Attorney general

Decoding the GOP Argument Against Punishing Banks

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks' Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.

False Deeds in Md.: More Foreclosure Fraud Emerges

As if we needed more proof of the outlaw actions of banks and their agents, The Baltimore Sun reports that 1,000 or more Maryland deeds are likely forgeries created by a foreclosure mill. If the accusation is true, the false deeds will create a nightmare for the innocent people who bought the homes.

Online Buyer Beware: Cyber-Fraud Is Getting Slicker

A growing number of Americans are shopping online for the holidays -- leaving themselves vulnerable to increasingly sophisticated web fraud. The Justice Department busted 82 websites allegedly selling counterfeit and pirated goods on Cyber Monday, but more criminals are still out there.

Two More Arrested in Madoff Ponzi Scheme

Annette Bongiorno and Joann "Jodi" Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and tax evasion.

Mortgage Lenders May Meet With Foreclosure Task Force Today

A government task force investigating the foreclosure crisis may meet with mortgage lenders as soon as today, Bloomberg News reported. Attorneys general in all 50 states are investigating claims that lenders used flawed paperwork to foreclose on hundreds of thousands of homes.

Did Lawyers Commit Fraud in the Foreclosure Fiasco?

The so-called robo-signers at banks who signed thousands of foreclosure-related documents without reading them were lying under oath. But even worse were the robo-signing lawyers and their colleagues: They absolutely knew they were committing frauds that could get them disbarred.

Legal Briefing: DOJ Gets Tougher on Foreign Bribery

A dedicated team of prosecutors will be going after large-scale foreign corruption, Attorney General Eric Holder announced Sunday. Main Justice reports this effort comes on top of the stepped-up prosecutions under the Foreign Corrupt Practices Act.

Legal Briefing: Novartis Settles Sex Discrimination Case

Pharmaceutical giant Novartis lost a huge gender discrimination case in May, and faced $250 million in punitive damages, plus possibly hundreds of millions more in compensatory damages. Rather than deal with years of appeals, both sides settled Wednesday for $152 million.

Legal Briefing: Bid-Rigging Convictions Overturned

Two Marsh & McLellan executives who were convicted in an insurance industry bid-rigging case saw their convictions overturned Wednesday because the New York Attorney General's office failed to turn over 700,000 documents, including exculpatory and impeaching evidence.