LOS ANGELES – A long-time manager at CBS Employees Federal Credit Union is in federal custody on a criminal complaint alleging he embezzled $40 million from his employer over two decades and spent the money on gambling, expensive cars and watches, and travel by private jet.           ...

LOS ANGELES – Two brothers who allegedly operated an unlicensed investment advisory business out of their parents' Encino home were arrested today on federal wire fraud charges for an alleged scheme in which they used false account statements to hide multi-million dollar losses of their investors...

WICHITA, KAN. – A California man was sentenced Friday to 20 years in federal prison for making a hoax call to Wichita police that resulted in an innocent man who had no connection to the defendant or his co-conspirators being shot and killed by police, U.S. Attorney Stephen McAllister said. Tyler...