State Street Corp agreed to pay $12 million to settle fraud allegations relating to a pay-to-play scheme to win Ohio pension fund contracts. The company’s former head of public ...

Joseph Zada has been sentenced to 17.5 years in prison after being found guilty of scamming more than 45 people out of a total of $37 million. Zada convinced victims to trust him with ...

Eleven banks agreed to pay $63 million to settle allegations that they defrauded the Virginia Retirement System before the economic recession. It was the largest non-health care-related ...

Paul Simoneachi, an insurance agent from Brooklyn, pleaded guilty on Tuesday to scamming 21 elderly consumers out of more than $4.5 million in savings. Simoneachi preyed upon Italian ...

Indiana’s Adult Protective Services is not equipped to handle most cases of financial exploitation, an investigation by IndyStar has found. Financial exploitation of older adults ...

The Securities and Exchange Commission have made variable annuities a point of interest in its examination priorities. The popular part of retirement plans are a focus for the SEC ...

Former pharmaceutical executive Martin Shkreli is seeking new representation in his fight against securities fraud charges. Shkreli’s attorneys filed a letter requesting new counsel ...

After nearly a decade of investigations by securities regulators after accusations of insider trading, Steven A. Cohen will be able to manage outside money in two years. Although federal ...

Five defendants are posed to go to trial in one of UK’s biggest insider-trading scandals ever. The five, Martyn Dodgson, former managing director of Deutsche Bank, Andrew Hind, ...

Capitol One has accused former employees Bonan Huang and Nan Huang (no relation) of using company databases to engage in insider trading. The cases allege that the two partook in possibly thousands ...