Steve Neavling ticklethewire.com The Justice Department is working on a deal that would reduce the prison sentence of former Enron Chief Executive Jeffrey K. Skilling, the Los Angeles Times reports. Skilling was convicted of insider trading, securities fraud and conspiracy, among other charges, in 2006. His attorney has been trying to overturn the conviction ever…
Steve Neavling ticklethewire.com Agents searching for securities fraud rely heavily on social media such as Twitter and Facebook to find inside traders, Reuters reports. Agents said inside traders use advances in technology and social media to communicate. “I will tell you technology will play a huge part, social media, Twitter. Any kind of technology…
By Allan Lengel ticklethewire.com WASHINGTON — Is the U.S. Attorney’s Office in Alexandria, Va., trying to run with the big dogs in New York in the area of securities fraud? A Wall Street Journal report gives a resounding Yes to that question. The paper’s Law Blog reports that U.S. Attorney Neil MacBride of Virginia “is…
