federal authorities

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Authorities May Claw Back Madoff 'Profits'

Investors who gained from Ponzi scheme may lose too

(Newser) - While thousands of investors are furious with Bernie Madoff, he did manage to make a few people very rich during the boom years. With handsome if fraudulent returns of 10% to 17%, investors who withdrew even a fraction of their principal may have ended up in the black. But as... More »

Feds Nab 11 Cybercrime Masterminds

40 million credit and debit card numbers stolen across US

(Newser) - An international crew of hackers who reportedly stole more than 40 million credit and debit card numbers from nine US companies were indicted today in what Attorney General Michael Mukasey is calling "the single largest and most complex identity theft case that's ever charged in this country." The... More »

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