Tag Archives: Federal Bureau of Investigation

Bankers And Brokers And Inside Traders Arrested, Oh My! – Update – 8 August 2012

(Lucas: The list is daily updated daily and  has substantially grown since my first publishing. )

  1. 6/23/12: Social welfare ‘scam’: Two bank officials arrested Muzaffarnagar, India Jul 23 (PTI) Two officials of a public sector bank were arrested for their alleged involvement in a multi-crore Rupee scam in the Uttar Pradesh social welfare department, police said today.The bank’s branch manager Pramod Sharma and cashier Rajender Sharma were arrested yesterday in this connection, SP (City) Raj Kamal Yadav said. He also said that a hunt was on to nab Anil Verma, the main accused in the scam that took place during 2008-09. A former district welfare officer, Rinku Singh Rahi, had alleged a multi-crore scam in the social welfare department by staging a dharna in Lucknow seeking reply to an RTI query in connection with the “scam”. The Samajwadi Party government had ordered a probe into Rahi’s charges after coming to power in March this year. Continue reading
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Mariano Andrade – Daily Telegraph – Bernie Madoff’s Brother Peter Faces 10-Year Jail Term For Role In The Ponzi Scheme – 1 July 2012

PETER Madoff, brother of shamed US financier Bernard Madoff, has pleaded guilty to helping cook the books of the world’s biggest Ponzi scheme, and faces a 10-year jail term.

“I apologise to the people I hurt and to my family,” Madoff, 66, told a packed Manhattan court after confessing to tax fraud and falsifying documents on behalf of his brother, who is already in jail.

Read the whole story : http://www.dailytelegraph.com.au link to original article

David Henry – FBI Launches JP Morgan Probe, Shareholders Back Dimon – 15 May 2012

Protestors hold signs and pictures of CEO Jamie Dimon as JP Morgan Chase & Co convenes its annual shareholders meeting at the bank's back-office complex in Tampa, Florida, May 15, 2012. REUTERS/Brian BlancoBy David Henry

TAMPA, Florida | Tue May 15, 2012 1:54pm EDT

(Reuters) – The FBI has opened a probe into trading losses at JPMorgan Chase & Co, stepping up the pressure on the bank after the U.S. Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses. Continue reading

Tom Espiner – Vatican Confirms Second Anonymous Hack – 14 March 2012

Vatican City

By Tom Espiner, 13 March, 2012 12:33
Confession of a Former White Hat

The Vatican has confirmed a second attack against its website by the Anonymous hacking group, and an infiltration of its radio database.

The Vatican has confirmed a second hack on its systems by the Anonymous activist group. Continue reading

FBI Building Insider Trading Cases On 120 People – Herald Sun – 28 February 2012

(The FBI is investigating suspected criminal insider trading on Wall Street. AFP)

FEDERAL authorities are seeking to build insider trading cases against roughly 120 individuals on and off Wall Street in an expanding criminal insider trading investigation that has shaken the financial and corporate worlds. Continue reading

Matthew C. Cox – Understanding The White Hats – 16 February 2012

It may be my Christian background or it may be prudence. Whatever the case, when I hear something new, I find myself looking for confirmation. The Biblical mandate to establish something at the mouth of “two or three witnesses” is an obsession for me.

If those witnesses don’t know each other, this gives the new information even more credibility.

Therefore, when I first heard about “The White Hats,” I reserved judgment. According to written reports, The White Hats are a group of people who work within government institutions. They work for the military, CIA, FBI, Pentagon, and other government agencies. Continue reading