It may be hard to tell from reading the business pages of your local newspaper, but the F.B.I. assures us that crime fell last year.
Never mind that Conrad Black started his six-year prison sentence for fraud, an oil-services company was blamed for corrupting Senator Ted Stevens of Alaska, and Bernard Madoff said he fleeced investors of $50 billion with his Guinness-worthy Ponzi scheme.
This decision may raise questions as to whether the Canadian justice system as a whole is equipped to deal with complex fraud cases of this nature and magnitude
The acquittal in January of three former Nortel Networks’ executives on fraud charges prompted questions inside the RCMP about the force’s ability to tackle future white-collar investigations.
A computer hacker who taunted Japanese police for months with a string of vexing cyber riddles launched the campaign as part of a grudge against authorities, media reports said Tuesday. After cracking a set of riddles, police in Tokyo reportedly found a digital memory card attached to a cat's collar which revealed a message saying "a past experience in a criminal case" had caused the hacker to act.
Bernard Madoff, serving a 150-year prison sentence for a massive Wall Street fraud, will not be attending the funeral of his son Mark who committed suicide last weekend, his lawyer said.Mark Madoff, 46, hanged himself on Saturday, the second anniversary of his father's arrest for the biggest pyramid scheme in US history."Madoff will not be attending the funeral out of consideration for his daughter-in-law and his grandchildren's privacy," lawyer Ira Sorkin told AFP."He will be conducting a private service on his own where he is presently incarcerated."
Wall Street denizens are snapping up iPad covers made from Bernard Madoff's clothes, which were sold at auction last year. Proceeds benefit victims of white-collar crime.Redemption for Bernard L.