A judge has accepted a new plea deal from a Detroit-area financial manager who helped the government prosecute his partner in a real estate scheme that ended with nearly $50 million in losses.
Federal prosecutors want a Detroit-area investment manager and his son to pay $44.5 million in restitution for a real-estate scheme that crashed during the recession.
A Brighton-area investment manager and his son have been found guilty in a $50 million scheme to defraud hundreds of investors.
The Office of Financial and Insurance Regulation released its annual list of traps that cautious investors should avoid when seeking to jump-start their investment portfolios.
One investment expert recommends investors stay conservative in 2012.
A federal appeals court has refused to intervene and release a Southfield money manager who is facing fraud-related charges.
The founder of a Southfield-based investment fund has been arrested in New York. John Bravata, the chairman of BBC Equities, was taken into custody at JFK Airport when he returned from Italy.
About two dozen startup companies will pitch their products to a team of potential investors in Detroit this week.
The Democrat says the federal government needs to do more to develop solar energy and other forms of power.
What are some common mistakes that investors are making with their money? That was the question tackled during WWJ Newsradio 950′s Financial Fitness Webinar.