Former Bank Exec Convicted Stock Trading Scheme

A former banking executive has been found guilty of fraud involving millions in securities transactions. The US Department of Justice announced the conviction of Ross McLellan, 47, of Hingham, Massachusetts a former executive vice president…

Madoff Victims Get Some Relief

The US Department of Justice announced the latest round of payments for his victims were starting. “The Department of Justice today announced that on April 12, the Madoff Victim Fund (MVF) began its second distribution…