ZeekRewards: A $600 Million Ponzi Scheme Born in a N.C. Town by The Associated Press Mar 30th 2013 11:20AM The SEC says Paul Burks ran a $600 million Ponzi scheme -- one of the biggest in U.S. history -- that attracted 1 million investors, including nearly 50,000 in North Carolina.
Rengan Rajaratnam, Brother of Hedge Fund Founder, Indicted by The Associated Press Mar 21st 2013 4:15PM The brother of jailed one-time billionaire hedge fund boss Raj Rajaratnam has been charged with conspiring with his brother to cheat on Wall Street through insider trading.
Hedge Fund Agrees to Pay $600M to Settle Insider-Trading Charges by The Associated Press Mar 16th 2013 4:52PM Two affiliates of SAC Capital Advisors, the hedge fund run by billionaire Steven Cohen, will pay more than $614 million to settle insider trading settlement charges.
SEC Charges Illinois With Fraud -- and Settles Immediately by Rich Smith Mar 12th 2013 12:10PM On Monday, the Securities and Exchange Commission published a notice that simultaneously charged the state of Illinois with committing securities fraud and also settled the...
