Disbarred South Florida lawyer Scott Rothstein is negotiating a guilty plea with federal prosecutors on charges of orchestrating a $1.2 billion Ponzi
An Indianapolis woman has been sentenced to four years in prison after she was convicted of defrauding investors in an Internet business venture.
Stocks are looking to extend their gains into a seventh straight day as investors anticipate positive readings on home prices and consumer confidence.
An investment fund manager from Tennessee drew a 14-year prison sentence Wednesday in a $33 million Ponzi scheme that cheated more than two dozen investors in the United States, Germany and Costa Rica.
Morgan Stanley elevated its chief financial officer to a new role as co-chief of investment banking and global securities trading Tuesday as part of a management shake-up ahead of James Gorman's assumption of the CEO role on Jan. 1.
The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy.
A Philadelphia-area fund manager has been sentenced to 15 years in prison for running a Ponzi scheme that cheated investors out of $35 million.
A former University of California lineman who spent time in the Tennessee Titans' camp in 2001 has been sentenced to 57 months in federal prison for his role in a $5 million Ponzi scheme.
A Lubbock businessman pleaded guilty Thursday to two charges related to his bilking $50 million from investors in a Ponzi scheme.
Stocks edged higher Monday as investors returning from a long holiday weekend were heartened by good news on retail sales.
