fbi

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.

FBI Reportedly Investigating Foreclosure Crisis

The FBI is trying to determine if large lenders broke the law in the mortgage foreclosure crisis. The agency is trying to determine whether individuals working for large mortgage lenders acted with criminal intent or were simply overwhelmed by events during the crisis, The Associated Press reported without naming its sources.

25 most dangerous neighborhoods 2010

For the second year in a row, using exclusive data developed by Dr. Andrew Schiller's team at NeighborhoodScout.com, and based on FBI data from all...

Mortgage Fraud Rose Sharply in 2009, Data Shows

Mortgage fraud rose sharply last year after steep declines in the two previous years as the real estate market crashed, The Wall Street Journal reported. Losses from mortgage fraud, ranging from identity theft to falsified credit reports, surged 17% in 2009 from a year earlier, The Wall Street Journal said, citing data prepared by research company CoreLogic.

10 Worst Places to Live

You don't need the U.S. Misery Index to tell you that things are bad in the U.S. Unemployment is near or at all-time highs in many parts of the...

The War Over Raw Milk: A Battle Heats Up

The FDA has long banned interstate sales of raw milk, and many states restrict or prohibit the sale of raw milk entirely. After several crackdowns by federal and state agencies, raw milk drinkers are fighting back.

EBay, NRF take on crime!

EBay and the National Retail Federation are teaming up to eradicate crime! Sounds sexy until you realize the crimefighters are taking on the growing...

Health Concerns About Full Body Scanners Mount

A report by the Inter-Agency Committee on Radiation Safety, which includes the European Commission, International Atomic Energy Agency, Nuclear Energy Agency and the World Health Organization, said that the government must inform air passengers about any health risks that the screenings pose, including the possible exposure to higher radiation levels.

Haiti Earthquake Brings Charity Scams Out of the Woodwork

Within hours of last week's earthquake in Haiti, charities were scrambling to respond to the catastrophe. So too were cyber-criminals, who were looking to exploit unwitting Internet users seeking to donate to the relief effort. It has gotten so bad, the FBI and others have issued warnings to the public.