DoJ

Investment firm blamed fat finger error for 90% decline when losses were really due to poor trading.

The case offers a new look at decisions made inside one of the nation’s largest home lenders before the financial crisis, and the evidence that executives saw of mounting trouble.

At least 17 individuals invested $13 million in the scheme, and many lost 'substantial portions' of their life savings, prosecutors say.

Vitaly Korchevsky was convicted of pocketing at least $14 million by trading securities on information he gleaned from press releases stolen by Ukrainian hackers before they were released publicly.

DaRayl Davis spent client funds on a luxury mansion, theater tickets and car rentals, federal prosecutors say.

The banker was accused of directing a scheme that tacked hidden fees onto billions of dollars’ worth of trades by sovereign funds and other investors.

Prosecutors are presenting evidence of his training in securities markets to show that he'd likely know the information was purloined.

Cory Redding couldn't retire after the 2014 season and played another year to recoup some of his losses.

Former advisor Paul Marshall's prison term "will be little solace to the dozen victims who lost their life savings due to his greed and callous concern for their well-being,” the FBI says.

Clients thought they were investing in real estate developments that would be flipped for profit.

Overall, the advisor defrauded at least nine clients out of $1 million, which he used to pay for tuition and mortgage payments, federal prosecutors say.

The Ponzi-like scheme used investor funds to pay other investors’ debts and cover personal expenses.

The funds paid for multiple vehicles, bedroom furniture and debts at casinos, prosecutors say.

Wall Street whistleblowers just got another reason to take their gripes directly to the SEC.

The defrauded clients included the advisor’s own in-laws, who had suffered from Alzheimer’s and a debilitating stroke.

The payout brings the distribution to more than $1.2 billion, a fraction of the more than $50 billion scam.

The claims come after internal struggles at the chapter left the boardroom “untenable,” the association says.

The bank sometimes ignored the advice of its own diligence vendors in packaging and selling loans.

Investors were bilked out of approximately $611,000, say federal prosecutors.

Massachusetts is probing whether the firm's wealth management unit steered clients toward inappropriate investments and high-cost accounts.