They Stole What?! 7 Bizarre Items Thieves Love
The FBI estimates that retail crime costs the U.S. $30 billion a year, and some household items that people steal may surprise you.
fbi
Jeweler to Plead Guilty in KPMG Insider-Trading Case
A jeweler who gave a former KPMG auditor cash, an expensive watch and more in exchange for inside information about public companies plans to plead guilty to securities fraud.
SAC Portfolio Manager Arrested in Insider-Trading Investigation
SAC Capital Portfolio Manager Michael Steinberg was arrested Friday in connection with a long-running insider-trading investigation, according to the FBI.
U.S. to Let Spy Agencies Scour Americans' Finances
The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
FBI Investigates Potential Insider Trading in Buffett's Heinz Deal
The FBI is looking into alleged insider trading in the options of ketchup maker H.J. Heinz Co before its blockbuster acquisition last week by Warren Buffett and Brazil's 3G Capital. The SEC says traders in Switzerland used a Goldman Sachs account to trade on purported inside knowledge of the transaction.
Beating the House: Rise and Fall of a Casino Con Man
Any fan of the Ocean's Eleven films knows the setup: An inside man handles the cards, and a high roller rakes in the dough. For Phuong Quoc Truong, the big scam wasn't a movie script: It was his way of life.
Property Crimes Rise In Places You Wouldn't Expect
Overall property crime was down in 2010 according to the FBI, despite the rough economy. But in rural and suburban areas, the larceny and burglary rates actually rose. Here's why crime is shifting away from the big cities -- and what you should do to avoid being a victim.
The SEC's Risky Expansion of Insider-Trading Cases
The feds appear to be trying to broaden the notion of insider trading to include the information-gathering of hedge funds as criminal activity. But this could be difficult to prove in court, because there's no statuary definition of insider trading.
FBI Makes First Arrest in SEC Insider Trading Probe
On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC's crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud.
Wellington, Janus Eyed for Possible Insider Trading
Wellington Management has received a document request from federal regulators looking into possible insider trading on the part of money managers with the firm, Bloomberg News reported, citing a person familiar with the process. Janus Capital Group also received such a request.
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.
