Oakland County Man Pleads Guilty To Stealing $1.7 Million From EmployerA 58-year-old Oakland County man who embezzled $1.7 million from his employer has pleaded guilty to wire fraud.
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.
Mich. Man Pleads Guilty To Wire Fraud In Massive Ponzi SchemeThe United States Attorney said a Michigan man pleaded guilty to running a Ponzi scheme that swindled nearly $50 million from more than 3,000 investors worldwide.
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.

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