Austria aiding US, British prosecutors checking possible Madoff ties to Vienna bankerVIENNA — U.S. and British investigators have joined Austrian prosecutors in examining possible ties between a Vienna fund manager and disgraced financier Bernard Madoff, whose multibillion-dollar Ponzi scheme wiped out thousands of investors and charities worldwide, an official said Monday. Manhattan penthouse where financier Madoff lived seized by US marshals, wife must leaveNEW YORK — The U.S. Marshals Service on Thursday took possession of disgraced financier Bernard Madoff’s $7 million Manhattan penthouse in a move that forced his wife to move elsewhere. Pa. man gets 2-10 years in prison for helping son vandalize oil tank, damaging national forestBRADFORD, Pa. — A northwestern Pennsylvania man was sentenced to two to 10 years in state prison for conspiring with his son to cause an oil spill in the Allegheny National Forest because he was upset with his former employer. Trustee: $231 million authorized so far for nearly $3 billion in claims by Madoff investorsNEW YORK — A court-appointed trustee unraveling Bernard Madoff’s massive fraud so far has allotted $231 million from a securities industry fund that compensates victims — a record amount for the fund, but a mere fraction of what was lost. Ailing US lawyer imprisoned in Belarus on widely denounced charges walks free after pardonMINSK, Belarus — An ailing American lawyer who was imprisoned in Belarus last year on charges of using fake documents and attempted industrial espionage walked free Tuesday night after a presidential pardon. Ind. prosecutors: Ex-pastor, sons charged in multimillion-dollar scam targeting church membersINDIANAPOLIS — A former pastor and his sons were charged with securities fraud in Indiana on Tuesday in what officials said was a multimillion-dollar scheme aimed at church members who thought they were helping build churches but were actually buying the men planes and sports cars. Judge sides with prosecutors, revokes Texas financier R. Allen Stanford’s bondHOUSTON — Texas financier R. Allen Stanford could spend up to the next year in jail awaiting his trial on charges he allegedly swindled investors out of $7 billion. Conn. mother and son sentenced to probation for roles in 2005 crash that killed 4HARTFORD, Conn. — A Connecticut woman and her son have been sentenced to three years probation for attempted insurance fraud and evidence tampering after a wreck that killed four people in 2005. Former Alabama Gov. Don Siegelman asks for new trial in corruption caseMONTGOMERY, Ala. — Former Alabama Gov. Don Siegelman is asking for a new trial following his convictions on bribery and other government corruption charges a few years ago. Attorneys await judge’s decision on whether Texas financier Stanford’s bond will be revokedHOUSTON — Attorneys for Texas financier R. Allen Stanford are hoping a federal judge will side with them and allow their client to be free on bond while he awaits trial on charges he swindled investors out of $7 billion. Bernie Madoff sentenced to spend remainder of life in prisonBernie Madoff joins long white-collar prison roll A look at some other figures serving time for their involvement in high-profile financial scandals: Decision on whether judge will revoke Texas financier Stanford’s bond to come TuesdayHOUSTON — Texas financier R. Allen Stanford will spend at least one more night in jail after a federal judge said he won’t decide until Tuesday whether to free the once highflying businessman on bond while he awaits trial on charges he swindled investors out of $7 billion. Supreme Court won’t block Cablevision’s remote-storage digital video recording systemPHILADELPHIA — Cable TV operators won a key legal battle against Hollywood studios and television networks on Monday as the Supreme Court declined to block a new digital video recording system that could make it even easier for viewers to bypass commercials. Bernard Madoff sentenced to maximum 150 years in prison for vast fraud schemeNEW YORK — A federal judge rejected Bernard Madoff’s plea for leniency Monday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an “extraordinarily evil” fraud that took a staggering toll on thousands of victims. Gains in commodities lift energy, industrial shares; Investors await week’s key dataNEW YORK — A jump in oil prices sent investors rushing to put money into the stock market in the final days of the second quarter. Supreme Court won’t block Cablevision’s remote-storage digital video recording systemsWASHINGTON — Hollywood studios and television networks lost their bid Monday for the Supreme Court to block the use of a new digital video recorder system that could make it cheaper and easier for viewers to record shows and watch them when they want, without commercials. Victims urge stiff term for Madoff at convicted swindler’s sentencing in NYCNEW YORK — Bernard Madoff’s fraud victims are urging a stiff sentence for the mastermind of a multibillion-dollar fraud scheme. Stocks begin holiday-shortened week in positive territory, investors await week’s key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Former HealthSouth CEO Scrushy asks for new trial, citing selective prosecutionMONTGOMERY, Ala. — Former HealthSouth CEO Richard Scrushy asked a judge to grant him a new trial Friday, saying he was a victim of selective prosecution when he was convicted of bribery in 2006. Wife of congressman admits taking bribes, becoming latest Detroit politician felled by scandalDETROIT — City Councilwoman Monica Conyers pleaded guilty to bribery charges Friday, becoming the latest Detroit politician taken down by scandal and marking a victory for federal prosecutors in their nearly two-year investigation into city corruption. Judge delays Texas financier R. Allen Stanford’s release on bondHOUSTON — Texas financier R. Allen Stanford, facing trial on charges he swindled investors out of $7 billion, will spend the weekend behind bars after a federal judge Friday ruled to delay his release on bond. Judge delays release on bond of billionaire Stanford, accused of $7B swindleHOUSTON — A federal judge has delayed releasing Texas billionaire R. Allen Stanford on bond until he can review a decision to allow the financier to be free until his trial on charges that he swindled investors out of $7 billion. Defense attorney asks judge to uphold bond decision for Texas billionaire StanfordHOUSTON — Defense attorneys are opposing a prosecutors’ request to delay an order letting Texas billionaire R. Allen Stanford post a bond that would free him until he is tried on charges he swindled investors out of $7 billion. Prosecutors appeal order that would free accused swindler Stanford on bond pending trialHOUSTON — Prosecutors asked a federal judge Friday to delay an order allowing Texas billionaire R. Allen Stanford to post bond that would free him until he is tried on charges he swindled investors out of $7 billion. Prosecutors appeal order that would free Texas billionaire Stanford on bond pending trialHOUSTON — Prosecutors are asking a federal judge to delay an order allowing Texas billionaire R. Allen Stanford to post bond that would free him until he is tried on charges he swindled investors out of $7 billion. Detroit lawmaker Monica Conyers, wife of powerful congressman, pleads guilty to taking bribesDETROIT — City Council member Monica Conyers, the wife of powerful and popular Democratic congressman John Conyers, pleaded guilty Friday to accepting cash bribes in exchange for supporting a sludge contract with a Houston company. Detroit Council member Monica Conyers, wife of congressman, pleads guilty to taking bribesDETROIT — City Council member Monica Conyers, the wife of powerful Democratic congressman John Conyers, pleaded guilty Friday to accepting cash bribes in exchange for supporting a sludge contract with a Houston company. Detroit Council member Conyers, wife of veteran congressman, charged with taking bribesDETROIT — City Council member Monica Conyers, the wife of a powerful Democratic congressman, was charged Friday in a bribery scandal, accused of accepting cash bribes in a filing that typically signals a plea deal has been struck. Antigua’s former top financial regulator surrenders in alleged Stanford swindleST. JOHN’S, Antigua — Antigua’s former chief financial regulator surrendered Thursday to face U.S. charges that he aided an alleged $7 billion swindle by Texas billionaire R. Allen Stanford, government officials said. Indicted Texas billionaire R. Allen Stanford pleads not guilty to fraud chargesHOUSTON — Texas billionaire R. Allen Stanford has pleaded not guilty to charges he swindled investors out of $7 billion as part of a massive investment scam. |