White collar convict Raj Rajaratnam arrived at a federal prison in Massachusetts on Monday to begin serving the longest-ever sentence for insider trading.
The Securities and Exchange Commission fined Raj Rajaratnam, the former hedge fund manager recently convicted of insider trading, nearly $93 million on Monday.
A federal judge sentenced a former commercial pilot to six months in prison Friday, followed by six months of home detention, for being intoxicated while co-piloting a domestic flight, a federal prosecutor announced.
Two years after the arrest of Bernard Madoff, the fallout from his sweeping Ponzi scheme continues to wreak havoc on thousands of victims, whose lives were destroyed by the gargantuan scam.
The case against the man charged with the 2001 killing of Washington intern Chandra Levy is in the hands of the jury, which received final instructions Tuesday afternoon and an order to begin deliberations Wednesday morning.
The man convicted of hacking into former Alaska Gov. Sarah Palin's e-mail account was sentenced Friday to one year and one day in either federal prison or a halfway house, according to a Knoxville, Tennessee, court deputy .
A jury was seated Friday in the trial of a man charged with the 2001 murder of Chandra Levy.
CNN's Amber Lyon takes a look at the murder that rocked Washington politics.
The judge in the Chandra Levy murder trial struck several potential jurors Wednesday because of their answers on a jury questionnaire.
Joe Johns and Midwin Charles discuss the challenges the prosecution faces in the Chandra Levy case.
Shares of Dynegy Inc. - a power generating company that played a role in the Enron scandal - surged more than 60% Friday after the company agreed to be acquired by investment firm Blackstone Group for $4.7 billion, including its existing debt.
Hoping to stop federal inmates from directing crimes from behind bars, President Barack Obama signed into law Tuesday a prohibition on cell phone use by prisoners.
The company that made 44,000 helmets recalled by the Army has stopped all helmet manufacturing.
Ponzi schemer Bernard Madoff was moved back to his jail cell Monday after being treated for 10 days at a medical facility at the prison where he's incarcerated in North Carolina, according to the Federal Bureau of Prisons.
Convicted swindler Bernard Madoff is being treated for "issues relating to dizziness and hypertension" at the medical facility of the prison where he is incarcerated, according to the Federal Bureau of Prisons.
Convicted swindler Bernard Madoff is being treated for "issues relating to dizziness and hypertension" at the medical facility of the prison where he is incarcerated, according to the Federal Bureau of Prisons.
Ponzi scammer Bernard Madoff has been transferred to a medical facility at the prison where he's incarcerated in North Carolina, according to the Federal Bureau of Prisons.
Lynette "Squeaky" Fromme was released from federal custody Friday, a spokeswoman for the U.S. Bureau of Prisons said.
Bernard Madoff, the convicted Ponzi mastermind, was transferred to a federal prison in Butner, N.C. on Tuesday, according to the Federal Bureau of Prisons.
Bernard Madoff, mastermind behind the largest Ponzi scheme in history, has decided not to appeal his 150-year sentence, according to his lawyer.
Former Atlanta Falcons quarterback Michael Vick left a federal prison in Leavenworth, Kansas, early Wednesday, according to his publicist and the Federal Bureau of Prisons.
CNN law enforcement analyst Mike Brooks discusses new information in the Chandra Levy case.
Washington police told the mother of slain congressional intern Chandra Levy that an arrest is imminent in her daughter's 2001 death, Susan Levy told CNN on Saturday.
Lou Pearlman and federal authorities have finally agreed on how much the former boy band promoter swindled from banks and investors in a decades-long scam: a staggering $300 million
One inmate was killed and several others were injured when two fights broke out early Friday at a federal prison in Texas, the U.S. Bureau of Prisons said.
The former Olympic gold-medal winner begins serving her six-month sentence in Texas
By pleading guilty, Michael Vick admits to committing the criminal charges alleged by the government, that he raises no defenses, and that he is prepared for his punishment.
A federal appeals court ruled on Wednesday that the former chief executive of Qwest Communications International Inc. could remain free while the court takes up his appeal of an insider trading conviction.
If U.S. District Judge Sim Lake's suggestion holds, former Enron Chief Executive Jeffrey Skilling will see the start of the Thirties - the 2030s, that is - at a federal prison in North Carolina.
Ex-WorldCom CEO Bernard Ebbers reported to a federal correctional institution in Oakdale, Louisiana Tuesday to begin his 25-year sentence for his role in an $11 billion accounting fraud.
Behind the boilerplate language of the grand jury indictment at the heart of an arrest gone awry is the story of a prison sex scandal straight from a B movie.
Convicted al Qaeda conspirator Zacarias Moussaoui had no idea they were coming when federal marshals showed up in the middle of the night to take him to the nation's highest-security federal prison to begin serving his life sentence Saturday.
The following is a partial statement read Wednesday by court spokesman Edward Adams regarding 23 mitigating factors considered by jurors in the sentencing trial of admitted al Qaeda conspirator Zacarias Moussaoui:
FBI agents and U.S. marshals are searching for a convicted murderer who escaped Wednesday from a federal prison in Louisiana.
CNNMoney: Hedge fund has-beensupdated: Mon Jul 11 2005 05:45:00
Corporate America has had more than its fair share of indictments in the last few years.
Jailers cut off outside contact with imprisoned white supremacist Matthew Hale after he denied any role in the deaths of the husband and mother of a federal judge he was convicted of plotting to kill, Hale's father said Tuesday.
NEW YORK (CNN/Money) - Forget Thursday's presidential debate or the Major League Baseball standings. The hot water cooler topic this week is where Martha Stewart will be spending the winter.
A federal judge Tuesday ordered Martha Stewart to report to prison by Oct. 8 to start serving her five-month prison sentence for obstructing an investigation into a well-time sale of ImClone stock.
Martha Stewart reportedly plans to start serving half of her 10-month sentence in jail for obstruction of justice as soon as there is a vacant cell for her at the Danbury federal prison for women.
Federal prosecutors have decided not to bring criminal charges relating to allegations of abuse of people arrested in the immediate aftermath of the September 11 attacks and housed at the Metropolitan Detention Center in New York City.
The spirit of the female corrections officer -- freed Sunday night by two inmates, who held her for 15 days in a guard tower -- is "exceptionally strong," an Arizona official said after the ordeal ended.
Construction took just 15 days, and Loudoun County, Virginia, now has its prefab, six-cell, 23-cot jail in place and ready for its first tenants. Surfside 6 Industries of McClean, Virginia, made th...
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