| Posts |
|
International finance court should be formed to hear Madoff cases: lawyers group
A group of lawyers called Monday for the formation of an International Finance Court to adjudicate the issues around the Bernard Madoff fraud case. The Madoff Case Global Alliance of Law Firms, established last month at a meeting in Spain, aims to (More) |
|
SEC chairman names new director of enforcement
US Securities and Exchange Commission (SEC) chairman Mary Schapiro on Thursday named Robert Khuzami as the new director of the SEC's Division of Enforcement. Khuzmani replaces former director of enforcement Linda Thomsen, who stepped down fro (More) |
|
SEC charges financier in $8 billion investment scheme
The US Securities and Exchange Commission (SEC) charged [complaint, PDF; SEC press release] financier Allen Stanford Tuesday with orchestrating a fraudulent $8 billion investment scheme by selling certificates of deposits on the promise of improba (More) |
|
Scumbag Millionaires (Or, Weekend at Bernie's -- Again)
JURIST Contributing Editor Nancy Rapoport of the William S. Boyd School of Law, University of Nevada Las Vegas, says that until we recognize that smart people can and will do some very dumb and even crooked things, no amount of regulation will stop t (More) |
|
Madoff reaches agreement with SEC on civil charges as SEC regulator steps down
US financier Bernard Madoff consented to a partial judgment with the US Securities and Exchange Commission (SEC) Monday over civil charges brought by the SEC to obtain a preliminary injunction and asset freeze against him. According to the SEC, t (More) |
|
SEC officials pledge new commitment to enforcement in Madoff hearing
US Securities and Exchange Commission (SEC) officials on Tuesday said that the SEC is committed to greater enforcement in the wake of the recently-revealed fraud scheme allegedly perpetrated by Bernard Madoff , at a hearing before the US Senate Ba (More) |
|
Paris prosecutor to investigate Madoff's France businesses for fraud
The Paris prosecutor's office on Tuesday announced that it has opened an investigation into the French business operations of US financier Bernard Madoff , following accusations of abuse of confidence and fraud. The inquiry was sparked by a Fre (More) |
|
SEC chairman nominee committed to agency enforcement
The Chairman-Designate of the Securities and Exchange Commission (SEC) Mary Schapiro on Thursday expressed her commitment to reinvigorate enforcement [testimony, PDF; video] at the SEC during her confirmation hearing before the Senate Committee on (More) |
|
UK fraud office to investigate Madoff's UK businesses for criminal offenses
The UK Serious Fraud Office (SFO) on Thursday announced that it will open an investigation into the UK business operations of US financier Bernard Madoff to determine whether any criminal offenses have been committed in the UK. The focus will be (More) |
|
Federal prosecutor requests that Madoff be jailed for mailing jewelry to relatives
Assistant US Attorney Marc Litt on Tuesday urged that Bernard Madoff be jailed, in a brief filed with the US District Court for the Southern District of New York . Litt alleges that Madoff mailed valuable jewelry to family members in violation of (More) |
Accused Nazi war criminal, John Demjanjuk, put on trial in Israel
On February 16, 1987, accused Nazi war criminal, John Demjanjuk, went on trial in Jerusalem, Israel. The prosecution claimed that Demjanjuk was a notorious prison guard known as "Ivan the Terrible" at the Treblinka extermination camp during World War II. On this basis, Demjanjuk was convicted by the Israeli court of crimes against humanity. However, in August 1993, the conviction overturned by Israel's Supreme Court on a finding of reasonable doubt.
After the decision by the Supreme Court of Israel, Demjanjuk was returned to the United States, where he had been moved after World War II. On December 22, 2006, the U.S. Board of Immigration Appeals ordered him deported to the Ukraine on a finding that he had been a guard at other Nazi concentration camps.
