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fraud

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Mar 10

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Madoff Expected to Plead Guilty as Details of Alleged Fraud Case Emerge

Lawyers for Bernard Madoff, who allegedly defrauded investors of nearly $50 billion, said that the former Wall Street financier would likely plead guilty to 11 criminal counts on Thursday. New York Times reporter Diana Henriques updates the story.

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Mar 06

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Other News: Congress Fails to Pass Budget Bill

In other news, the Senate failed to pass a $410 billion budget bill for the current fiscal year, and there were signs that money manager Bernard Madoff may be closer to a plea deal in his pending $50 billion fraud…

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Feb 04

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SEC Slammed During Madoff Hearing for Ignoring Alleged Ponzi Scheme

Lawmakers and a whistle-blower blasted the Securities and Exchange Commission during Congressional hearings into the case of Bernard Madoff, a Wall Street investor accused of massive fraud. Kwame Holman reports.

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Dec 17

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SEC Looks Inward at Regulators' Handling of Madoff Case

The SEC chairman has criticized his own agency's failure to investigate warnings about Bernard Madoff, who is accused of a massive fraud scheme. Analysts examine the SEC's inquiry.

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Dec 16

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Madoff's Wall Street Schemes Snare Several Prominent Investors

The size of the scandal surrounding Wall Street trader Bernard Madoff's alleged fraud continues to unravel, drawing in charities, foundations and top investors. Mort Zuckerman, the head of a charitable trust caught up in the schemes, and an SEC analyst…

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Dec 12

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Prominent Trader Charged With Multi-billion-dollar Fraud

A prominent Wall Street trader was arrested on charges of massive fraud that may cost investors $50 billion. Wall Street Journal reporter Tom Lauricella discusses what may be the largest fraud scheme in the history of Wall Street.

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Oct 29

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Candidates Fight for Votes in Battleground States

Sens. Barack Obama and John McCain exchanged jabs over their tax plans and the economy as they campaigned Wednesday in Florida and North Carolina. Judy Woodruff reports from the campaign trail.

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Oct 17

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Election Officials Grapple With Voting Irregularities in New Mexico

Recent elections in New Mexico have encountered voting irregularities, including missing ballots and technical troubles. After a report on efforts to ensure a fair election in Albuquerque, an election law expert examines the voting problems.

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Jun 19

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Mortgage Fraud Sweep Nets Hundreds of Arrests

The Justice Department and the FBI announced hundreds of arrests Thursday for mortgage fraud, which is blamed for sparking a national credit crisis and nationwide housing crisis. An NPR correspondent and Columbia Law professor examine the government crackdown.

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Apr 25

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Doesn't Bear Sterns hiding of their problems while continuing to sell mortgage-backed securities as if all was well constitute fraud?

Question/Comment: Bear Sterns did not go under overnight. Unless they are incompetent, the executives must have known what was happening for at least a year, maybe longer. So how come they took hundreds of millions in salary and bonuses (maybe…

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