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Paul Greenwood Stephen Walsh

Mini-Madoffs: The New Breed Of Downmarket Ponzi Schemers (SLIDESHOW, VOTE)

Posted 05.25.2011 | Business

Bernie certainly wasn't alone. As BusinessWeek recently pointed out, there's currently a "bull market for investment scams." Ponzi schemes, in whi...

Alleged Fraudster Paul Greenwood's Missing Horses

New York Post | Posted 05.25.2011 | Business

WHERE are Paul Greenwood's horses? The former New York Islanders owner - who was arrested with partner Stephen Walsh by the feds last month for allege...

Fraud as a Competitive Sport

B. Jeffrey Madoff | Posted 05.25.2011 | Business
B. Jeffrey Madoff

Bernie Madoff set the standard that all financial schemes will be measured against. Fraud has become a competitive sport, and you've got to steal on a major scale to get any respect in the press.

Wall Street Fraud: Two Arrested In Latest Scandal

AP | TOM HAYS and LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Federal authorities brought charges in two major securities fraud investigations Wednesday, saying one scheme fell apart because of p...