Good Deeds Can't Save Socialite from Prison

N.Y. socialite sentenced in fraud that bilked companies

USA TODAY

A New York socialite who prosecutors say amassed a fortune was sentenced Tuesday for bilking millions of dollars from companies in several states.

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Sorry for Sinking Your Company

Trader admits fraud in $1 billion Apple stock scheme

Reuters

A former Rochdale Securities trader whose unauthorized purchase of about $1 billion of Apple Inc stock caused the demise of the financial services company pleaded guilty on Monday to wire fraud and conspiracy.

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Gave With One Hand; Took Back With the Other

2 admit roles in 12-state school sports fraud

San Francisco Chronicle

Two former executives of a sports gear company admitted in federal court Tuesday that they routinely overbilled schools by forging fake price quotes from competitors in a decade-long fraud scheme that extended to 12 states.

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How to Go to Jail for Mortgage Fraud

Arlington woman gets jail for mortgage fraud

CBS DFW

Prosecutors say a North Texas woman who held seminars on how to commit mortgage fraud must serve more than five years in prison and repay $2.8 million.

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Licensed to Steal

Stockbroker sentenced in fraud case but what's the over/under?

Forbes

Lori Zoval, 47, South Lake Tahoe, CA, was a licensed securities broker. Unfortunately, it appears that Zoval believed that not only was she licensed to sell stocks but that she was also licensed to steal.

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