Associated Press
UBS AG of Switzerland said Monday that authorities in Britain, Canada and Australia are investigating the bank's offshore business in the wake of revelations that it helped U.S. customers evade their taxes for years.
The tennis great, as well as the estate of actor Robert De Niro's father lost millions in the scam, according to one attorney
Husband and wife team accused of running Ponzi scheme in the big house
Taxi-driver-turned investment adviser told clients investments cleaved to Islamic law; 'dreams have shattered'
A Long Beach, Calif., man has been charged with running a $5.2-million "pump and dump" investment fraud that involved money laundering through Panamanian banks.
Former Denver Broncos quarterback John Elway and his business partner gave $15 million to a hedge-fund manager now accused of running a Ponzi scheme.
President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
The Securities and Exchange Commission is charging two employees at State Street Bank and Trust Co. with misleading investors about their exposure to subprime investments.
A Florida man has pleaded guilty to federal charges that he bilked four Hawaii investors out of $250,000, and admitted he bilked scores of others in what prosecutors said was a classic Ponzi scheme.
Federal regulators have warned Charles Schwab Corp. that they could bring civil charges against the discount brokerage over two fixed-income mutual funds.
