Financial crimes

Former Michigan Gov. Rick Snyder and two former Flint emergency managers entered not guilty pleas Thursday on criminal charges tied to their alleged roles in the Flint water contamination crisis

Jim Beard, Atlanta's CFO for seven years, was charged by a federal grant jury with fraud, theft of government funds and purchasing illegal machine guns.

The New York mayor's move reflects a nationwide response to protesters in the aftermath of the death of George Floyd.

Two executives for the failed Tri-Valley charter schools agreed to pay $20,000 and $15,000 to settle charges of misleading municipal bond investors.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

The proposed settlement, filed in federal district court in New York late last week, would bring to a close the SEC’s case against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

“Reporting unauthorized transactions is certainly a good first step in building cooperation,” said one lawyer. “But there could be a lot more to it.”

A power struggle in Mount Vernon, New York, over who will replace a mayor forced out following a campaign finance scandal leaves the Westchester County city's future fiscal direction in flux.

The SEC and Bank of Oklahoma differ in what they want a federal judge to do next in the Christopher Brogdon case, though both claim to have investors' best interests at heart.

Clayton noted a trend of issuers being advised that information they supply on EMMA is subject to more anti-fraud scrutiny than information provided in other ways.

Chats showed him openly fantasizing about an assassination of San Juan Mayor Carmen Yulín Cruz and heaping ridicule on ordinary Puerto Ricans.

The monitorship plan will extend until Sept. 13 for seven assisted living facilities he is trying to liquidate.

Mount Vernon Mayor Richard Thomas pleaded guilty to stealing $13,000 in campaign funds and failing to disclose a $4,000 payment from his campaign committee.

Investors will still lose big as the SEC's case against Dwayne Edwards and Todd Barker is now all but over.

Investors are likely to lose millions whether the Atlanta-based financier continues under a court-appointed monitorship or not.

A judge's decision looms for men accused of bilking the Connecticut Municipal Energy and Electric Cooperative, which got good news from Fitch Ratings last week.

The new money ordered Wednesday comes from the SEC’s settlement with Brogdon Family LLC (BFLLC), a separate legal entity controlled by the former nursing home developer.

The amended lawsuit references inside sources who allegedly confirm that the banks worked together in violation of antitrust law.

The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.