Two More Arrested in Madoff Ponzi Scheme

by | Nov 18, 2010 | Towing

Annette Bongiorno and Joann “Jodi” Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and ta…

FDIC Launches 50 Criminal Investigations Into Failed Banks

by | Nov 17, 2010 | Towing

In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.

The Federal Deposit Insurance Corp. (FDIC) is lookin…