Crooks & Suspects
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Crooks & Suspects
Fraudsters and thieves: both convicted and under investigation.
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Falcone Charged with $113.2 Million Rip-Off, Schemes New IPO | CEO Payday

Falcone Charged with $113.2 Million Rip-Off, Schemes New IPO | CEO Payday | Crooks & Suspects | Scoop.it

The SEC alleges Philip A. Falcone and his advisory firm, Harbinger Capital Partners, fraudulently obtained $113.2 million of fund assets from misappropriation of client assets, market manipulation, and betraying clients.

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Corzine Took $8 Million While He Misplaced $1.6 Billion | CEO Payday

Corzine Took $8 Million While He Misplaced $1.6 Billion | CEO Payday | Crooks & Suspects | Scoop.it
Tony Soprano wasn’t bad enough for New Jersey’s image. As former governor Jon Corzine opened Jersey up to continued dirty-money jokes when he claimed h...
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CEO of Nomura, Japan’s biggest investment bank, quits amid insider trading scandal

CEO of Nomura, Japan’s biggest investment bank, quits amid insider trading scandal | Crooks & Suspects | Scoop.it
Nomura CEO Kenichi Watanabe has resigned in the wake of an insider trading scandal that has tarnished the reputation of Japan Inc. and its biggest investment bank.
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Outspoken analyst John Kinnucan pleads guilty to insider trading - CNNMoney

Outspoken analyst John Kinnucan pleads guilty to insider trading - CNNMoney | Crooks & Suspects | Scoop.it

Business InsiderOutspoken analyst John Kinnucan pleads guilty to insider trading -- Kinnucan pleaded guilty on Wednesday to insider trading charges, the latest catch in the...

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Former immigration intelligence chief jailed for fraud - Reuters

Former immigration intelligence chief jailed for fraud - Reuters | Crooks & Suspects | Scoop.it

n">A former U.S. federal immigration intelligence director who lured four subordinates into fraudulently claiming more than $500,000 in fake expense and pay claims was sentenced to 20 months in prison.

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Client Money Disappears; CEO Attempts Suicide | CEO Payday

Client Money Disappears; CEO Attempts Suicide | CEO Payday | Crooks & Suspects | Scoop.it
The FBI is now investigating the Peregrine Financial Group, a broker of commodity futures, which reported the whereabouts of $220 million of client money i...
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UK businessman charged with fraud over bomb detectors sold to Iraq - msnbc.com (blog)

UK businessman charged with fraud over bomb detectors sold to Iraq - msnbc.com (blog) | Crooks & Suspects | Scoop.it
The GuardianUK businessman charged with fraud over bomb detectors sold to Iraqmsnbc.com (blog)LONDON -- A British businessman who has sold bomb-detecting equipment to at least 20 countries, including Iraq, will appear in a London court on Thursday...
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Japanese Gov't Eyes Tighter Insider Trading Laws

Japanese Gov't Eyes Tighter Insider Trading Laws | Crooks & Suspects | Scoop.it
Japan's banking minister says that Tokyo may usher in tighter insider trading laws amid a widening criminal probe into the… (Gov't eyes tighter insider trading laws SMBC Nikko Securities probe http://t.co/kGaklW0R...
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GlaxoSmithKline 'guilty of fraud'

GlaxoSmithKline 'guilty of fraud' | Crooks & Suspects | Scoop.it
Drug giant GlaxoSmithKline will pay $3bn (£1.9bn) in the largest healthcare fraud settlement in US history in a case concerning three drugs. (RT @AmandaKendal: GlaxoSmithKline to pay $3bn in US drug fraud scandal.
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New Zealand Goes for $250 Million Fraud | CEO Payday

New Zealand Goes for $250 Million Fraud | CEO Payday | Crooks & Suspects | Scoop.it
It sounds like a dose of Olympic fever. With big fraud arrests in Japan, Singapore and China, perhaps it was the competitive spirit that got New Zealand's ...
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China Convicts Money-Smuggling Ring

China Convicts Money-Smuggling Ring | Crooks & Suspects | Scoop.it
A court in the Chinese city of Chongqing convicted a group of 18 people of running a nearly $10 billion money-smuggling ring.
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Phony Company Prexy Rapped Over Fake Investment - inAudit

Phony Company Prexy Rapped Over Fake Investment - inAudit | Crooks & Suspects | Scoop.it

Phony Company Prexy Rapped Over Fake InvestmentinAuditThe SEC alleges that Ronald Feldstein pretended to be the president of a private company, LED Capital Corp., and entered into an investment agreement with penny stock issuer in order to sucker investors...

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Another Bid Rigging Indictment In The Municipal Market - SEC Actions

Another Bid Rigging Indictment In The Municipal Market - SEC Actions | Crooks & Suspects | Scoop.it

The on-going investigations into ...The most recent indictment names Philip Murphy, formerly an executive for a financial institution, and has indicted him on two counts of conspiracy and one count of wire fraud as part of the on-going probe.

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2 Texas men facing charges for white collar crimes | Houston TX ...

2 Texas men facing charges for white collar crimes | Houston TX ... | Crooks & Suspects | Scoop.it

According to investigators, the scheme took in more than 7,700 investors all across the United States to the tune of about $485 million.

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Dick Destiny » What took so long?

Dick Destiny » What took so long? | Crooks & Suspects | Scoop.it
We should be alarmed that corporate wrongdoing has come to be seen as such a routine occurrence. Capitalism cannot function without trust. As the Nobel laureate Kenneth Arrow observed, “Virtually every commercial ...
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$20 Million Latest Fraud by Union Chief | CEO Payday

$20 Million Latest Fraud by Union Chief | CEO Payday | Crooks & Suspects | Scoop.it

Running the world’s largest public union from 2002 to 2008 evidently made Fred Buenrostro feel invulnerable. He committed so many frauds as CEO of the world's largest public union, they are still being uncovered after three years of one charge after another...

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'Taking On Corporate Giants For Their Wrongdoing Should Not Be So Daunting'

'Taking On Corporate Giants For Their Wrongdoing Should Not Be So Daunting' | Crooks & Suspects | Scoop.it
“TAKING on corporate Goliaths for their wrongdoing should not be so daunting.” That’s the view of Michael Winston, a former executive at Countrywide Financial, the subprime lending machine that was swallowed up by Bank of America in 2008.
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