Thinking of robbing a bank? Bad idea. You're more likely to get away with a crime working from the inside. That's Matt Taibbi's take anyway. In...

* US looking at possible insider trading in early 2011 * Weight Watchers shares doubled during the period under review ...

By Carrick Mollenkamp and Brett Wolf NEW YORK/WASHINGTON, Dec 5 (Reuters) - HSBC Holdings Plc might pay a fine of $1.8 ...

* Part of U.S. probe of $3.7 trillion muni bond market * Fraud by ex-UBS employees spanned five years -prosecution * Def...

NORFOLK, Va. — A southeast Virginia developer and restaurateur is facing up to 20 years in prison after pleading guilty to federal bank fraud ch...

PHILADELPHIA -- A finance executive who linked her $900,000 embezzlement from the Philadelphia archdiocese to the church's sex-abuse scandal was sente...

NEW YORK (Reuters) - The Securities and Exchange Commission on Friday announced insider trading charges against retired baseball player Eddie Murray a...

CEDAR RAPIDS, Iowa (Reuters) - Russell Wasendorf Sr., chief executive of failed futures brokerage Peregrine Financial Group, pleaded not guilty to lyi...

NEW YORK, Aug 9 (Reuters) - A former Goldman Sachs Group Inc computer programmer who was cleared of federal charges in February faces new charges o...

* NFA let firms verbally pledge to do better-2002 report * CFTC report called practice troubling * Report came during mi...

By Ann Saphir CHICAGO, July 18 (Reuters) - Peregrine Financial Group CEO Russell Wasendorf Sr., who last week confessed to bilking fu...

How ironic that the industry that wants us to trust it with our funds can't manage its own money and is rife with illegal conduct.

Most of Peregrine Financial Group's missing money is likely gone. CEO Russell Wasendorf Sr. allegedly spent a significant chunk of the embezzled $...

Over the past two decades, the financial services industry has become a pervasively unethical and highly criminal industry, with massive fraud tolerated or even encouraged by senior management. But how did that happen?

Bloomberg View: Rajat Gupta, the former McKinsey & Co. chief and pal of imprisoned inside trader Raj Rajaratnam, has one goal after being convict...

WASHINGTON, June 29 (Reuters) - The U.S. Securities and Exchange Commission charged Bernard Madoff's younger brother Peter Madoff on Friday with fra...

* Peter Madoff agreed to accept 10-year prison term * Pleads guilty to conspiracy, falsifying records * Peter Madoff say...

(Corrects to show in first two paragraphs Nguyen worked at research firm, not expert network firm) By Basil Katz NEW YO...

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

Imagine calling the police to report a crime, only to have them turnaround and accuse you. That's what happened to Audrey Grisham of Bountiful, Ut...

NEW YORK -- A former investment manager known as Wall Street's "bad boy" was sentenced Thursday to 12 years in prison. Ross Mandell was sentenced by ...

By Harry Papachristou ATHENS, April 11 (Reuters) - A former Greek minister was arrested on Wednesday on money laundering charges, in t...