17 Feb 2009 No Comments

Allen Stanford

Allen Stanford is being charged with a "massive ongoing fraud" in relation to $8B of CDs that were sold to investors with promised returns exceeding 8%. There were 30,000 CDs […]

17 Jan 2009 No Comments

Update in Satyam case has founder fleecing and blaiming the company books

B. Ramalinga Raju may have taken up to $1B from the company rather than the initial claim that the company had made up the money. "Mr. Raju, who was Satyam’s […]

8 Jan 2009 No Comments

Satyam Struggles to Pay Employees

As Indian company Satyam tries to recover from the $1B loss of liquidity overnight due to fraud, Investors have their eyes on PricewaterhouseCoopers the accounting firm for the company. “Pricewaterhouse […]

31 Dec 2008 No Comments

Madoff investigators are looking abroad

Investigators of the Madoff Ponzi are looking at possible offshore accounts that may have been used as tax havens for wealthy investors. "While the inquiries into the role of offshore […]

31 Dec 2008 No Comments

$2B Counterfeit Microsoft Business

Chinese courts convicted 11 people of copyright infringement in what turns out to be an enormous fleece. Microsoft and the FBI had been tracking the ring since 2001 and has […]

24 Nov 2008 No Comments

Huang Guangyu

The New York Times reports that Huang Guangyu, one of China's wealthiest entrepreneurs has been detained by police in a stock price manipulation investigation. Forbes estimated that Huang Guangyu was […]

18 Nov 2008 No Comments

David Pajcin

The former Goldman analyst is on the fleece after violating his parole. The US attorneys office and his lawyer believe he has fled the country. Pajcin, along with Eugene M. […]

10 Nov 2008 No Comments

Klaus Zumwinkel

Zumwinkel is the highest profile character to come out of the Lichtenstein tax evasion investigations so far. He is the former head of Deutsch Post, which runs the German postal […]

3 Nov 2008 No Comments

Emmanuel Constant

Mr. Constant has been sentenced to up to 37 years for his role in a mortgage fraud. Fleecing Central first brought the story of this ex-military leader (who has been […]