Former Madoff executive gets 10 years in prison

/ Dec 9, 2014

Former Madoff executive gets 10 years in prison

Bernard Madoff's former director of operations for investments was sentenced Monday to 10 years in prison and ordered to forfeit $155 billion. Daniel Bonventre, 67, was sentenced for his part in the company's yearslong multibillion-dollar fraud, and four of his co-defendants are expected to learn ...

/ Jul 25, 2013

University of Tokyo professor arrested for alleged swindling

A University of Tokyo professor was arrested Thursday for allegedly bilking the school and Okayama University out of a combined ¥21.8 million by falsely claiming he needed the funds for nonexistent research projects. The special investigation unit of the Tokyo Public Prosecutor's Office arrested Masanori ...