A man accused of fraudulently obtaining more than $8 million from investors in a vacation property scheme has been found guilty.
Victims of former Qwest CEO Joe Nacchio’s insider trading will get some money back. But it won’t be much and for most it won’t even be close to what they lost.
The Justice Department returned approximately $44 million to victims of securities fraud scheme related to Qwest Communications Int’l Inc. on Thursday.
A man accused of stealing more than $1 million from elderly victims through securities fraud has been found guilty.
Two people have been sentenced to federal prison for their roles in a real estate investment scheme that prosecutors say defrauded more than 400 people of at least $30 million.
A man accused of bilking the widow of a slain Denver police officer and other investors in what prosecutors say was a Ponzi scheme has pleaded guilty to one count of securities fraud.