federal investigation

Stories 21 - 40 | << Prev   Next >>

FBI Investigating MF Global's Missing Cash

Regulators take an interest as lost money now totals $900M

(Newser) - For some mysterious reason (hint, it’s the missing $700 million ), the FBI and the Commodity Futures Trading Commission are taking a keen interest in MF Global’s collapse. The Bureau is investigating to see if client funds are intact, sources tell the Wall Street Journal , and the CFTC...

Federal Investigation Could Redefine 'Insider Trading'

Prosecutors survey legal 'gray area' in landmark probe

(Newser) - Insider trading just isn’t what it used to be. As the feds mount a massive probe into the practice, its definition is becoming murkier: Where insider-traders of old simply whispered secret tips over the phone, today a wide range of data-gathering practices may be legally questionable, the AP reports....

ACLU Clamoring for Criminal Probe of Bush

Slam ex-prez over authorizing waterboarding

(Newser) - The ACLU and some US officials are calling for a criminal investigation of George W. Bush after he acknowledged directly authorizing the use of waterboarding ("damn right") in Decision Points and throughout his book tour, the Huffington Post reports. “The admission cannot be ignored,” wrote the...

Morgan Stanley Hit With Criminal Investigation

Prosecutors looking into mortgage deals

(Newser) - Looks like Goldman Sachs might have some company. Federal prosecutors have launched a criminal investigation into some of Morgan Stanley's mortgage derivative deals, the Wall Street Journal reports. Morgan Stanley created several mortgage-backed CDOs that it then bet against. Some it marketed itself, while others were sold by Citigroup and...

Ex-Blackwater Prez Hit With Federal Weapons Charges

Gary Jackson, 4 others allegedly stockpiled arms

(Newser) - The former president of Blackwater Worldwide and four other former officials at the embattled security firm were indicted today on federal weapons charges, partially the result of a raid 2 years ago by agents that rounded up 22 weapons, including AK-47s. The indictment charges Gary Jackson, who left the company...

Jihad Jane Pleads Not Guilty, Cooperates With Feds

Philadelphia woman will face trial in May

(Newser) - The Philadelphia-area woman who authorities say dubbed herself "Jihad Jane" online pleaded not guilty today in federal court to a four-count indictment charging her in an overseas terrorist plot. Colleen LaRose, 46, appeared in court wearing a green jumpsuit and corn rows in her blond hair. A May 3...

Feds Swarm Facebook for Leads, Under Cover

Documents show FBI friends suspects to mine information

(Newser) - Your next Facebook friend might well be a federal agent trying to bust you. That’s the gist of a Justice Department document obtained via the Freedom of Information Act by a privacy group. It reveals that FBI agents are mining social networks for info on suspects, ranging from alibi...

Feds Investigate Whether Hedge Funds Sank Euro

'Idea meeting' may constitute collusion

(Newser) - The Justice Department has begun an investigation into a group of hedge funds that may have colluded to short-sell the euro, driving down its value and driving up their profits. Justice sent a letter to SAC, Greenlight, and Soros—among others—the same day the Wall Street Journal reported that...

Abdulmutallab Now Cooperating With Feds

Authorities get 'useful, current' info from underwear bomber

(Newser) - The so-called “underwear bomber” is now cooperating with US authorities, who have acted upon the “useful, current” information Umar Farouk Abdulmutallab has given them, sources tell Politico . Abdulmutallab is said to have clammed up when he was given his Miranda rights less than an hour into questioning after...

Father of Terror Suspect Zazi Indicted

Mohammed Zazi, 53, charged with lying to federal investigators

(Newser) - The father of indicted terror suspect Najibullah Zazi was himself indicted today in Denver, on charges he made false statements to authorities about terrorism. Among the specific allegations: Mohammed Zazi, 53, lied to the FBI when asked if he’d contacted someone about his 24-year-old son’s troubles. The charges...

Feds Head Off Bombing Plots in Dallas, Illinois

Cases unrelated to each other; no link to Denver, NY terror arrests

(Newser) - A Jordanian citizen arrested in an elaborate FBI sting is to be arraigned today on charges of attempting to blow up a Dallas skyscraper. The court appearance comes a day after an Illinois man was charged with plotting to detonate a bomb near a Springfield courthouse, only to learn that...

'Cop Tipster' Imam May Have Alerted Terror Ring

Imam recorded on phone warning alleged ringleader of terror probe

(Newser) - A Queens imam was secretly recorded in a phone conversation warning a Denver terror suspect that law enforcement authorities were moving in, reports AP. Authorities are now investigating if imam Ahmad Wais Afzali may have used his role as a presumably reliable New York police department tipster to glean information...

Feds Have Up to 12 Suspects in NYC Bomb Plot

Qaeda link could lead to material support charges for Zazi

(Newser) - Investigators have linked up to 12 others to the alleged bomb plot that led to the arrest of Najibullah Zazi, his father, and an informant Saturday, the Los Angeles Times reports. While details of the investigation and the plot are sketchy—an assistant AG says “no specific information regarding...

Madoff on Fooling SEC: 'Just Be Casual'

Ponzi schemer taped giving associates tips to dodge regulators

(Newser) - The most important thing to remember if you want to fool the SEC is to act casual, Bernie Madoff told executives at Fairfield Greenwich Group. “You don't want them to think you're concerned about anything,” the Ponzi scheme mastermind said in a phone call taped in 2005, CNN ...

Just What Obama Didn't Need: a CIA Probe
 Just What Obama 
 Didn't Need: a CIA Probe 
ANALYSIS
Aug 25, 2009 4:51 AM CDT

Just What Obama Didn't Need: a CIA Probe

(Newser) - The White House was busily waging a do-or-die battle to pass health reform when it was suddenly handed exactly what it wanted to avoid: a polarizing battle about Bush-era tactics that President Obama has already condemned. Obama is attempting to remain above the fray as the administration insists that AG...

Pranksters Get Guests to Trash Hotels Like Rock Stars

(Newser) - A dastardly online organization has taken prank-calling to nefarious highs and is being investigated by the FBI, Fox News reports. PrankNET and its leader, “Dex,” have used untraceable Internet phone calls to:
  • impersonate a corporate honcho and make KFC employees spray down their entire restaurant with fire suppressants,
...

Monopoly Cops May Find Google Too Popular to Bust

Google Has Good Product, But It's Also a Monopoly

(Newser) - The government is finally getting wise to the fact that Google holds a monopoly on Internet advertising, and has launched two antitrust investigations, Therese Poletti writes for MarketWatch. Google is “becoming almost a privatized version of the dreaded Big Brother from George Orwell's 1984,” Poletti writes, worse even...

Edwards Admits Feds Probing Hush Cash

Candidate may have paid off mistress with campaign donations

(Newser) - John Edwards is being investigated by feds looking to see if he illegally used 2008 campaign funds to hush up mistress Rielle Hunter, the former candidate told the Charlotte Observer, confirming an earlier report in the Edwards-happy National Enquirer. Hunter, hired to film the candidate, was paid $114,000 by...

Shoplifting Couple Raided After Appearance on Dr. Phil

(Newser) - A couple that revealed their thieving ways to TV psychologist Dr. Phil appear to have received a federal investigation in return, the North County Times reports. The California couple appeared on Dr. Phil’s show in November and were shown on a 3-day shoplifting road trip with their children. Last...

Lawyer Bolted From Stanford, Sparking $8B SEC Action

Attorney 'disaffirmed' earlier statements

(Newser) - A Washington attorney who represented R. Allen Stanford’s Antigua-based bank quit his post and recanted testimony to investigators last week, sparking the SEC’s public accusations of “massive, ongoing fraud,” Bloomberg reports. Stanford is suspected of misrepresenting the safety of $8 billion invested with his various financial...

Stories 21 - 40 | << Prev   Next >>