RadioShack buyers ran a Ponzi scheme, SEC alleges
The buyers of distressed brick-and-mortar companies like RadioShack and Modell's Sporting Goods, are accused of running a Ponzi scheme.
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The buyers of distressed brick-and-mortar companies like RadioShack and Modell's Sporting Goods, are accused of running a Ponzi scheme.
A retired IRS agent from Southern California has been sentenced to state prison after she was convicted of defrauding an elderly San Francisco Bay Area woman out of $1 million in life savings.
The former UM booster was convicted on federal charges over a decade ago and ordered to pay nearly $83 million in restitution.
Johanna Michely Garcia was the former Chief Executive Officer of MJ Capital Funding, LLC, in Pompano Beach.
Efrain Betancourt Jr. was arrested upon entering the United States.
The sister of infamous Ponzi schemer Bernie Madoff was killed in an apparent murder-suicide.
Johanna Garcia, a Broward County woman who owns MJ Capital Funding, is being investigated by the Securities and Exchange Commission.
Bernard Madoff, whose name will forever be linked to financial fraud, died while serving a 150-year sentence in federal prison. He was 82 years old.
A Fort Lauderdale woman is out $50,000 after buying in to what she thought was a solid investment.
Authorities have arrested Eddy Marin, a former associate of Ponzi schemer Scott Rothstein.
A West Palm Beach church and its two pastors should be prepared to return $2 million in donations they received from a parishioner who stole the money in a Ponzi scheme, a federal judge ruled.
A Palm Beach Church and its pastors caught up in a Ponzi scheme are refusing to turn over near $2 million that federal regulators say belongs to people caught up in the scam.
Miami Police have arrested one of their own - an officer accused of running a Ponzi scheme.
For some people, being a professional athlete making millions of dollars just isn't enough.
One of the biggest behind-the-scenes names in pop culture of the late 20th century has passed away.
It's 20 years in prison for a Palm Beach County man who bilked investors out of $80 million in a virtual concierge business.
The federal trial of a former Miami concert promoter, who is accused of running a multi-million dollar Ponzi scheme, has been pushed back.
An ex-banker is facing prison time after pleading guilty in connection to his role in ex-lawyer Scott Rothstein's $1.2 billion Ponzi scheme.
It was sentencing day for an investment adviser involved in the $1.2 billion Ponzi scheme run by disbarred attorney Scott Rothstein.
A former bank executive faces up to five years in prison for his role in the billion dollar Ponzi scheme masterminded by one-time Ft. Lauderdale attorney, Scott Rothstein.
An ex-banker in Florida is set to plead guilty for his role in a $1.2 billion Ponzi scheme run by ex-lawyer Scott Rothstein.
Former Miami Dolphins cornerback Will Allen is facing quite a bit of jail time after being indicted on 23 federal felonies.
A former South Florida concert promoter accused of operating a $300 million fraud scheme is scheduled to go on trial at the end of this year.
A 71-year-old adviser to a major investor in the $1.2 billion Ponzi scheme operated by Scott Rothstein is going to federal prison for more than three years.
A pair of Central Florida men who bilked investors out of almost $19 million have each been sentenced to 10 years in federal prison
NFL Commissioner Roger Goodell says the league is cooperating with Florida Attorney General James Uthmeier after being issued a subpoena last week.
The Thrive Art District, built on what were once rundown warehouses in Progresso Village, has become one of Fort Lauderdale's newest hidden gems.
Many Cuban exiles in South Florida, including Brothers to the Rescue founder Jose Basulto, hope that announcement will be a criminal indictment of Raúl Castro.
To participate in the contest, watch WFOR from 5:30 p.m. to 6:00 p.m. or WBFS from 7:00 p.m. to 7:30 p.m. to find the "Word of the Day" displayed on the screen.
Despite gas prices being at a four-year high, the auto club AAA anticipates a record 2.7 million Floridians will take to the roads for the Memorial Day holiday weekend.
NFL Commissioner Roger Goodell says the league is cooperating with Florida Attorney General James Uthmeier after being issued a subpoena last week.
The Thrive Art District, built on what were once rundown warehouses in Progresso Village, has become one of Fort Lauderdale's newest hidden gems.
Many Cuban exiles in South Florida, including Brothers to the Rescue founder Jose Basulto, hope that announcement will be a criminal indictment of Raúl Castro.
Despite gas prices being at a four-year high, the auto club AAA anticipates a record 2.7 million Floridians will take to the roads for the Memorial Day holiday weekend.
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Survivors say they'd asked for more medical support before the Iranian drone strike that killed six U.S. soldiers at their command post in Kuwait in the war's first 24 hours.
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
The only remaining roadblock: Miami Dade County Commission Chairman Anthony Rodriguez, who has so far refused to say when – or even if – he will allow the full commission to vote on it.
A group of Miami residents, including historian Marvin Dunn, filed suit last week in federal court to block the transfer of land for the proposed library.
CBS News Miami has confirmed from multiple sources that the Miami Dade State Attorney's office is investigating A3.
State Senator Rosalind Osgood is urging Wasserman Schultz not to run in Florida's 22nd Congressional district.
In an interview on Facing South Florida, Wasserman Schultz said the Governor's efforts to redraw the maps will almost certainly violate the Fair Districts constitutional amendment voters in Florida passed in 2010.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
"The Devil Wears Prada 2" edges out "Mortal Kombat II" at the North American box office this weekend.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.