White-Collar Crime

Tim Blixseth Jailed for Contempt

04/21/15
Tim Blixseth was ordered to jail for contempt until he accounts for million he owes creditors.
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The Daily Docket: Texas AG Cites Privacy Concerns in RadioShack Customer Data Sale

04/17/15
Tony Gutierrez/Associated Press

Texas Attorney General Ken Paxton says a plan to sell the RadioShack Corp.

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The Daily Docket: Bankruptcy Shield Protects GM From Ignition Switch Suits

04/16/15

In a 134-page ruling, a federal judge handed General Motors Co. a legal victory on Wednesday, ruling the Detroit auto maker can retain a bankruptcy shield that protects it from as much as $10 billion in claims brought by customers seeking damages tied to faulty ignition switches, The Wall Street Journal reported. 

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Another Settlement of Fraud Accusations May Be on the Way for Plethico

04/15/15

Plethico Pharmaceuticals Ltd., which has twice been accused of fraud in connection with a natural products company it sold in bankruptcy, may have once again negotiated its way out of legal trouble.

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Sam Wyly Plans to Sell Off Art, Antiques

02/24/15
In this May 6, 2014, file photo, Texas entrepreneur Sam Wyly arrives to U.S.
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‘Real Housewife’ Teresa Giudice Looks ‘Amazing’ in Prison

01/23/15

This week on The Broke and the Beautiful, Teresa Giudice looks “so amazing” in prison, TLC is using Kickstarter to fund their final album, and Timothy Durham was profiled on CNBC true-crime TV show “American Greed.”

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Judge Finds Ex-Wall Street Trader Hid Millions From Bankruptcy Court

01/21/15

A once-prominent Wall Street trader imprisoned in 2005 for embezzling $43 million from Merrill Lynch & Co. recently met the ire of a bankruptcy judge, who refused to let him get rid of his debts through bankruptcy because of repeated lies to the court.

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Madoff Customers to Receive Millions – The Numbers

12/22/14

A proposed payment to Bernard Madoff's cheated investors would allow some to be paid in full about six years after the collapse of Mr. Madoff’s massive fraud.

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The Daily Docket: Madoff Victims to Get Another $600 Million

12/18/14

Nearly $600 million worth of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme on Wednesday won the blessing of a bankruptcy judge. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Another DBSI Executive Sentenced for Role in Fraud

12/17/14

A fifth DBSI Inc. official will do time for his role in the fraud-driven collapse of the Idaho real-estate firm.

Gary W. Bringhurst, 47 years old, this week was sentenced to five years of probation—including 60 days of intermittent imprisonment—according to federal prosecutors. Last year, he pleaded guilty to conspiracy to commit securities fraud.

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