Marc Rich, the world's most powerful oil trader who had systematically avoided reporters and had given his last interview over twenty years ago, finally opened up about his businesses and his private life.
Capitalizing on the collapse of the housing market, a Fair Oaks, California company claimed to provide loan modification services while siphoning mone...
UBS will hand over information on the accounts of 4,450 wealthy Americans, the bank has announed. But this should be just the beginning and the next big target should be Singapore.
The lesson from this, as if we needed reminding, is that it is vital that we maintain a beefed-up focus on white-collar crime.
WASHINGTON — High court nominee Sonia Sotomayor typically handed out tougher prison sentences than her colleagues in the federal courthouse in M...
My life had been turned upside down just a few months before, when my financier husband told me that he was pleading guilty to a charge of wire fraud. Before that, I had been leading a life of affluence that many people would have envied.
Madoff is more than just a sociopath. Too much of this story doesn't hang together and he was too functional in other aspects of his existence.
Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.
As President Obama ushers in a new era of good feeling, allow me this potentially discordant note. As we finally stop torturing people, can we please start humiliating sleazeballs?
The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.
Feb. 9 will be a big day for Samuel Waksal, the former chief executive officer of biotech firm Imclone. That's when he'll be released from federal cus...
When Spitzer and his counterparts began investigating large mortgage companies, it became clear that if there was a crime going on, and it was massive and institutional, not just individual.
Samuel Israel III tricked his investors, lied to his lawyers and misled the police. But in the end, he listened to his mother. The fugitive former ma...
The Wall Street Journal and Associated Press report that fugitive hedge fund chief Samuel Israel III, who was suspected of faking his suicide on the d...
June 11, 2008 -- A hedge-fund manager due to begin a 20-year prison stint for a $450 million fraud abandoned his SUV on a Hudson River bridge with "Su...
WHITE PLAINS, N.Y. — A car abandoned on a bridge with the phrase "Suicide is Painless" scrawled in the dust on its hood is registered to a hedge...
