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Thursday, September 10, 2009

Video: Madoff penthouse to go on sale

The New York City penthouse where imprisoned fraudster Bernard Madoff spent his last few days of freedom with his wife Ruth is set to go on sale later this week, according to the U.S. Marshals Service.

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Wednesday, July 1, 2009

Video: Stanford's bond revoked, will remain behind bars

A U.S. District Court judge has reversed the decision of a magistrate and ordered R. Allen Stanford to remain behind bars until his trial. Stanford is accused of running a ponzi scheme, costing investors seven billion dollars.

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Video: Madoff behind bars, but probe grinds forward

A day after Bernard Madoff received a 150-year term, a person close to the investigation said Tuesday the sentencing is 'the end of the beginning' of an investigation about how Madoff pulled off perhaps the largest financial fraud in history.

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Monday, June 29, 2009

Video: Bernard Madoff gets maximum 150 years in prison

Convicted Wall Street swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud that the judge called so "extraordinarily evil" that he needed to send a message to potential copycats and victims.

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Wednesday, June 24, 2009

Video: Billionaire Stanford indicted on fraud charges

Billionaire R. Allen Stanford has been indicted on defrauding investors of more than $7 Billion. He was transferred from Virginia to Houston, where he is expected to make a court appearance Thursday.

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Friday, June 19, 2009

Video: R. Allen Stanford surrenders to FBI in Va.

The attorney for Texas billionaire R. Allen Stanford says his client has surrendered to FBI agents in Virginia. Officials, speaking on the condition of anonymity, say authorities plan to unseal an indictment charging Stanford on Friday.

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Friday, May 1, 2009

Video: Stanford tries to surrender, is denied

Allen Stanford, accused of running an $8 billion investment fraud, tried to turn himself in to federal marshals in Houston on Thursday, but they didn't take him into custody because no warrant has been issued for him.

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Friday, April 24, 2009

Video: Craigslist CEO warns crooks who use site

The chief executive of Craigslist has a message for people who try to use the popular Internet advertising site to commit crimes: You're going to get caught.

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Monday, April 20, 2009

Video: Jail for internet pirates

A Swedish court has jailed four defendants in a copyright test case involving The Pirate Bay, one of the world's biggest, free file-sharing websites.

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Wednesday, April 1, 2009

Video: Authorities Seize Bernard Madoff's Yacht, Boat

Federal authorities seized disgraced financier Bernard Madoff's antique yacht and a smaller boat from two Florida marinas early Wednesday, part of an effort to recoup assets to pay back his swindled investors.

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Saturday, March 14, 2009

Video: Madoff 'may not' stay behind bars

Bernard Madoff pleaded guilty to swindling billions and could get up to 150 years in prison. But a former assistant U.S. Attorney says he foresees a reduced sentence because Madoff is the only one who can help get the money back.

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Thursday, March 12, 2009

Raw video: Madoff arrives ahead of expected plea

Bernard Madoff arrived at the federal courthouse Thursday morning where the disgraced financier is expected to deliver on his lawyer's prediction that he will plead guilty to all 11 felony charges brought by prosecutors.

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Video: Madoff guilty plea little comfort to victims

Bernard Madoff's expected guilty plea leaves many of his ruined investors worried that the disgraced financier will take his secrets to prison with him.

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Friday, February 20, 2009

Video: UBS deal tests Swiss bank secrecy

UBS agrees to hand over client data to the United States in a tax fraud case settlement, which some say could put an end to Switzerland's banking secrecy. Switzerland's biggest bank also agreed to pay $780 million as well as identify 250 American clients who held undeclared bank accounts to avert criminal charges. But the Swiss Finance Minister says banking secrecy remains.

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Wednesday, February 4, 2009

Video: Madoff Whistleblower Talks

The man who tried to blow the whistle on Bernie Madoff's ponzi scheme told Congress that the SEC was unreceptive to his information. Armen Keteyian reports.

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Friday, January 30, 2009

Video: Accused broker in NY Ponzi scheme stays in jail

A federal judge has ruled that the owner of a New York investment firm accused of running a $370 million Ponzi scheme is entitled to bail. But he says a defense offer of a $750,000 bond, for Nicholas Cosmo, is inadequate.

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Monday, January 12, 2009

Video: New restrictions on Madoff, but no jail

A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financier but imposing new restrictions to keep him from mailing any more valuables to family and friends.

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Wednesday, January 7, 2009

Video: Prosecutors Want Madoff Jailed

U.S. prosecutors sought to revoke bail and put accussed Wall Street swindler Bernard Madoff in jail after he allegedly mailed $1 million in items. A magistrate judge is expected to rule on the motion later this week. Some lawyers say the prosecution hopes the threat of jail will convince Madoff to cooperate with their investigation into what may be Wall Street's biggest fraud.

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