White Collar Crime

How Financial Criminalization Crashed Economy, Goes Unpunished

Charles Ferguson | Posted 05.23.2012

Read More: Corruption, Financial Fraud, JPMorgan Chase, Goldman Sachs, JP Morgan, White Collar Crime, Wall Street, Finance, Wall Street Crimes, Financial Crisis, Mortgage-Backed Securities, Securities Fraud, Wall Street Corruption, Business News

It is no exaggeration to say that since the 1980s, much of the financial sector has become criminalized, creating an industry culture that tolerates or even encourages systematic fraud.

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Don't Believe the Hype on Corporate Bribery

Brandon L. Garrett | Posted 05.02.2012

Read More: Corruption, News Corp, Walmart, Wall Street, White Collar Crime, Corporations, Corporate Bribes, Corporate Bribery, Walmart Bribery, Biomet, Siemens, Corporate Greed, Wal-Mart, Crime News

Corporations can be prosecuted as criminals and every year some get convicted of crimes. However, over the past decade the government has not stepped up corporate crime enforcement. In fact, the evidence is to the contrary.

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R. Allen Stanford: What's Next?

Michael Santos | Posted 05.12.2012

Read More: Federal Prison, Ponzi Scheme, White Collar Crime, Prison, Crime News

I was in my early 20's when a jury convicted me, and I faced a possible sentence of life. If Stanford struggles with his conscience, as I did, he will feel alienated from society in ways that aggravate the pain.

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Wall Street's All-Star Legal Team Prepares For Battle With Federal Task Force

HuffingtonPost.com | Marcus Baram | Posted 02.09.2012

Read More: Wall Street Lawyers, Thewatchdog, Watchdog Blog, K&L Gates, Regulatory Blog, Financial Fraud Enforcement, Wall Street Fraud, White-Collar Crime, Business News

If you work on Wall Street and you observe some illegal shenanigans, make sure you call up the right Financial Fraud Enforcement Task Force. Over t...

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Top 5 White Collar Criminals Ever

Newsone.com | David Moye | Posted 01.13.2012

Read More: Video, Jack Abramoff, Kenneth Lay, Michael Milken, White Collar Crime, Enron, White Collar Criminals, Dennis Kozlowski, Bernie Madoff, Crime News

As the world's eyes turn to Wall Street as a source of financial distress, maybe its time to look at the corporate criminals who have decimated our fi...

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Let Kozlowski Out of Prison!

Michael Santos | Posted 12.25.2011

Read More: Tyco, Long-Term Incarceration; Prisoner, White Collar Crime, Dennis Kozlowski, Prison, Vengeance, Politics News

Justice cannot be measured solely with the turning of calendar pages. An enlightened society such as ours does every citizen a disservice when it inflicts the iron hand more characteristic of Draco.

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Judicial Duplicity: It's Worth Protesting

Michael Santos | Posted 12.24.2011

Read More: Bank Fraud, White Collar Crime, Nonviolent Crime, White Collar Sentencing, Citibank Fraud, Citigroup Fine, Wall Street Crime, Wall Street Fraud, Citibank Fine, Mortgage Fraud, Citi Fine, Crime News

Citibank admitted to selling mortgage bonds under fraudulent pretenses, but the government goes easy on the mighty banks of Wall Street.

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Occupy Reality TV: We Need a Cops-Type Show for Corporate Criminals

John Eskow | Posted 12.20.2011

Read More: Wall Street Bailout, White Collar Crime, White Collar Crime Show, White Collar Tv Show, Wall Street Crimes, White Collar Criminals, Comedy News

We need a Cops type show for big-time criminals -- the thieves and swindlers who have robbed innocent Americans of their money, their homes, their hope, and their self-respect.

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Man Convicted Of Running Bogus $100 Million Bank Over His Computer

The Huffington Post | Posted 11.16.2011

Read More: Danny Ray Hardin, Bank Fraud, Federal Prison, Banking Frauds, White Collar Crime, Missouri Crime, Denny Ray Hardin, Private Banking, Mail Fraud, Private Bank of Danny Ray Hardin, Federal Fraud Charges, Video, Crime News

Money doesn't grow on trees and you can't print it on your computer either. That's the lesson Danny Ray Hardin, 52, learned Wednesday in Kansas Ci...

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To Stop Corruption, Fight the Power, Not the People

Michelle Chen | Posted 10.29.2011

Read More: Transparency, Corruption, Welfare, India, Wall Street, White Collar Crime, Open Government, Rule of Law, Arundhati Roy, Africa, Globalization, Anna Hazare, China, Civil Rights, India Corruption, Haiti Corruption, Global Corruption, Political Corruption, World News

Absolute power corrupts absolutely, and in a world where the gap between the powerful and powerless grows wider each day, corruption in political and economic institutions spreads much faster than shame.

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Former San Francisco Attorney Indicted For Running Ponzi Scheme

Aaron Sankin | Posted 09.10.2011

Read More: Fraud, Robert Tunnell, White Collar, White Collar Crime, Crime, Robert Tunnell Jr Ponzi Scheme, Ponzi Scheme, Robert Tunnell Jr Indicted, Sf Lawyer Indicted Ponzi Scheme, Theft, Robert Tunnell Jr, Investors, Sf Lawyer Ponzi Scheme, San Francisco News

With the stunning indictment that came down on his head late last week, Robert Tunnell Jr.'s days as a high-flying lawyer-turned-investor have likely ...

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Conrad Black To Report Back To Prison In September

AP | Posted 09.10.2011

Read More: Conrad Black, Conrad Black Jail, White Collar Crime, Conrad Black Chicago, Conrad Black Resentencing, Chicago Suntimes, Conrad Black Sentence, Hollinger International, Conrad Black Prison Sentence, Chicago News

CHICAGO — A federal judge says former media mogul Conrad Black must head back behind bars in two months. A sentencing order released Monday say...

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Former Citigroup Vice President Charged With Embezzling $19 Million

Posted 08.27.2011

Read More: Vikram Pandit, Embezzlement, 2008 Financial Crisis, Greed, White Collar Crime, Citigroup Bailout, Gary Foster, Corporate Greed, Citigroup, Business News

NEW YORK (Jessica Dye) - A former vice president at Citigroup Inc was charged with bank fraud on Monday for allegedly embezzling more than $19 mil...

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Crime in Decline? Not Necessarily

David O. Friedrichs | Posted 08.16.2011

Read More: US Crime, White Collar Crime, Crime Rates US, Crime and Prison Reports, Wall Street Bailout, Wall Street Crime, Wall Street Fraud, Business News

We have experienced recent major waves of white-collar crime, and have reason to believe that such crime -- with many devastating consequences -- may well be on the rise.

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DOJ is Wasting Time and Money on Edwards Case

David Callahan | Posted 07.26.2011

Read More: Campaign Finance Law, John Edwards, Edwards Indictment, Department of Justice, White Collar Crime, Politics News

I'm all for cracking down on political corruption and the insidious ways in which money subverts our democracy. But even within this category of wrongdoing I can think of plenty of bigger fish to fry than John Edwards.

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Major Bank Appears To Have Retaliated Against Foreclosure Fraud Expert By Targeting Her Son

HuffingtonPost.com | Zach Carter | Posted 07.13.2011

Read More: Rosner, Foreclosures, Deutsche Bank, White Collar Crime, Wall Street, Szymoniak, 60 Minutes, CBS News, Banks, Business, Foreclosure Fraud, Video, Business News

This article has been updated WASHINGTON -- Deutsche Bank appears to have retaliated against a high-profile foreclosure fraud expert, whose years-l...

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Chicago Swindler Gets 23 Years For $77M Ponzi Scheme

AP | MICHAEL TARM | Posted 05.25.2011

Read More: Chicago Italian Community, Paul Darrah, Frank Castaldi, White Collar Crime, Frank Castaldi Ponzi Scheme, Ponzi Scheme, Chicago Italians, Italian Americans, Chicago Crime, Chicago News

CHICAGO — Tearful, angry victims of a $77 million Ponzi scheme that targeted hundreds of often working-class Italian-Americans crowded into a Ch...

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Swiss Banker's Reaction to U.S. Treasury Hiding A.I.G. Loss

Iris Mack | Posted 05.25.2011

Read More: Shares, Fired, Payments, White Collar Crime, Losses, U.S. Treasury, Commissions, Federal Reserve, Collusion, Institutional Clients, Accounting Entry, Asset, Krisken Management, Citizens, Ubs, Goldman Sachs, Aig, Inspector General Barofsky: U.S. Treasury Hid a.I.G. Loss., Go Bust, Defraud, Bailed Out, Accountants, Subsidized, Pay to Play, Foreclosed Homes, Accounting, Revalue, Negligence, Disclaimer, Depreciate, Repurchase, American Tax Payer, Tax Evasion, Racketeering, Swiss Baker, Write Off, Auditors, JP Morgan, Proceeds of the Sale, Intermediaries, Christopher Hill, Tax Returns, Job, Banks, Business News

Goldman Sachs and JP Morgan are being subsidized by the Federal Reserve. Why can't the Fed instead subsidize Americans who want a job? How stupid do they think the American taxpayer is?

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What's Wrong with America? Let Me List the Books....

Robert David Steele | Posted 05.25.2011

Read More: Betrayal of the Public Trust, Corruption, Financial Crime, Empire, Abuse, Corporation, Economy, Class War, Middle Class, Federal Reserve, Theocracy, Legal, Disinformation, Ideology, Culture, Research & Development, Deceit, Intelligence, Values, Disease, Climate Change, Black Intellectuals, Atrocities, Communications, War as a Racket, Political, Technology, Family, Blue Collar, Computing, Poverty, Treason, Dissent, Evil, Dereliction of Duty, White-Collar Crime, Socio-Economic, Religion, Environmental Degradation, Education, Anger, Geography, Peak Oil, Water, Nature, Demography, Anthropology, Books News

Sun Tzu writes that if you do not know your enemy, AND you do not know yourself, you are destined to fail. The United States of America is not a Repu...

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A LETTER TO JAMIE DIMON

Alfred Gingold | Posted 05.25.2011

Read More: Elie Wiesel, JP Morgan Chase, Jamie Dimon, White Collar Crime, Tarp, Hamp, Bitburg, Mortgage Crisis, Business News

Readers of my last Chase Home Weasel Update on Huffpo know that we are four weeks past the talk with the Tax Department's dulcet JoAnne, during which ...

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Citibank: Will Anyone Hold Rubin and Prince Accountable?

Zach Carter | Posted 05.25.2011

Read More: Citi, Citigroup, Chuck Prince, Sec, Wall Street Crash, Securities Fraud, Wall Street, Wall Street Crisis, Citibank, Rubin, Subprime, Wall Street Fraud, White-Collar Crime, Business News

When bankers think they can get away with rampant fraud and get paid very well to do it, they'll do it. Robert Rubin's best defense is that he really isn't all that bright -- he's either an idiot or a criminal.

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Did Mayor Bloomberg's 2009 Campaign Break the Law?

Aram Roston | Posted 05.25.2011

Read More: New York City Mayor, White Collar Crime, Mayor Bloomberg, New York City, Michael Bloomberg, New York News

At the New York Observer we've been taking a close look at Mayor Michael Bloomberg and his finances, and what we've found raises more and more distur...

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SEC and Bounty Hunters

Diane Francis | Posted 05.25.2011

Read More: Bounty, Bounty Hunters, Sec, White Collar Crime, Financial Reform, Whistleblowers, Business News

Riches for ratting promises to become a new industry. Banking "bounty hunters" will spring forth and help find people who have information, tell authorities and then split the reward.

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Contracting Abuses Could be Solved With New Bill

Lloyd Chapman | Posted 05.25.2011

Read More: Small Business, Abuse, Charles Tiefer, Obama Administration, Loopholes, Corporate Giants, Barack Obama, Fraud, Corporate Crime, Small Business Administration, White Collar Crime, Nydia Velazquez, Congressional Oversight, Contracting, American Small Business League, Corporate Greed, Small-Business-Committee, Politics News

The diversion of federal small business contracts to corporate giants has gone on for over a decade. H.R. 2568 is a deficit neutral and much needed solution to these long standing abuses.

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Wall Street Is Laundering Drug Money And Getting Away With It

Zach Carter | Posted 05.25.2011

Read More: Financial Fraud, Financial Crime, Tbtf, Wall Street Reform, Wells Fargo, Financial Reform, Money Laundering, Too-Big-to-Fail, Drug Money, Wachovia Money Laundering, Wall Street Fraud, Wachovia Drug Money, Wachovia, White-Collar Crime, Business News

Wachovia Bank is accused of laundering $380 billion in Mexican drug cartel money, and is expected to emerge with a slap on the wrist thanks to a government policy which protects megabanks from criminal charges.

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