Qwest and Bank of America Accused of Defrauding Retired Teachers (tags)
The California Teachers Retirement System sued Qwest Communications and Bank of America for engaging in "fraudulent schemes" that cost the teachers' fund millions of dollars.
Stock Fraud, Swindles and the American Way (tags)
Prosecutors have been attempting to stop fraud, but not until the fall of Enron and Arthur Andersen did they do anything about. Even then, it’s the largest violators they're going after, little has been done in support of the common man in penny stock schemes and swindles.