
Tag: Department of Justice


Madoff Victim Fund Makes Final Payout
The fund will wind down after recovering more than $4.3 billion for victims of Bernie Madoff’s $64 billion fraud.

SEC, DOJ Charge Dozy Mmobuosi in ‘Massive’ Fraud
The Nigerian businessman with claimed assets of more than $7 billion was widely reported to have been close to buying English soccer club Sheffield United.

Madoff Victim Fund to Pay Out $158.9M to Fraud Victims
The ninth distribution brings the total recovery to more than $4.2 billion over the past 10 years.

Treasury’s Record $4.3B Crypto Exchange Fine Adds to Pressure on Digital Assets

How New Proposed Antitrust Regs May Make Things Tougher for M&A
The proposed disclosure rules in the White House’s antitrust push could make filing for deals more difficult, critics argue.

Fund for Madoff Victims Tops $4 Billion in Distributions
Justice Department says total recovery from Ponzi scheme has now covered more than 88% of losses.

Justice Department Ends Investigation of Pennsylvania PSERS
A 2020 accounting error had prompted the investigation that lasted for more than a year.

Brother, Sister Charged in Alleged $124 Million Crypto Fraud Scam

Madoff Victim Fund Distributes Another $568 Million

Group Charged With Sophisticated Global Pump-and-Dump Conspiracy
US authorities allege a Canadian-led group made tens of millions of dollars in penny stock scams dating back a decade.

DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe
Legal action could influence whether the European Commission approves the $30 billion acquisition.

North Korean Extradited to US to Face Money Laundering Charges

Swiss Bank Admits to Helping US Clients Evade Taxes

Chamath Palihapitiya Weighs Lessons from a ‘Tough Week’
With his deals seeing double-digit declines, the venture capital star encourages fellow investors not to be afraid of making changes.