A special fraud team is to investigate the billion-dollar false accounting scandal at Indian outsourcing giant Satyam Computer Services, the government announced Wednesday. The Serious Fraud Investigation Office will look into the "entire gamut of the Satyam fraud," a corporate affairs ministry spokesman said. Its brief includes investigating possible insider ...

Man Group considers legal action against Madoff as assets under management fallMan Group, the world's largest publicly traded hedge fund, said Wednesday that managed assets fell 21 percent in the third quarter and that it was considering legal action over its exposure in the alleged Madoff fraud. Man Group ...

A special fraud team is to investigate the billion-dollar false accounting scandal at Indian outsourcing giant Satyam Computers, the government announced Wednesday. The Serious Fraud Investigation Office (SFIO), which was set up after previous stock market scandals, will look into the "entire gamut of the Satyam fraud", according to a ...

Federal prosecutors to try again to get Bernard Madoff thrown in jailFederal prosecutors are going to try once more to jail besieged financier Bernard Madoff by taking their case before a federal judge. Prosecutors are appealing a magistrate judge's ruling on Monday that Madoff (MAY'-dawf) could remain free ...