The WSJ reported that the courts have decided that Allen Stanford needs to remain in jail until his court case is completed. The judge said...

Following up on Satyam's auditors , the Times of India reports that Satyam was not audited by PwC (emphasis added): The questioning of ...

Ruth Madoff issued a statement (see this link or the full statement below). Among other things, she implies that she is leaving him and has...

The WSJ reports that Mrs. Madoff has agreed to relinquish her fur coats (valued at $49k), linens and bedding ($18k) and silverware ($9k). S...

If he really is the mastermind behind a $7 billion Ponzi scheme, do you think he would be worried about losing $500k ?

Read this for a follow up to the counterfeit bond story posted on June 18th . In short, the bonds were obvious fakes, the Treasury Departme...

Get this, Madoff's attorneys are asking that Bernie be sentenced to a mere 12 years in prison for running the World's largest Ponzi...

While changes in financial regulation (both changes in enforcement and structure) may provide additional comfort to investors in this post-M...

Speaking of penalties for fraud perpetrators and their families, the Wall Street Journal just reported that Ruth Madoff, Bernie's wife,...

Fraud perpetrators can be especially difficult to prosecute. As a result, many fraudsters lose their jobs, but face little or no other repe...

Danny Pang is in the news again having reportedly taken $83 million from his firm before it was seized earlier this year. Watch out for thi...

A former student of mine, Dan Leslie, pointed out an article in The Washington Post that analyzes the frequency of the last two digits in ...

Check out this article to read about the latest evidence that whenever there is money involved there will be some fraud perpetrators trying...

Among those charged in the Stanford fraud is a former chief of Antigua's financial regulatory commission. From USA Today : Leroy King a...