Judge OKs Plea Deal In $50M Ponzi SchemeA 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.
Feds Want $44.5M In Restitution In Bravata CaseFederal 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.
Jury Convicts Father, Son Of Defrauding InvestorsA Brighton-area investment manager and his son have been found guilty in a $50 million scheme to defraud hundreds of investors.
Southfield Broker Linked To Fraud Can't Leave JailA federal appeals court has refused to intervene and release a Southfield money manager who is facing fraud-related charges.
Southfield Broker Busted In Investment ScamThe 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.

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