by Justin Knapp | Jul 30, 2008 | People
Robert Schmidt from bloomberg.com reports on the U.S. Marshall’s role in liquidating companies seized from fleecers. The full article can be read here.
by Justin Knapp | Jul 29, 2008 | People
The AP reported that Mr. Constant was convicted of operating a mortgage fraud scheme that cheated lenders out of $1.7M. He faces up to 15 years in jail when he is sentenced in September. Despite a 1995 deportation order, Mr. Constant was allowed to remain because of...
by Justin Knapp | Jul 28, 2008 | People
Mr. Siekaczek was convicted of corruption after admitting to setting up slush funds to pay bribes. He received a suspended two-year suspended sentence and was fined $170,000 for participating in making illegal payments by Siemens. Mr. Siekaczek was found guilty on 49...
by Justin Knapp | Jul 22, 2008 | People
The Ex-Bear Sterns hedge fund managers who have already been indicted for fraud and conspiracy may see more charges put on them in the fall reports nytimes.com. They were originally accused of misleading investors about the health of two hedge funds that collapsed...
by Justin Knapp | Jul 22, 2008 | People
Treadwell, Sluder, and Saturday were found guilty of wire fraud and conspiracy while Acosta pleaded guilty prior to the trial to conspiracy and making a false statement to a federal officer. In the indictment they were charged with fraudulently soliciting over $50M...
by Justin Knapp | Jul 16, 2008 | People
The former chairman of Samsung will see fines of $ for tax evasion in Seoul.Lee was given a suspension of his three year term. After being ruled innocent of the more serious charges against him, the judge in the case ruled that his crime was not worthy of immediate...
