Bankrate Paying $15M To Settle SEC Charges On False ResultsA Florida based publisher of widely-read consumer finance data is paying a $15 million fine over federal charges of manipulating financial results.
Fmr. Dolphins' Player Charged With Running Ponzi SchemeThe Securities and Exchange Commission (SEC) charged a former Miami Dolphins’ player with helping orchestrate a $32 million scheme that targeted both athletes and investors.
Top-Name Music Promoter Charged In $300M Fraud To Face JudgeA former top-name music promoter accused of operating his company as a $300 million Ponzi scheme is set to appear in front of a South Florida judge on Friday.
Former Miami Beach Concert Promoter Faces $300M Ponzi Scheme ChargesA one-time global concert promoter was extradited from Brazil to Miami on Saturday for allegedly committing a $300 million Ponzi scheme.
Few Sparks As Attorney General Candidates Joust In Lone DebateAttorney General Pam Bondi defended Gov. Rick Scott's integrity and the state's ongoing fight against same-sex marriage in a brisk and mostly civil debate Monday with her general-election challengers, Democrat George Sheldon and Libertarian Bill Wohlsifer.
FBI Poster Says South Florida Lawyer 'Armed And Dangerous'A South Florida lawyer, indicted with others in an alleged multi-million investment fraud scheme, is missing and should be considered armed and dangerous, the FBI says.
Two Charged In $70M Fla. 'Virtual Concierge' Fraud Two South Florida men were arrested in connection to an alleged $70 million scheme using investments in so called "virtual concierge" machines that operate in retail stores.
Accounts Linked To Ponzi Scheme Cost TD Bank Millions TD Bank will pay $52.5 million and settle U.S. allegations it failed to report suspicious activity in accounts linked to a $1.2 billion Ponzi scheme and lied about the accounts to investors.
SEC Suit Ruling Jilts Justice For South Florida Madoff InvestorsSeveral investors from South Florida were ensnared by Bernard Madoff's epic fraud. None of them (or those from any state) can hold the Securities and Exchange Commission responsible for failing to expose his Ponzi scheme, a federal appeals court said Wednesday.
Miami Executive Claudio Osorio Pleads Guilty In $50M Fraud SchemeThe head of a Miami Beach-based Fortune 500 company pleaded guilty Friday to stealing millions from investors.
Feds Arrest Claudio Osorio, Allege Millions Stolen From InvestorsSlick entrepeneur Claudio Osorio made millions by defrauding investors and stealing millions to support his esoteric lifestyle, according to the U.S. Securities and Exchange Commission (SEC).
SEC: Miami Misled Bond Investors On City FinancesThe City of Miami is under fire from the Securities and Exchange Commission which claims it misled investors in millions of dollars in bonds about its financial health.