Daily News Channel
As prosecutors asked to jail Bernard Madoff for 150 years, a U.S. District Court judge Friday entered a preliminary order calling on the convicted Ponzi schemer to forfeit more than $170 billion in assets, prosecutors announced. Madoff’s wife, Ruth, will be allowed to keep $2.5 million in funds “in settlement of the claims she would have otherwise brought against the property,” acting U.S.
A U.S. soldier convicted of murdering an Iraqi family spoke out for the first time Thursday, issuing a public apology for his crimes.
The aunt of former U.S. soldier Steven Green told jurors tearfully Monday that "We did not send a rapist and murderer to Iraq" as defense lawyers worked to save her nephew from a death sentence
An Atlanta, Georgia, lawyer, whose well-publicized bout with tuberculosis caused an international health scare, is suing the Centers for Disease Control and Prevention for invasion of privacy. In the suit filed this week, Andrew Speaker alleges that the CDC released his name and sensitive medical information to the media in 2007, an act that harmed his reputation, his occupation and led to the ruin of his marriage
Alleged terrorists held at a U.S. military prison in Afghanistan can challenge their detention in federal court, a U.S.
American financier Robert Allen Stanford and his wife, Susan, owe back taxes, penalties and interest of at least $226.5 million, the IRS said in court documents filed in Dallas, Texas. The final total could be even higher because the Stanfords have not filed their income tax return for 2007.
The Securities and Exchange Commission filed charges today against high-flying Houston-based financier R.