News Topic: White-Collar Crime

In this July 27, 2009 photo, Scott Rothstein is shown in his former office. Associated Press Some of Ponzi scheme-operator Scott Rothstein’s law firm credi ... Read full article

The leader of Bernard Madoff ’s broker-dealer business was sentenced to 10 years in prison on Monday for aiding one of the largest financial frauds in U.S. history with “his meticulous bookkeeping and averted eye,” reports WSJ . ... Read full article

Teen clothing retailer Delia*s  Inc. will file for bankruptcy and shut down after it couldn’t find a merger partner or another source of money to survive after years of steady losses, The Wall Street Journal reports . The retailer’s shelves could start ... Read full article

NII Holdings  Inc. on Monday announced a restructuring deal that would put the Latin American  Nextel  carrier in the hands of its bondholders. Read Joe Checkler’s Daily Bankruptcy Review story in The Wall Street Journal. ... Read full article

An investment fund that parked all of its money with  Bernard Madoff  has agreed to give up $95 million for the benefit of Mr. Madoff’s victims in the second major settlement announced this week by the court-appointed official tracking down money tied to ... Read full article

A new legal settlement will bring in nearly $500 million for  Bernard Madoff   ’s cheated investors, putting their total recovery to date above $10 billion. Read  Jacqueline Palank’s Daily Bankruptcy Review story in The Wall Street Journal. ... Read full article

Texas entrepreneur Sam Wyly arrives at federal court in New York in May for closing arguments his civil trial. Associated Press The team of ... Read full article

Trump Entertainment As cash quickly runs out to keep Atlantic City’s Trump Taj Mahal Casino Resort open, a bankruptcy judge refused to sign off on the outlines of a bankruptcy-exit plan for owner Trump Enterta ... Read full article

This week on The Broke and the Beautiful, Teresa Giudice will serve time in the prison that was the setting for “Orange Is the New Black,” and the Backstreet Boys settled with former boy-band mogul Lou Pearlman. Also, Girls Gone Wild made a settlement ... Read full article

Texas entrepreneur Sam Wyly arrives at federal court in New York in May for closing arguments at his civil trial. Associated Press Samuel Wy ... Read full article

The Backstreet Boys perform during a concert at the City Hall in Vienna on July 15. European Pressphoto Agency The Backstreet Boys’ bankruptcy battle is ... Read full article

This week on The Broke and the Beautiful, one-half of a “Real Housewives of New Jersey” couple gets another jail sentence, and Crumbs reopened in midtown Manhattan . Also, 38 Studios’ bankruptcy trustee is looking for $232,800. ... Read full article

Marc Dreier Associated Press Marc Dreier won’t be leaving prison after all. ... Read full article

Marc Dreier Associated Press A bankruptcy judge has ruled that while Marc Dreier should testify at an upcoming trial, the imprisoned ex-lawyer can’t do so in his courtroom. < ... Read full article

This week on The Broke and the Beautiful, a judge handed down prison sentences to “Real Housewives of New Jersey” stars Teresa and Joe Giudice, and some other “RHONJ” stars are in the news as well. Also, Detroit has made a major impression on Ben Affleck, ... Read full article

Teresa and Joe Giudice arrive in court on March 4. Eduardo Munoz/Reuters “Real Housewives of New Jersey” star Teresa Giudice said filing for ... Read full article

A bankruptcy judge ruled Monday not to stop Detroit water shutoffs if people can’t pay their water bills, the Associated Press reports . ... Read full article

Marc Dreier Associated Press Imprisoned ex-lawyer Marc Dreier is back to writing legal pleas, this time on his own behalf. ... Read full article