A former Citigroup Inc vice president who admitted to embezzling more than $22 million was sentenced on Friday to 8 years in prison, federal prosecutors said. Gary Foster, 35, pleaded guilty in September ...
On Tuesday morning, the U.S. Supreme Court, ruling in an insider trading case for the first time in two decades, upheld the conviction of a Chicago man - Bassam Salman - in a decision that could make it easier to prosecute people accused of profiting from confidential information.
Github/blakeebA Washington state man was sentenced on Friday to eight years in prison for his role in helping the management of the successor website to Silk Road, an online black market where illegal drugs and other goods were sold.
An associate of the Montreal-based Rizzuto organized crime family was sentenced to 10 years in prison as part of a massive drug-trafficking ring and was ordered to hand over more than $2-million in illegal profits.
Alessandro Taloni and ten others based out of Montreal, connected to the Rizzuto and Bonanno crime families, the Hells Angels and the Sinaloa Cartel, were responsible for trafficking more than $1-billion in illegal drugs into the U.S. between 1998 and 2012, prosecutors say.
The former chief executive of Enron, jailed for his role in the collapse of the energy giant, could be free before the end of the decade after he was given a shorter sentence as a result of an agreement with prosecutors.