The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called “critical and widespread deficiencies” in its programs to prevent money laundering and other suspicious activity.
Wine connoisseurs rejoiced after a jury took less than two hours to return a guilty verdict against Rudy Kurniawan.
Devyani Khobragade is accused of paying her full-time babysitter just a few dollars an hour and lying on a visa application.
A federal trial continued Friday for Rudy Kurniawan, accused of selling millions of dollars worth of counterfeit wine.
A Long Island woman has admitted she was hooked on heroin when she raised thousands of dollars by falsely claiming she had cancer, prosecutors and her attorney said Wednesday.
New York financier Bernard Madoff’s former right-hand man summed up his boss’ arrest exactly five years ago with two words: “Madoff Implodes.”
Frank DiPascali described the tangled web of deceit woven by Madoff as he juggled investors’ money and tried to keep investigators away.
Jose Katz fraudulently diagnosed patients with heart ailments and ordered them to undergo tests that he billed for, authorities said.
The alleged fraud involves the WIC (Women, Infant and Children) food stamp program.
“Real Housewives of New Jersey” star Teresa Giudice and her husband were indicted Monday on additional fraud charges.
The trial against five of Bernard Madoff’s former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff’s arrest.
FBI Agent Theodore Cacioppi said he interviewed Bernard Madoff for about an hour before arresting him. The office was then placed under surveillance so evidence could be removed.
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.
A Manhattan jury found Sylvia Mitchell guilty Friday of grand larceny and scheming to defraud. She’s jailed without bail ahead of an Oct. 29 sentencing.
A restaurant consultant got an “A” for effort, but investigators said that he got an “F” for his attempt to pull off an alleged restaurant grading scam.