The Department of Justice says bank employees ignored the warnings of its primary due diligence vendor about the quality of loans underlying its RMBS.
Whether internal or external, audits rarely detect insider fraud. Here’s why.
U.S. authorities say the Brazilian energy giant padded its financial statements to conceal the payment of kickbacks to company executives by…
Edward DiMaria argued the fraud amounted to only an “incremental smoothing of earnings” but prosecutors said he "blatantly manipulated" Bankrate's…
The SEC's move highlights its "strict stance against letting ETFs tracking bitcoin and other cryptocurrencies come to market."
How many schemes did telecom expense management company Tangoe have for recognizing revenue improperly and hiding its pre-tax losses?
Carl Ruderman allegedly used a substantial amount of the funds raised for a cash-advance business to support his own lavish lifestyle.
A Citigroup subsidiary failed to detect fraudulent invoices and work estimates in a receivables factoring program for an oil industry provider.
The SEC says David Laurance used misleading marketing materials to try to raise $5 million by selling "Tomahawkcoins."
The Justice Department says the penalty is the largest it has ever imposed for financial crisis-era misconduct at a bank.