John Babikian of Montreal used a now-closed e-mail list called AwesomePennyStocks to pump stocks while dumping his own shares, the Securities and Exchange Commission says.
FINRA's BrokerCheck doesn't include all the information about financial advisers that investors can get from other sources. Here's why that could be a problem for you.
Executives at two bitcoin companies are charged with money laundering charges by selling more than $1 million in bitcoins to users of the black market website Silk Road.
Week after week, the broker cold-calls you with a "guaranteed" stock tip. Each time, his prediction comes true. Is he psychic? Using insider info? Nope. It's a...
JPMorgan reported a 7.3 percent drop in quarterly profit it paid penalties to the government for not reporting suspicions of fraud by client Bernie Madoff.
Just because Bernie Madoff will spend the rest of his life in jail doesn't mean that we're safe from investment cons. Here's how to recognize the next Ponzi schemer you meet.
JPMorgan Chase agrees to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme.
JPMorgan Chase is nearing a $2 billion settlement with federal authorities to resolve suspicions that the bank ignored signs of Bernard Madoff's Ponzi scheme, a report says.
Federal officials charge two Seattle men with 35 counts of illegally trading on private Microsoft information.
Former Goldman Sachs banker Elias Preko is sentenced to more than 4 years in prison for laundering $5 million on behalf of a Nigerian governor.
The U.S. Justice Department plans to bring mortgage fraud cases against several financial institutions early in 2014, Attorney General Eric Holder says.
Here's a quick rundown from the world of business and economics this morning: the things you need to know, and some you'll just want to know.
MF Global, the bankrupt brokerage firm led by former New Jersey Gov. Jon Corzine, has been ordered by regulators to pay $1.2 billion in restitution to its customers.
JPMorgan Chase & Co said Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the housing market...
More than 8 in 10 consumers have been targeted by potential fraud online. That's scary. But what's scarier is that more than 40% of us don't recognize the warning signs.
Bernard Madoff's longtime secretary and four of the Ponzi king's other employees go to trial Tuesday as the government reveals what it found in its probe of the massive fraud.
On Sept. 18, the Fed shocked the financial world by not scaling back its support to the economy. But some traders in Chicago weren't as shocked as they should have been.
Convicted insider trader Raj Rajaratnam is living the good life in prison, with plush accommodations a balcony, TV, private toilet, and even a personal "manservant."
Wall Street's financial gurus have subjected society to a host of monstrous creations: These 5 are the ones that have done investors, employees, and taxpayers the most damage.
Medical Marijuana is now legal in 20 states, and there are some legitimate ways to invest in it. But there are also some sketchy investment schemes to watch out for.
Isabel Dos Santos is Africa's only female billionaire, but how the oldest daughter of Angola's president acquired her wealth is a tragically familiar kleptocratic tale.
A Florida man is going to prison after his astrology-based investment scheme bilked investors out of nearly $1 million.
A former Goldman Sachs trader who earned the nickname "Fabulous Fab" was found liable in a fraud case brought by federal regulators in response to the 2007 mortgage...
A stock trader nicknamed "the Octopussy" because he had so many sources of inside information was properly convicted and sentenced, a federal appeals court...
Federal prosecutors want a Venezuelan-American financier to hand over a large tax refund while he awaits sentencing in a massive Connecticut-based fraud scheme.
Ex-Enron CEO Jeffrey Skilling, in prison for crimes including fraud, was resentenced to 14 years as part of a court-ordered reduction and an agreement with prosecutors.
As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund.
Frank Carlucci was the No. 2 man at the CIA and Reagan's Secretary of Defense, but he didn't use his intelligence to defend himself from getting conned out of $32 million.