fraud news from FierceFinance

Many have bemoaned the fact that law enforcement authorities have charged relatively few executives of firms that helped usher in the financial crisis and recession. Will charges against six top Read more...

On Thursday, Jon Corzine will apparently appear before a House committee panel that will discuss the stunning implosion of MF Global and all the sordid fallout. As investigators continue to mount Read more...

Raj Rajaratnam has kept his name in the headlines since he was found guilty of insider trading and sentenced to 11 years of hard time. He will not be serving his sentence with Bernard Madoff after Read more...

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 Read more...

Earlier this year, we thought that the SEC would settle charges related to fraudulent CDO practices in a global manner, that is, with a host of firms all agreeing to pay for their crimes and to a Read more...

Are we seeing a step-up in the backlash against Irving Picard, the court-appointed trustee for the Bernard Madoff estate? A judge has dealt him a major loss in his efforts to recover funds on behalf Read more...

Are charges, either civil or criminal, now likely at MF Global? You would have to think that the chances just rose significantly as an official of the company has admitted to federal regulators, Read more...

Since the SEC and Citigroup announced a $285 million deal to settle marketing fraud charges related to single CDO deal, the criticism has steadily mounted. Some have suggested that the settlement Read more...

So far, Standard & Poor's has been the only credit rating agency to face charges by the SEC for actual rating work performed ahead of the financial crisis. But it's no secret that Moody's and Read more...

Are we finally in for a breakthrough in the start-and-stop effort by banks and state AGs to settle claims of widespread mortgage and foreclosure fraud? We've seen a lot of false starts, and the Read more...