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The top antitrust enforcer for the European Commission says that the British financial firm ICAP colluded to try to fix a benchmark interest rate tied to the yen. 
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Wayne County Treasurer Raymond Wojtowicz said the county is owed millions of dollars by landlords who haven't paid their taxes.
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Trial is set to begin for two brothers charged with making a fake $2 million claim to the Boston Marathon victims' fund using the name of an aunt who has been dead...
Anonymous Hades's insight:
There's a special place in Hell for people who create scams and commit crimes that use the names of the dead to profit from others by illicit means.
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An Albuquerque building contractor and developer was sentenced Thursday for defrauding a federal program that sets aside contracts for businesses owned by service-disabled veterans, including work at the Santa Fe National Cemetery.
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Federal officials say the operation led to more than $42 million in losses.
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The former CEO and owner of a Frisco-based company that provided insurance to Virginia Tech students was sentenced Wednesday to 18 months in federal prison.
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Sandy Jenkins, the longtime corporate controller for Corsicana’s Collin Street Bakery arrested last year, has pleaded guilty to three felony counts stemming from accusations that he embezzled $16 million to fund a lavish lifestyle.
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An insurance salesman has been convicted in a $46 million scheme involving more than 800 families and unsophisticated elderly investors.
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Robert Garcia-Esquerro vanished after leaving Key West Saturday aboard a 28-foot boat. He had told his wife he was going fishing.
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Dr. David Allen, who referred to himself as a close personal friend of Jim Donnan, testified that the former Georgia football coach implored him to invest the Allen family nest egg — $1 million — into GLC Limited in July 2010.
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Jim Donnan and family members gained more than $5 million from a West Virginia company prosecutors described as a Ponzi scheme, a former FBI agent testified in the former University of Georgia football coach's fraud trial Wednesday.
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State investigators are going after people in what they called a widespread and brazen fraud scheme involving millions of dollars.
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Joseph L. Bruno, a former State Senate majority leader, is facing federal charges for a second time. His 2009 conviction was thrown out by a higher court.
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The authorities are investigating loans based on collateral of metals at a Chinese port, with implications for Western banks and the Chinese credit market.
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She pleaded guilty to mail fraud stemming from her falsifying documents in 13 real estate closings.
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A new email scam uses legitimate news of a Kansas City man's lottery windfall to convince people around the country that for a few hundred dollars they can have a big chunk of that pie.
Anonymous Hades's insight:
The problem here lies in the fact that those who got scammed coveted someone else's money. If not for the covetousness and greediness of the "victims", there would have been no victims to report.
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A Potomac, Maryland man will spend the next 20 years in prison after he tricked dozens of people into investing into homes that were not on sale in the first place.
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Tucson Police have arrested six people in connection with an international credit card and fraud ring.
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Man Found Guilty In $46 Million Ponzi Scheme CBS Local David McQueen, of Byron Center, was convicted Friday by a federal court jury in Grand Rapids of six counts of mail fraud, six counts of money laundering and three tax counts stemming from a...
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The man at the centre of the Commonwealth Bank financial planning scandal that sparked a senate inquiry has lashed out at the bank, claiming it never properly trained him or supervised his activities.
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WORCESTER — James Merrill, co-owner of TelexFree, a Marlboro company that has been called a billion-dollar Ponzi scheme by the U.S. Securities and Exchange Commission, was arrested Friday in Worcester on new, criminal charges.
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Mike Rosinski, 51, doesn’t really know how a string of fraudulent charges ranging from as little as $3.19 for some odd outfit in Missouri to $434.10 at a Fry’s Electronics in another state ended up hitting his Visa credit card in mid-April.
Anonymous Hades's insight:
Always keep an eye out for the scammers who try to "skim the cream" from the top of your credit card balance.
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Roger Pollock, a big-time real estate developer, was indicted Friday on bank fraud charges.
Anonymous Hades's insight:
It stands to reason: When you steal from a lot of people at one time, somebody's sure to get angry.
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A federal jury in Panama City convicted three bankers highlighted in the Herald-Tribune's “Breaking the Banks” investigative series, finding them guilty of defrauding a federally insured loan program out of nearly $4 million.
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The Court found that it was unconstitutional to ban all free speech by corporations, unions and other organizations – even as it applied to political campaigns. (Downloads as a .pdf.)
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In the world of finance, shameless cheats are a dime-a-dozen.