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FBI
Latest Headlines
Latest Headlines
Did a massive APT hack hit 760 companies?
When RSA, owned by EMC, was brazenly hacked early this year, many people assumed the attack was a so-called APT, or advanced persistent threat, which can be defined as a sophisticated cyber attack instigated by a another country with significant resources and expertise.
Increasingly, the g
More MF Global details
We're getting more tidbits of information about exactly how the MF Global fiasco went down--none of which make the company's management look good.
It remains unclear, however, if actual fraud occurred, though we presume the SEC, the FBI and the U.S. Attorney in Manhattan will figure it all out
MF Global faces mounting questions
While lawyers for MF Global were in bankruptcy court tying to assure a judge that all assets had been accounted for, more issues kept cropping up.
The CME, the main SRO regulating the brokerage, issued a damning statement about the firm's recent activity.
"With respect to the apparent shor
Incident highlights lax board security
Corporate boards are increasingly being asked to play a greater role when it comes to risk management, even at the IT level. But the degree to which board information itself is secure has been questioned. Recent research from Thomson Reuters has found many instances of unencrypted board level comm
Former Goldman Sachs director Rajat Gupta charged
It's no secret that prosecutors were going after Rajat Gupta on insider trading charges. It was only a matter of time before criminal charges were filed.
The time is apparently now, as the Financial Times and other news organizations report that charges will be filed Wednesday and that Gup
Rajaratnam's ties to Tamil Tigers
The saga of convicted insider trading mastermind Raj Rajaratnam just took an interesting twist in the form of a Vanity Fair article that explores his past as a major funder of the Tamil Tigers, which had been declared a terrorist organization by the U.S. State Department.
The timing of the
The human toll of the insider trading scandals
The insider trading investigations and subsequent trials have created lots of media-genic drama, with all the wiretaps, office raids, confidential informants and racy banter. But the human toll that all this takes is something that has been under-appreciated.
Obviously, those who have done wro
Wachovia won't return stolen funds, customer claims
An interesting claim has landed in court in the Miami: an assistant vice president at Wachovia Bank, now owned by Wells Fargo, stole $84,343 from a customer's account, and even though the FBI and the banks confirm the theft, Wells Fargo refuses "to return a single penny," reports Courthouse News
Government witness Adam Smith takes the stand
The life of a government informant is not an easy one. Just ask ex-Galleon employee Adam Smith, who is taking his turn on the stand as a government witness against alleged criminal insider trading mastermind Raj Rajaratnam, his former boss. Smith has already pleaded guilty to insider trading, and
Wiretap abuse could form basis for a Rajaratnam appeal
The trial of Raj Rajaratnam, the alleged insider trading kingpin, has been notable for the many wiretapped conversations that have been played for the jury. If Rajaratnam is found guilty, however, such evidence just might form the basis for an appeal.
True, Judge Richard Holwell heard the argu
