Goldman Sachs came under fresh pressure this morning after it was revealed the Wall Street powerhouse faces a criminal investigation into mortgage security deals it arranged. The inquiry follows civil fraud charges filed by the government against Goldman two weeks ago. The U.S. attorney’s office in Manhattan opened the investigation following a criminal referral by America’s financial watchdog,... 

A Jewish tax evader was sentenced Friday to 10 months in federal prison after claiming his Jewish parents’ experience fleeing the Nazi Holocaust drove him to compulsively hide more than $10 million in secret accounts at Swiss bank UBS AG and other offshore tax havens. U.S. District Judge Adalberto Jordan imposed the longest sentence to date for a UBS client against 65-year-old Jack Barouh, even... 

Rabbi Milton Balkany Milton Balkany tried to extort $4 million from a Connecticut hedge fund by threatening to expose purported insider trading by the fund, federal authorities say. Reporting from New York — New York’s insular ultra-Orthodox Jewish community collided with the area’s secretive and ultra-wealthy hedge fund industry, leading to the arrest of a politically well-connected... 

Holocaust Survivor Rosemarie Pence Charged with felony, theft and fraud A 71-year-old Longmont woman who some believe spun grandiose tales of Holocaust survival to manipulate others to house her and provide her with money is wanted on suspicion of felony theft and check fraud. The Boulder County Sheriff’s Office last month obtained a warrant to arrest Rosemarie Pence, originally of Germany. Pence... 

Scott Rothstein, a disbarred South Florida Jewish lawyer, pleaded not guilty to U.S. charges alleging he ran a $1.2 billion fraud that paid for his lifestyle and donations to Governor Charlie Crist and other politicians. Jewish Rothstein, 47, faces 100 years in prison if convicted of two counts of wire fraud and three conspiracy charges filed yesterday. Prosecutors say his law firm was a racketeering... 

Former presidential candidate Nati Meir was detained by special forces last night (Mon/Tues) after police found fake banknotes in his office. The politician recently announced he was withdrawing from the presidential race. Police searched his office after a complaint was made that he had lent others fake 500-Euro banknotes. An organized crime squad found two fake banknotes in Meir’s office during... 

Soft touch Britain, created by successive Tory and Labour regimes, has generated so many foreign scroungers that an entire town in Romania lives off benefit fraud, an investigation has revealed. According to a report in The Times newspaper, an estimated £1 billion a year is defrauded from the benefits and tax credits system, with tens of millions of pounds lost to organised crime. There is, according... 

A mother accused of lying to get her son into a top state school has had charges against her dropped. Mrinal Patel, 41, who gave her mother’s address on her application, would have been the first parent in the country to be prosecuted for school admissions fraud. But Harrow Council in north-west London admitted yesterday it feared its use of the Fraud Act 2006 could be open to challenge because... 

Dressed in a orange jumpsuit and with his hands and legs shackled, Jewish cricket tycoon Sir Allen Stanford arrived at court today to face allegations he masterminded a £4.2billion fraud. Laywers for the Texas billionaire, 59, told a judge that he denied running a giant Ponzi scheme. But Dick DeGuerin, defending, revealed he had turned to alcohol to deal with the stress of the accusations. ‘Allen... 

Jewish Russian tycoon Boris Berezovsky has been found guilty of a £3million ($4.5m) fraud. Russian prosecutors have demanded a 15 year jail sentence for the London-based billionaire, who has accused the Kremlin of the murder of ex-KGB agent Alexander Litvinenko. He was not present at the trial. Outspoken Kremlin critic, Berezovsky, 63, was found guilty of embezzlement for activities in Russia’s... 

Another Fake “Hate Crime” The National Media Will Ignore A Port Authority woman who claimed she was the target of a racially charged threat nearly two years ago has been fired. Channel 4 Action News Amber Nicotra spoke to 48-year-old Deborah Blocker on Wednesday. In October of 2007, a black baby doll bearing a racial slur was found hanging in an employee-only area of the East Liberty Garage. Blocker...