Fraud And False Statements
SANTA ANA, Calif. - The stock options that made many of Broadcom's early employees millionaires overnight were an important part of making the chip-maker a success, co-founder Henry Samueli said Tuesday in the fraud trial of the company's former chief financial officer.
CHICAGO - A California businessman has been accused of using bogus financial data to defraud investors who put $60 million into a health care transaction software company he founded.
ST. PAUL, Minn. - A Minnesota businessman accused of orchestrating a massive Ponzi scheme testified Tuesday that he did not knowingly participate in the fraud and may have "trusted some people far too much." Tom Petters took the stand in the third week of his trial on 20 counts of wire fraud, mail fraud, conspiracy and money-laundering and proclaimed his innocence.
NEW YORK - Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the crooked financier's massive Ponzi scheme and were given hush money when they threatened to stop lying, federal prosecutors said Friday.
LINCOLN, Neb. - A simple Google search of Michal Preclik's name turns up an Interpol wanted poster from his native Czech Republic.
- Fraud fugitive busted after unwise friend request
- Agents arrest dozens for theft scheme in US, Egypt
- Nearly 100 charged in US, Egypt in ID theft scheme
- Dozens arrested in US, Egypt in ID theft scheme
- FBI arrests dozens for 'phishing' ID theft scheme
- NY judge gives ex-Monster exec 2 years in prison
- AP News in Brief
- Former Monster COO convicted of stock option fraud