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By Press Release |
September 20, 2012
Nearly $2.5 billion in checks were mailed Sept. 19 to victims in the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS).
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By Press Release |
August 16, 2012
The SEC announced fraud charges against former College Football Hall of Fame coach Jim Donnan conducted an $80 million Ponzi scheme that included other college coaches and former players among its victims.
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By Laurel Brubaker Calkins and Andrew Harris, Bloomberg |
June 14, 2012
R. Allen Stanford, found guilty of leading a $7 billion international fraud scheme by a U.S. jury, was sentenced to 110 years in prison by a federal judge.
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By Bob Van Voris and Linda Sandler, Bloomberg |
March 19, 2012
The New York Mets owners agreed to pay $162 million to settle a $303 million lawsuit by the liquidator of Bernard Madoff’s firm, just before they were due to go to trial for allegedly ignoring the fraud.
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By Andrew Harris and Laurel Brubaker Calkins, Bloomberg |
March 8, 2012
R. Allen Stanford, who was convicted of running a $7 billion investment fraud, must forfeit all funds seized by the U.S. government
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By Andrew Harris and Laurel Brubaker Calkins, Bloomberg |
March 7, 2012
R. Allen Stanford’s jury, a day after finding the Texas financier guilty of leading a $7 billion international fraud, heard evidence on federal prosecutors’ request that he forfeit $300 million in assets.
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By Laurel Brubaker Calkins and Andrew Harris, Bloomberg |
March 6, 2012
R. Allen Stanford was convicted of fraud in what prosecutors said was a $7 billion scheme involving bogus certificates of deposit at his Antigua-based bank.
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By Bob Van Voris and Linda Sandler, Bloomberg |
March 5, 2012
The New York Mets owners must go to trial over a $386 million lawsuit by the Bernard Madoff brokerage trustee who alleged that they ignored the fraud because it benefited their businesses.
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By Press Release |
February 8, 2012
The amount includes restitution, disgorgement, and a civil monetary penalty for defrauding investors in a commodity pool Ponzi scheme.
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By Press Release |
November 9, 2011
The Securities and Exchange Commission today charged two Minnesota-based hedge fund managers and their firm for facilitating a multi-billion dollar Ponzi scheme operated by Minnesota businessman Thomas Petters
