Federal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving bitcoins.
An investment fund manager has admitted in a Long Island courtroom to stealing nearly $100 million of investors’ money in a Ponzi scheme that helped fund his interest in a Hamptons resort.
A former partial owner of the Islanders pleaded guilty to securities fraud Friday, admitting his participation in a 13-year fraud that authorities said enabled him to misappropriate more than $50 million for his own use.
If convicted, Brian Callahan and Adam J. Manson each face a maximum sentence of 20 years in prison on each of the securities fraud, wire fraud and conspiracy to commit wire fraud counts.
A San Diego man has pleaded guilty to insider trading charges in New York in a government crackdown on expert networking firm consultants who give illegal stock tips to hedge funds.
An Ivy League-trained physician who became a health care investment analyst surrendered Wednesday on charges that accuse him of evading $30 million in losses.
Henry “Hank” Morris was sentenced Thursday by a judge in Manhattan.
Bernard Madoff’s former secretary has made bail and will await her New York trial while on house arrest.
The 53-year-old Moffat of Ridgefield, Conn., was once considered a candidate for chief executive officer at International Business Machiones Corp.