29 min ago
River Front Times
Heard About the Man in a Bow Tie Who Fooled East St. Louis and Later Stole $1 Million?
This week's cover story is about Fredrick Douglass Scott, a 20-something con-man who talked his way into getting the rights to the East St. Louis riverfront and eventually ended up getting arrested for fraud on Wall Street.
Trending on the Topix Network
Tue Mar 11, 2014
On this day: March 12
Coca-Cola is bottled for the first time, Nazi troops march into Austria, "Dennis the Menace" debuts, and Bernie Madoff pleads guilty to running an $18 billion Ponzi scheme, all on this day.
Dead Madoff Executive Blamed for Deceptive Computer Code
Bernard Madoff 's former chief information officer, who died 10 months before the con man's arrest, was responsible for the company's deceptive computer code and related projects, not two ex-programmers on trial, a defense lawyer told jurors.
How To Legally 'Steal' Thousands Of Dollars From Wall Street
Let's be frank for a minute. After the pain and suffering caused by the global financial crisis, not to mention the losses many investors experienced, a lot of people still feel disillusioned with Wall Street.
Mon Mar 10, 2014
The Jersey Journal
Star witness in Madoff trial a 'master manipulator,'...
Bernard Madoff's former finance chief, Frank DiPascali, who pleaded guilty to aiding the con man's $17 billion Ponzi scheme, fed prosecutors "a line of garbage" to build their criminal case against five of his ex-colleagues, a defense lawyer said.
Sat Mar 08, 2014
New York Daily News
Jury to begin deliberating in Bernie Madoff aides trial
Defendants Daniel Bonventre, Annette Bongiorno, Joann Crupi, Jerome O'Hara and George Perez will soon learn their fate after a five-month trial that included more than 40 witnesses and hundreds of pieces of evidence.
Fri Mar 07, 2014
Madoff programmers painted as dupes of 'con man's con man'
Bernard Madoff's computer programmers were tricked into aiding his $17.5 billion Ponzi scheme and prosecutors failed to prove otherwise during a five-month trial, a defense lawyer told a jury.
Thu Mar 06, 2014
KOTA-TV Rapid City
Obama's retirement cap could hit middle class
Obama indicated he will include in his 2015 budget proposal in March plans to limit how much Americans can put in tax-deferred retirement plans.
Wed Mar 05, 2014
Prosecutor: Madoff workers knew about fraud
A federal prosecutor summed up the government's case against five former Bernard Madoff employees Wednesday, arguing they realized their boss ran a massive Ponzi scheme and willingly participated.
With billions at stake, U.S. court weighs Madoff clawback claims
Victims of Bernard Madoff's epic fraud may be able to recoup only a small portion of the billions of dollars he allegedly funneled to selected customers in the last years of his Ponzi scheme.
Silicon Alley Insider
Fraud Within Companies Is A Risk That Can Never Be Eliminated, Just Managed
Business has always been plagued by fraud: witness the South Sea Company in the 1710s or Charles Ponzi's Securities Exchange Company in 1920 or the Enron and WorldCom scandals in the early 2000s.
Press Digest- New York Times business news - March 5
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Tue Mar 04, 2014
KOTA-TV Rapid City
Signs you need a money manager now
Do you know if you will have enough money in retirement? And is your current portfolio performing up to expectations? These are two important questions to ask yourself, and if you don't know right now, you may want to consider an outside money manager this year.
House pushes bill to ease flood insurance hikes
Dish Network and Disney have reached a landmark deal that envisions the day when Dish can send subscribers a range of TV programming over the Internet without the need for a satellite receiver on the roof.
Prosecution Delivers Closing Arguments In Trial Of Bernard Madoff's Ex-Employees
A prosecutor started closing arguments in the New York trial of five ex-employees of Bernard Madoff by telling jurors that each of the defendants played a "crucial role" in the mammoth fraud.
Greed is Good! Tickets Now On Sale for Greed: A Musical for Our Times Off-Broadway
Tickets are now available for Michael Roberts' premiere of Greed: A Musical for Our Times .
Biggest Ponzi scheme since Madoff?
OPINION: Hardly anyone understands what bitcoin actually is but even if it goes bust this won't be the last you hear of virtual currencies.
Mon Mar 03, 2014
The Jersey Journal
Madoff said Wall Street fraud 'virtually impossible' in video shown to jury
Jurors in the trial of five former Bernard Madoff employees were shown video clips of the con man telling participants at a conference in 2007 that fraud on Wall Street was "virtually impossible."
Sun Mar 02, 2014
Ex-employee says Madoff 'told me what to do'
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Sat Mar 01, 2014
In 2009, a spokesperson for the U.S. Internal Revenue Service estimated that 8.2 million Americans owed over $83 billion in back taxes, penalties and interest .