Crime and Law

Fighting tax fraud

Tax season is high season for crooks who want to steal your identity and claim your refund.

Stanford victims: 5 years later

Five years ago a massive Ponzi scheme shocked the world. Allen Stanford was accused of bilking investors out of billions of dollars and his victims are still suffering.

Way off Target

Up to 110 million people were impacted by Target’s security breach.

Alcoa faces bribery fine

Alcoa settled bribery charges with government regulators and missed earnings estimates.

JP Morgan ‘Madoff’ settlement

JP Morgan is hit with a $1.7 billion fine, but will the penalty change banker behavior?

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In a news conference on the JPMorgan settlement of the Madoff Case, U.S. Attorney for the Southern District of New York Preet Bharara said the bank as an institution, failed and failed miserably. It will cost JPMorgan Chase nearly $2.6 billion total to settle allegations that it turned a blind eye to Bernard Madoff’s epic Ponzi scheme. …

JP Morgan Madoff settlement near

JP Morgan is close to a $2 billion settlement over its role in the Bernie Madoff Ponzi scheme.

Massive data breach at Target

Forty million people who have shopped at Target in the past month may be victims of identity theft.

JPMorgan: A blind eye?

JP Morgan Chase is nearing a $2 billion dollar settlement to end an investigation into its alleged failure to warn investors about Bernie Madoff’s Ponzi scheme.

Madoff: 5 years later

The mastermind behind the biggest Wall Street fraud ever, speaks.

Enron’s downfall revisited

12 years after Enron’s collapse, one accounting professor says the company could have been saved.

Crime and No Punishment?

Companies settle criminal investigations, but individuals aren’t charged. Can companies commit crimes if executives don’t?

SAC’s Costly Settlement

Hedge fund SAC Capital Advisors will pay $1.8 billion to settle criminal and civil claims for insider trading.

Mall Security: Are You Safe?

After last week’s deadly terrorist attack in a Keyna mall, Scott Cohn looks at what security personnel are doing to make the public more secure.

JPMorgan’s Billion-Dollar Settlements

In two separate settlements, JPMorgan has agreed to pay a billion dollars in fines, including over $900 million over the “London Whale” trading fiasco. Will this damage the banks reputation?