U.s. Adds Muscle To Financial Fraud Investigations

WASHINGTON (Reuters) - An Obama administration task force probing misconduct that fueled the financial crisis is increasing its ranks, adding five financial analysts and 10 new federal prosecutors spread across the country, according to a senior Justice Department official.

RELATED ARTICLES
  • Portman among 47 GOP senators to sign letter to Iran
    WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
  • Feds in NYC: Hackers Stole $45M in ATM Card BreachFeds in NYC: Hackers Stole $45M in ATM Card Breach
    A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. More
  • Man who faked his way into cockpit pleads guilty to fraud
    The man who conned his way into the cockpit of an US Airways flight in March pleaded guilty Wednesday in Philadelphia to one count of fraud in connection with an identification document. More
  • Six politicians plead not guilty in alleged NYC mayor's race plotSix politicians plead not guilty in alleged NYC mayor's race plot
    New York State Sen. Malcolm Smith and five other politicians pleaded not guilty Tuesday to corruption charges in connection with an alleged plot to buy a line on New York City's mayoral ballot. The allegations revived public concerns about a documented culture of exploitation in Albany that has prompted officials to seek legal recourse to induce change. More
  • Banks Revive Risky Loans and Mortgages
    Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More
ASK NEWS:
  • Reporting from ASCRS•ASOA SideXSide 2015 - Eye World
    ... financial interests with Alcon and Glaukos. Dr. Tipperman has financial ... “I think sustained release will be a game changer for us,” Dr. ...
    03/27/2015 - 10:09 am | View Link
  • Reporting from ASCRSASOA SideXSide 2015 - Eye World
    ... financial interests with Alcon and Glaukos. Dr. Tipperman has financial ... “I think sustained release will be a game changer for us,” Dr. ...
    03/27/2015 - 9:20 am | View Link
  • More
BING NEWS:
  • Elk Grove mortgage fraud case sees its 9th sentencing
    In addition, U.S. District Judge John Mendez ordered Ms. Faulkner to pay over $3 million in restitution to defrauded financial institutions. Ms. Faulkner is the ninth defendant to be sentenced as the result of a large-scale mortgage fraud scheme operating ...
    03/3/2015 - 4:19 pm | View Link
  • How activist hedge funds ‘on steroids’ have become a boardroom enemy
    There are currently more than 400 activist hedge funds flexing their muscle worldwide: during the first six months ... Mr. Ackman was left to apologize for overhyping a promise to reveal an Enron-style fraud at Herbalife Ltd. during a webcast in July.
    11/14/2014 - 10:02 pm | View Link
  • Michelle Malkin, David Bossie Battle Liberals with ‘Rocky Mountain Heist’
    The fact that the movie could be seen in the first place took legal muscle ... Documentaries like Rocky Mountain Heist represent the “cultural penetration of the right’s best and brightest minds,” she adds. Dudley Brown, President of the National ...
    10/21/2014 - 9:00 pm | View Link
  • MasterCard Builds Its Mobile-Wallet Muscle in Telco Pact
    "It also comes across as a last-ditch effort to save NFC," Crone adds. "If I were a Canadian, or even a U.S. financial institution, I would be trying to leapfrog NFC and use a technology that can get to the merchants and consumers without needing the ...
    11/8/2013 - 1:03 am | View Link
  • Texas classic car dealer pleads guilty to bank fraud
    A Texas car dealer who admitted padding his financial statements with classic ... Owner and operator of North Texas Muscle Cars, Inc., in McKinney, Prince pleaded guilty on Sept. 6, 2012, to bank fraud and money laundering, the release said.
    08/15/2013 - 11:58 am | View Link
  • More
BING SEARCH:
  • U.S. Government Accountability Office (U.S. GAO)
    Duplication & Cost Savings: GAO's new report on areas where the federal government could reduce duplication and achieve cost savings.
    03/31/2015 - 8:01 pm | View Website
  • SINA Stock Price & News
    P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted ...
    03/31/2015 - 4:12 pm | View Website
  • The U.S. Small Business Administration | SBA.gov
    Hello from the open road, the southeast leg of the #SBIRRoadTour. Small Business Innovation Research (SBIR) personnel from different agencies on a bus tour to meet ...
    03/31/2015 - 1:49 pm | View Website
  • Financial crimes
    Financial crimes are crimes against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and ...
    03/31/2015 - 7:15 am | View Website
  • Financial Educators | Consumer Information
    Money Matters! Do you teach people about everyday financial issues? Consumer information from the FTC is free and in the public domain. That means you can print it ...
    03/30/2015 - 5:46 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News