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criminal fraud

SAC Capital headquarters in Stamford, Conn. (credit: Getty Images)

Stamford Hedge Fund Sentenced For Insider Trading To Pay Largest Ever Criminal Fine

U.S. District Judge Laura Taylor Swain formally administered the sentence on SAC Capital LP and three related entities under a $1.8 billion deal.

04/10/2014

Bernard Madoff (file/credit: Mario Tama/Getty Images)

Lawyer: Former Madoff Employee On Trial For Ponzi Scheme Fraud ‘Fooled By His Lies’

The trial follows the 2008 collapse of Madoff’s private investment business, which cost clients nearly $20 billion. A court-appointed trustee has recovered much of the money by forcing those customers who received big payouts from Madoff to return the funds.

10/17/2013