being charged with insider trading, The Associated Press misspelled the man's surname. It is Sudfeld, not Sudfield.
- Lake Charles man pleads guilty in $5.8M Ponzi scheme Updated: Jul-20-15 4:19 am
LAKE CHARLES, Louisiana - U.S. Attorney Stephanie Finley says a Lake Charles man has pleaded guilty to one count of wire fraud in a $5.8 million Ponzi scheme.
- Lottery winner sentenced for stealing from brother's company Updated: Jul-18-15 5:06 pm
BROCKTON, Massachusetts - A southeastern Massachusetts woman who won a $1 million lottery prize must pay over $100,000 in a criminal case against her after admitting she stole from her brother's business while he battled cancer.
- NJ company to pay $17.1 million to resolve bribery charges Updated: Jul-17-15 5:28 pm
NEWARK, New Jersey - Justice Department officials say a New Jersey-based construction management company has agreed to pay $17.1 million to resolve charges it bribed foreign officials to gain government contracts.
- 4 Ohio men charged in $7M conspiracy to defraud investors Updated: Jul-17-15 6:28 am
CLEVELAND - Federal authorities say four northern Ohio men indicted in an alleged conspiracy to defraud investors out of $7 million were associated with a Mansfield-based company pitching a hypodermic needle destruction device.
- Former NY investment exec gets prison for fraud scheme Updated: Jul-16-15 10:52 am
NEW YORK - A former New York investment executive has been sentenced to 21 months in prison and $10 million in restitution for a scheme that caused the collapse of an Oklahoma insurance company.