Tag: Securities fraud
California men plead guilty in Florida to $1.3B fraud scam
MIAMI — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that...
Fugitive extradited to Turkey to face Ponzi scheme charges
ISTANBUL — A Turkish national on the run after allegedly embezzling money from thousands of people in a Ponzi scheme has been extradited to...
EXPLAINER: Who are Americans on trial in Ghosn’s escape
TOKYO — Americans Michael Taylor and his son Peter Taylor go on trial in Tokyo on Monday on charges they helped Nissan's former chairman,...
Even after Madoff’s death, work to unwind epic fraud goes on
NEW YORK — Epic Ponzi scheme mastermind Bernard Madoff is dead. But the effort to untangle his web of deceit lives on.
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George P. Bush running for attorney general in Texas
AUSTIN, Teas — George P. Bush on Wednesday launched his next political move: a run for Texas attorney general in 2022 that puts the...
California says $5 million Ponzi scam bilked older Filipinos
SACRAMENTO, Calif. — California's attorney general on Friday charged 15 people with conspiring to defraud mostly elderly victims of Filipino descent out of a...
Corruption case of ex-Massachusetts mayor heads to jurors
BOSTON — Lawyers made their final pitch to jurors Monday in the fraud and corruption case against a once-celebrated young Massachusetts mayor, painting contrasting...
Actor indicted in $227M Ponzi scheme involving film rights
LOS ANGELES — An aspiring actor was indicted Tuesday in Los Angeles on suspicion of running a massive Ponzi scheme that solicited hundreds of...
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as...
Feds: Businessman agrees to guilty plea in investment scheme
INDIANAPOLIS — An Indianapolis businessman plans to plead guilty to federal charges alleging that he operated a fraudulent investment scheme involving more than 100...