iOS app Android app

White Collar Crime

Attorney Receives Record Sentence For Insider Trading

Reuters | Posted 08.04.2012 | Crime

NEW YORK, June 4 (Reuters) - A U.S. lawyer who worked for some of the country's most prestigious firms was sentenced on Monday to a record 12 years ...

Lawyer Gets Record Sentence For Insider Trading Scheme

Reuters | Posted 08.04.2012 | Business

NEW YORK, June 4 (Reuters) - A lawyer whose inside information the government alleged fueled a 17-year-long insider trading scheme was sentenced on ...

How Financial Criminalization Crashed Economy, Goes Unpunished

Charles Ferguson | Posted 07.22.2012 | Business
Charles Ferguson

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.

Don't Believe the Hype on Corporate Bribery

Brandon L. Garrett | Posted 07.02.2012 | Crime
Brandon L. Garrett

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.

R. Allen Stanford: What's Next?

Michael Santos | Posted 05.12.2012 | Crime
Michael Santos

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.

Marcus Baram

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

HuffingtonPost.com | Marcus Baram | Posted 02.09.2012 | Business

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...

Top 5 White Collar Criminals Ever

Newsone.com | David Moye | Posted 01.13.2012 | Crime

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...

Let Kozlowski Out of Prison!

Michael Santos | Posted 12.25.2011 | Politics
Michael Santos

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.

Judicial Duplicity: It's Worth Protesting

Michael Santos | Posted 12.24.2011 | Crime
Michael Santos

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

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

John Eskow | Posted 12.20.2011 | Comedy
John Eskow

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.

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

The Huffington Post | Posted 11.16.2011 | Crime

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...

To Stop Corruption, Fight the Power, Not the People

Michelle Chen | Posted 10.29.2011 | World
Michelle Chen

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.

Former San Francisco Attorney Indicted For Running Ponzi Scheme

Aaron Sankin | Posted 09.10.2011 | San Francisco

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 ...

Former Citigroup Vice President Charged With Embezzling $19 Million

Posted 08.27.2011 | Business

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

Crime in Decline? Not Necessarily

David O. Friedrichs | Posted 08.16.2011 | Business
David O. Friedrichs

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.

DOJ is Wasting Time and Money on Edwards Case

David Callahan | Posted 07.26.2011 | Politics
David Callahan

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.

Zach Carter

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

HuffingtonPost.com | Zach Carter | Posted 07.13.2011 | Business

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

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

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

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?

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

Robert David Steele | Posted 05.25.2011 | Home
Robert David Steele

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...

A LETTER TO JAMIE DIMON

Alfred Gingold | Posted 05.25.2011 | Business
Alfred Gingold

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 ...

Citibank: Will Anyone Hold Rubin and Prince Accountable?

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

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.

Did Mayor Bloomberg's 2009 Campaign Break the Law?

Aram Roston | Posted 05.25.2011 | New York
Aram Roston

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...

SEC and Bounty Hunters

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

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.

Contracting Abuses Could be Solved With New Bill

Lloyd Chapman | Posted 05.25.2011 | Politics
Lloyd Chapman

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.

Wall Street Is Laundering Drug Money And Getting Away With It

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

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.