In Patricia Highsmith's 1955 novel "The Talented Mr. Ripley," a con man who convinces the elites that he's a Princeton graduate goes on to dupe his way into high society and spend lavishly at high-end stores through forgery and other unscrupulous methods. The federal government and South Florida law enforcement say that untold billions are now stolen from…

WORCESTER— A Sutton financial adviser authorities said duped clients of $2.8 million and then continued to deceive one of them after being charged pleaded guilty Thursday to the resulting charges in federal court. James K. Couture, 42, pleaded guilty in U.S. District Court in Boston to four counts of wire fraud, four counts of aggravated identity theft, one count…

Everything is going up and it's all due to inflation. While the war in Ukraine was the catalyst for prices to go soaring, the domino effect only seems to get worse. To avoid another recession, the Federal Reserve raised its benchmark interest rate by 0.75 percent.

The U.S. Attorney for the Southern District of New York, Damian Williams, issued the following news release on Sept. 8, 2022:. Damian Williams, the United States Attorney for the Southern District of New York, Patrick Freaney, Special Agent-in-Charge of the New York Field Office of the United States Secret Service, and Keechant L. Sewell, the Commissioner of the New…

"Measure twice, cut once" is the old carpenter's proverb. But long before the carpenter cuts, an architect measures and designs. Future retirees should be aware of how much they are putting aside, how much they will receive in Social Security, and, most importantly, how much they will spend in retirement.

After Catherine Hembrecht pays for basic necessities like food, shelter and utilities, she usually has about $2 left to her disposal until her next Social Security check rolls in. Hembrecht, 70, lives alone in her tiny rented Mishawaka, Indiana, home, where she is recovering from a recent leg amputation and learning to navigate daily activities from a wheelchair.

Voya Financial, Inc., a leading health, wealth and investment company, announced today findings from a new consumer survey revealing that inflationary pressures have American employees increasingly focused on their employer-provided benefits to help optimize their workplace benefits and savings needs. Specifically, due to inflation, Voya’ s survey found…

Beacon Bridge Wealth Partners, formerly affiliated with Ameriprise Financial Services, LLC, announces it has become an independent registered investment advisor to better serve its clients. Partners include Steven Krzywicki Jr., CFP ®, Megan Scott, and James Schmidt. The firm’ s 9 employees will serve clients from offices in Conshohocken and Warrington,…

The SEC's complaint, filed in the U.S. District Court for the District of New Hampshire, alleges Todd Christopher Doucette, of Hampton, New Hampshire, traded on two separate occasions in the securities of his employer, Align Technology, Inc., on the basis of confidential information he obtained as Align's Vice President of Business Transformation.

SANTA ANA, California– A former licensed stockbroker was sentenced today to 78 months in federal prison for committing several felonies, including running a securities fraud scheme in which he targeted low-income Hispanic victims to obtain more than $3.2 million via false promises of high returns from construction loans. Robert Louis Cirillo, 61, of Chino…

Richard G. Maike, of Owensboro, was charged with securities fraud and mail fraud, along with co-defendants Doyce G. Barnes and Faraday Hosseinpour, for allegedly taking funds from people prosecutors say believed they were buying into an online casino and investing into social media and music platforms. The federal complaint alleges Maike spent $12 million in…

As you know, the stock market has attracted a lot of attention— and for good reason, as we've seen considerable volatility almost from the beginning of the year. But if you own bonds or bond-based mutual funds, you might also have some concerns. Inflation has heated up, leading the Federal Reserve to raise interest rates to help "cool off" the economy.

We have provided vital benefits and services to hard working Americans for nearly 90 years. Many veterans do not know they might be eligible for disability benefits from Social Security. Women- Social Security plays an important role in providing economic security for women.

The Securities and Exchange Commission announced charges against POHIH, Inc., a Dallas, Texas- based corporation, Kris A. Swaffer, POHIH's president and a resident of Cadillac, Michigan, and Sean K. Williams, the chief operating officer of a related entity and a resident of Avon, Ohio, for allegedly misappropriating investor funds through a series of unregistered…

Gustavo Arnal, 52, as well as billionaire investor Ryan Cohen, are listed as defendants in the lawsuit that claims the two collaborated in a "fraudulent scheme to artificially inflate the price of Bed Bath& Beyond's publicly traded stock," according to court documents cited by multiple outlets. The lawsuit claims that Mr. Arnal and Mr. Cohen made“ materially false…

OSHA said its Chicago office determined Wells Fargo terminated the unidentified senior manager " who had repeatedly voiced concerns to area managers and the corporate ethics line regarding conduct they believed violated relevant financial laws, including wire fraud." OSHA said that after the bank "initially failed to provide a reason for the termination,…

LOS ANGELES– A Highland man who used his work history as a San Bernardino County sheriff's deputy to gain investors' trust and later invest millions of dollars with him, only to use their money to fund his extravagant lifestyle, was sentenced today to 168 months in federal prison. Christopher Lloyd Burnell, 51, was sentenced by United States District Judge…