fraud charges

The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.

The Securities and Exchange Commission on Friday brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled investors about risky subprime loans the mortgage giants held when the housing bubble burst.

Best Opinion:  AmericaBlog, Mother Jones, Mediaite ... This week, prosecutors in Santa Monica, Calif., charged Goldline International with 19 criminal counts of theft and fraud, saying the prominent gold purveyor "runs a bait and switch operation in which cus …

Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse.

The owner of one of the state's largest hurricane shutter companies was arrested Thursday on allegations that his business has taken more than $9,000 in deposits from two customers but never completed the orders.

Goldman Sachs & Co. says one of its units is being investigated by federal regulators over whether it improperly used investment accounts to make trades and could face civil fraud charges.

The WSJ's Liz Rappaport on why New Yorka s attorney general is poised to file civil fraud charges against Ernst Young.

The former president of a small community bank earned the distinction of being the first person convicted of ripping off the federal bailout program by pleading guilty Friday to fraud charges and admitting that he tried to grab more than $11 million in taxpayer rescue funds.

Asil Nadir, who fled Britain in 1993 following the spectacular collapse of his business empire, returned to London on Thursday to face fraud charges.

Goldman Sachs' second-quarter net income fell 83 percent as its trading revenue fell and it booked a charge for its settlement of civil fraud charges with the SEC.