Originaly by LA Times: Shorter sentences: Bernard Madoff’s 150-year prison sentence far exceeds those given for other white-collar crimes of the last three decades. Ivan Boesky The central player in Wall Street’s insider trading scandals of the 1980s served 22 months of a three-year sentence...

Originaly by Julie Bykowicz: Lawsuit claims Baltimore harmed by predatory lending practices Baltimore City will attempt to show a federal judge on Monday that it has lost millions of dollars because of what it contends were racially biased predatory lending practices by Wells Fargo. In what will amount...

Originaly by TWCA:  A mother who was addicted to gambling and persuaded her two sons to take part in an elaborate loan scam involving $1.3 million dollars was handed a 15-month jail term in the Perth District Court on Monday. Tuong Hoc Mac and her two sons, Hoang Tri Mac and Phan Mac, were among the...

Originaly by Mike Sunnucks:  Arizona Attorney General Terry Goddard said the state is investigating more than 50 mortgage modification and refinancing firms his office has received complaints about for ripping off consumers. Though Goddard would not disclose which companies are under investigation,...

Originaly by Kim Kowalski: Seeks to shut down operations throughout Ohio (COLUMBUS, Ohio) – Ohio Attorney General Richard Cordray today filed three lawsuits in a continuing effort to rid the state of foreclosure rescue scams operations. The lawsuits, filed against 21st Century Legal Services (Franklin...

Originaly bu NCG: Heller faces 15 years in prison for thefts MINEOLA, NY - Nassau County District Attorney Kathleen Rice announced today that an East Meadow attorney has been arrested and charged with three felonies after three victims accused him of stealing more than $100,000 of their money. Craig...

Originaly by MFR: In the following press release Dakota County Attorney James Backstrom announced that Kuntee Singramdoo, age 49 of Lakeville, has been charged with five counts of Theft and three counts of Theft by Swindle (all felonies), in connection with the theft of over $220,000 while she worked...

Originaly by Joe Dominguez:  PUEBLO - A Pueblo native that helped broker home mortgage deals for at least close to two dozen local families has been indicted by a federal grand jury in Denver. Danny DeGrande allegedly lied to obtain the mortgages then used his profits to live extravagantly while Pueblo...