wire fraud

Scammers, Not Soldiers: Romance Cons on the Rise

Each year, a disturbing number of women fall victim to fraudsters posing as U.S. servicemen. These con artists woo them long-distance for months, then ask for cash. "A couple of years ago we were getting hundreds of calls a year about this scam," says Christopher Grey of the Army Criminal Investigation Command. "Now we get thousands."

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.

Stanford gets public defender

Someone needs to remind R. Allen Stanford that he isn't rich any more. Getting ready to stand trial for a variety of hefty charges, he wanted a...