by Justin Knapp | Aug 15, 2008 | People
vosizneias.com Steven Byers and Joseph Shereshevsky are being charged with diverting at least $100M of investments to repay old investors in what is know as a Ponzi scheme. Mr. Shereshevsky, the agency said, is a convicted felon who pleaded guilty to bank fraud in...
by Justin Knapp | Aug 13, 2008 | People
The ex-boss of Huyndai Motor was given a presidential pardon from South Korea's president. Chung Mong-koo was convicted in February 2007 of embezzlement and breach or trust. The bbs.co.uk article can be read here.
by Justin Knapp | Aug 11, 2008 | People
An adviser for Michael Vick is being charged with fraud for is role in conning at least 10 investors out of approximately $500,000. Mr. Talbot is being charged with promising investors weekly returns of up to 35%, but instead kept the money. The full article by Andrew...
by Justin Knapp | Aug 6, 2008 | People
The aide to councilman Jack Kelly was indicted for accepting money, gifts and the use of an apartment in exchange for helping two real estate developers and their lawyers in dealings with the city. The developers were also charged. The full article can be read...
by Justin Knapp | Aug 6, 2008 | People
The US Department of Justice has just cracked the biggest identity theft case ever. news.bbc.co.uk reports that the leader of the fraud used to be a secret service informant prior to selling more than 40 million bank card numbers. The article can be read here.
by Justin Knapp | Jul 30, 2008 | People
Aaron Siegel writes at investmentnews.com that Arbizu was arrested Monday in Buenos Aires on charges that he stole $5.4M from customers at UBS AG and JPMorgan Chase & Co. If he is extradited to the U.S., he faces up to 30 years in prison and $5M in fines if...
