The three co-founders of 5LINX, one of the fastest-growing companies in the Rochester area, have been indicted by a federal grand jury on fraud and conspiracy charges accusing them of cheating investors out of $11.2 million. The indictment, filed Tuesday, ...

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Martin Shkreli won a court ruling allowing him to move forward with his strategy of blaming his ex-lawyers to defend himself against criminal fraud charges. The 33-year-old founder of Retrophin and Turing Pharmaceuticals, dubbed the “most hated man in America” ...

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Authorities say a New York lawmaker diverted about $800,000 from an escrow account for his own use before killing himself in a cemetery this year. According to a criminal complaint unsealed Monday, Assemblyman Bill Nojay illegally misdirected funds from a ...

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NEW YORK — Hedge fund executives were charged Monday in a $1 billion fraud case linked to an oil rig explosion in the Gulf of Mexico that killed three workers and injured several others. Officials with Platinum Partners were to ...

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Eduardo Galan, 62, of Brockport, was charged Thursday with fraud. He is accused of running a financial services business under various names, including S&G Unlimited Services, under which he alleged devised a scheme to defraud multiple clients out of hundreds ...

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  WASHINGTON — 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 that mortgage giants held when the ...

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After dozens of companies based in China went public in the United States over the past five years, regulators are uncovering fraud at some, cooling down what has become a hot sector of the stock market. Since March, more than 24 Chinese-based firms disclosed accounting problems or auditor resignations.

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ALBANY — New York Attorney General Andrew Cuomo says the former director of the state fair has been charged with grand larceny, fraud and official misconduct. Peter Cappuccilli Jr. of Syracuse is accused ...

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WASHINGTON, D.C. — The state of New Jersey has settled federal civil fraud charges of failing to inform bond investors that it had not met obligations to its largest pension plans, federal regulators said Wednesday.

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