Fraud, Arrest | featured news

Ex-Goldman Sachs Group Inc trader Matthew Marshall Taylor has turned himself in to federal authorities in connection with charges that he defrauded the Wall Street bank out of $118 million in 2007, two sources familiar with the matter said.

A former bookkeeper for a cash-strapped Illinois town, who admitted embezzling $53 million to finance a lavish lifestyle centered on prize-winning horses, was sentenced Thursday to almost 20 years in prison.

Hundreds of federal agents fanned out Wednesday morning across Southern California to serve warrants in a coast-to-coast crackdown on healthcare fraud.

Ever wonder why -- after years of secrecy -- camera-ready iPod cases began rolling out? The answer could possibly be Apple supply manager Paul Shin.

Federal authorities said Friday they conducted the largest Medicare fraud bust ever and arrested dozens of suspects accused in scams totaling ...

Federal authorities say they've arrested 32 people, including doctors, in Medicare fraud busts in Houston, New York, Louisiana and Boston.