Mathew Martoma’s faked Harvard Law School transcript, which led to the former SAC Capital Advisors LP fund manager’s expulsion, is a type of transgression seen only about once every 10 years, said law professor Alan Dershowitz.
R. Allen Stanford , the financier accused of leading a $7 billion fraud scheme, has been deprived of his constitutional rights by being held without bail before trial, lawyers including Alan Dershowitz said in a court filing.
A Jewish boy in the northeastern U.S., I was raised on tales of the brilliant exploits of the Israeli intelligence agencies. So whenever Jonathan Pollard returns to the headlines -- as he has with President Barack Obama’s visit to Israel -- I can still remember my horror when he was arrested for passing secrets along to Israel in 1985. The teenage me could hardly believe that the Mossad might steal my own country’s secrets as well as Syria’s battle plans.
Banks agreed to pay about $15.5 billion to settle claims by about 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, said the chairman of a group of law firms representing victims.
Galleon Group LLC co-founder Raj Rajaratnam had a ready answer for every question U.S. regulators put to him about possible insider trading three years ago, Bloomberg News’s David Glovin and Andrew M. Harris report.