US Financier Frankel Gets Nearly 18 Years for Fraud
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Connecticut financier Martin Frankel was sentenced on Friday to nearly 18 years in prison for masterminding one of the largest insurance frauds in U.S. history.
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A former UBS PaineWebber systems administrator was sentenced Wednesday to eight years and one month in prison for attempting to profit by detonating a "logic bomb" program that prosecutors said caused millions of dollars in damage to the brokerage's computer network in 2002.
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Frank P. Quattrone, the former chief technology banker at Credit Suisse First Boston who was sentenced to 18 months in prison last week, accused the judge in his case yesterday of callousness
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A former Goldman Sachs Group Inc   analyst was sentenced to nearly five years in prison on  Thursday for leading an insider-trading ring that netted more  than $6 million in illegal profits.
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Myron F. Olesnyckyj pleaded guilty to securities fraud and conspiracy to commit securities fraud, charges that carry potential penalties of up to 25 years in prison and fines of more than $5.2 million.
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The big news on the investment crime front last week was the 18-month prison sentence dealt out to convicted felon Frank Quattrone, formerly a star investment banker at Credit Suisse First Boston, for obstruction of justice.
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NEW YORK (CBS.MW) -- Frank Quattrone, who led some of the most celebrated initial public offerings of the late 1990s, was sentenced to 18 months in prison Wednesday for interfering with a federal probe into those hot IPOs.
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Martin Frankel, the disgraced Greenwich financier who stole more than $200 million before leading police on a four-month chase through Europe, was sentenced yesterday to 16 years and 8 months in prison.
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Capping a bizarre tale, Martin R. Frankel was sentenced on Friday for looting $200 million from insurance companies he owned.
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Frank Quattrone, a former star  investment banker who once earned $120 million in a year, will  be sentenced on Wednesday for obstructing a federal  investigation into some of the most popular stock offerings of  the 1990s.
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An unqualified accountant who stole almost Â£1m from John Prescott's office is jailed for a further 18 months.
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A German tax official who stole more  than $230,000 from the state by inventing taxpayers and  claiming money owed to them has been handed jailed for three  years and three months, authorities said on Tuesday.
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Man had been charged with one of the largest such scams in U.S. history.
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A Spaniard was sentenced Tuesday to 18 months in prison for stealing the equivalent of a dollar from a pay phone 13 years ago.
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Greed and sexual desire drove Martin Frankel to mastermind one of the largest insurance frauds in US history, a federal judge heard on Friday as she sentenced him to nearly 17 years in prison.
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The former chief executive of Brocade Communications Systems Inc. was sentenced on Wednesday to 21 months in prison for orchestrating a scheme to tamper with financial records of stock options the company offered.
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TOPEKA, Kan., Feb. 5  â A federal judge on Monday sentenced the former chief executive of Westar Energy, David C. Wittig, to 24 months in prison for bank fraud, cutting his sentence by more than half.