MISSOULA — A Kalispell woman suspected of operating a money mule business to collect money from various wire fraud schemes occurring in the United States …
DETROIT – Two Wayne County Roads Division employees were charged with embezzling over $1.7 million in county funds in a federal criminal complaint, which was …
BOSTON – A Stoneham Police Officer and his brother, an owner of an electrical contracting company, have been indicted by a federal grand jury for …
United States Attorney Ronald C. Gathe, Jr. announced that U.S. District Judge Brian A. Jackson sentenced Neiyondra Rogers, age 38, of Greensburg, Louisiana, to 33 …
(Reuters) – U.S. equity funds witnessed a third weekly outflow in the week to April 27 as investors worried about slowing global growth and a …
(Reuters) – Global money market funds obtained massive inflows in the week to April 27 as investors rushed to safer assets on concerns over economic …
By Mike Dolan LONDON – Paradigm lost? A long-held view among many investors that China’s currency and markets would one day sit at the centre …
SHANGHAI – China’s securities regulator nudged mutual funds to develop fund products for private pensions and asked them to stabilise markets, as Chinese equities witness …
SCRANTON- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Jorice Williams Dennard, age 25, of Tampa, Florida, pleaded guilty today …
(Reuters) – A Moscow court has ordered the seizure of 500 million roubles ($7 million) worth of Google’s property and funds in Russia, news agencies …
NEW YORK – Investors poured $19.8 billion into hedge funds in the first quarter, the biggest inflow of money since the second quarter of 2015, …
(Reuters) – U.S. equity funds faced big outflows in the week to April 20 as concerns over economic growth, rising yields and prospects of aggressive …
(Reuters) – Global equity funds faced massive outflows in the week to April 20, on concerns over growth due to the Russia-Ukraine war, impending rate …
LONDON – European equity funds suffered a tenth straight week of outflows at $2.9 bln, with financials leading the losses, a BofA report citing EPFR …
CHICAGO — A former paralegal for a Chicago law firm has been indicted for allegedly embezzling more than $600,000 from bankruptcy estate accounts. BECKY LOUISE …
Charlotte, N.C. Today, U.S. Attorney Dena J. King announced the filing of a federal civil complaint seeking the forfeiture of $597,891.46, seized as part of …
CAPE MAY, N.J., April 20, 2022 — Los Angeles based GreenLake Asset Management LLC (“GreenLake”) has funded a $39,500,000 acquisition loan for a beachfront hotel …
HUNTINGTON, W.Va. – An Ohio woman pleaded guilty today to theft of federal funds after embezzling nearly $49,500 from the Huntington Tri-State Airport while employed …
KANSAS CITY, KAN. – A Kansas woman pleaded guilty today to federal charges of wire fraud and filing a false tax return related to a …
PORTLAND, Ore.—A Portland area housekeeper pleaded guilty today for perpetrating a scheme to steal funds intended to help small businesses during the COVID-19 pandemic. Kimberly …
(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the …
By Jamie McGeever ORLANDO, Fla. – Hedge funds remain bullish on the dollar, holding a net long dollar position in currency futures markets for more …
PORTLAND, Ore.—A Portland man was sentenced to federal prison today for perpetrating a scheme to steal funds intended to help small businesses during the COVID-19 …
(Reuters) – U.S. equity funds faced heavy outflows in the week to April 13, as investors were spooked by rising yields and fears that the …
(Reuters) – Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start …
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Kenneth L. Huggins, Jr., 25, of Coatesville, PA, was sentenced to two years and nine …
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Devron Brown, 50, formerly of Philadelphia, PA, was sentenced to six years and six months …
SAO PAULO – Blackrock Inc’s CEO Larry Fink said on Wednesday the world’s biggest asset manager forecasts the launch of three infrastructure funds focused on …
Physician Partners of America LLC (PPOA), headquartered in Tampa, Florida, its founder, Rodolfo Gari, and its former chief medical officer, Dr. Abraham Rivera, have agreed …
WASHINGTON – U.S. asset managers are pushing back on draft rules aimed at fixing systemic risks in the $5 trillion money market funds industry, arguing …
By Giuseppe Fonte and Gavin Jones ROME – Italy has reduced its estimates for the economic growth impact of European Union funds and reforms connected …
(Reuters) – U.S. investors remained net sellers of bond funds in the week to April 6 on rising prospects of rapid reductions to the Federal …
(Reuters) – European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy …
WASHINGTON – A former Congressional staffer pleaded guilty today to theft of public funds in connection with his scheme …
PROVIDENCE, R.I. – A North Providence man who lives and works in Rhode Island today admitted that he filed COVID-relief unemployment applications in at least …
HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Sally Schrom, age 66, of Mountville, Pennsylvania, was charged …
PORTLAND, Ore.—On March 30, 2022, a Portland man was sentenced to federal prison for perpetrating a scheme to steal funds intended to help small businesses …
NEWARK, N.J. – Newark Housing Authority (NHA)’s former director of information technology admitted using his position to embezzle NHA funds to purchase cellular telephones and …
By Peter Hobson LONDON – Want to invest in ethical gold? It’s harder than it looks. A push by investment funds to avoid bullion from …
NEW ORLEANS – United States Attorney Duane A. Evans announced that NICOLE COCKERHAM (“COCKERHAM”), age 42, of Houma, Louisiana, was charged on March 28, 2022 …
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ERIN VERESPY was sentenced to 66 months in prison …
DETROIT, MI – Timothy Edmunds, the former Financial Secretary-Treasurer of Local 412 of the United Auto Workers union, pleaded guilty today to embezzling $2.2 million …
By Elvira Pollina and Giuseppe Fonte MILAN – CVC Capital Partners and rival private equity investors are looking at a potential investment into the services …
– U.S. equity funds witnessed big inflows in the week to March 23 as markets focused on a Federal Reserve rate hike and Russia’s avoidance …
By Patturaja Murugaboopathy and Gaurav Dogra – Mutual funds that invest in emerging market (EM) equities and bonds have faced huge outflows over the past …
By Pamela Barbaglia LONDON – Buyout firm Pamplona Capital Management said on Thursday it would liquidate every fund where Mikhail Fridman’s investment group LetterOne had …
By Gaurav Dogra and Patturaja Murugaboopathy – Global tech funds are back in demand and investment inflows are surging as rising inflationary pressures and a …
By David Shepardson WASHINGTON – The White House will announce on Wednesday a funding opportunity of $2.9 billion earmarked by the Transportation Department for major …
Miami, Florida – A Key West man was sentenced yesterday to 180 months’ imprisonment for laundering approximately $1 million of victim funds that were illegally …
By Huw Jones and Carolyn Cohn LONDON – Two thirds of funds in Luxembourg with heavy Russian exposure have been suspended following the Ukraine invasion, …