White Collar Crime

Street Gangs Clean Up on White Collar Crime

Violent street gangs that have long focused on drugs and gun running are expanding into white collar crime. According to the FBI, a slew of gangs, including the Bloods, the Crips and the Latin Kings are branching out into mortgage fraud, identity theft, check counterfeiting and bank fraud, among other crimes.

Is There an Enron SItting In Your Portfolio?

Enron may be the most infamous, but it's just one of many instances of financial chicanery in recent corporate history. Examples of such shenanigans are rich, ripe, and recurring, right up to the present. Learning to spot potential black holes -- which we'll help you do in this series -- will allow you to avoid bad investments and purge your portfolio of ticking time bombs.

Why Countrywide's Fraudster-in-Chief Isn't Going to Prison

Angelo Mozilo, the former head of Countrywide Financial, isn't going to jail. In fact, he won't even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so easy? The answer lies in the revolving door between Wall Street and its "regulators."

Legal Briefing: Ex-Enron Chief Jeff Skilling Seeks Bail

In the wake of Supreme Court ruling that restricted the use of the "honest services" statute as a basis for fraud convictions, former Enron CEO Jeff Skilling has joined the queue of high-profile corporate convicts asking for bail pending their fraud appeals.