Some investment guy holed up in Florida claims he can get Facebook, LinkedIn, Groupon and Zynga stock before these companies go public. All he needs to buy this stuff is your money. Sound like a deal? Manhattan's U.S. Attorney Preet Bharara had a 71-year-old Odessa, Fla., man arrested on Tuesday for making this promise as part of a scam. "Craig Berkman seized on the interest in a highly coveted investment opportunity to swindle investors out of millions," Mr. Bharara said in a press release announcing the arrest. Mr. Berkman was in custody and his attorney didn't return a request for comment. Mr. Berkman also faces parallel civil charges from the Securities and Exchange Commission, which were also announced on Tuesday. He allegedly told investors he had a fix on these stocks, took their money, and then converted most of it for his own use. Prosecutors estimate the alleged scheme took in about $8 million. Mr. Berkman was once a venture capitalist in Oregon, creating funds that invested ...
FOX Business: Capitalism Lives HereThe Dow ended the day slightly higher, closing in the green for the eighth day in a row and at a record for the sixth, as traders ...
Senator Rand Paul weighs in on his 13-hour filibuster blocking John Brennan’s nomination to head of the CIA.
FBN's Lou Dobbs on Obama's congressional outreach.
Former Clinton Advisor Doug Schoen on Obama using sequestration cuts to get better terms in the budget negotiations.
The Weekly Standard Senior Writer Stephen Hayes on Sen. Rand Paul’s opposition to the Administration’s drone policy and the President’s dinner with Republican Senators on the budget.
“America the Beautiful” author Dr. Ben Carson on sequestration and the health-care law.
Former New York City Mayor Rudy Giuliani on the Republican Party , immigration reform and gun control.
FBN's Lou Dobbs on preparing future generations for social security, Medicare and Medicaid.
The Weekly Standard Senior Writer Stephen Hayes and former Deputy Assistant to President George W. Bush Brad Blakeman on White House claims about the impact of sequestration.
Rep. Greg Walden, (R-Ore.), on the debate over spending and the need to balance the federal government’s budget.
Americans for Tax Reform President Grover Norquist, former CBO Director Douglas Holtz-Eakin and Forbes Media Chairman Steve Forbes on the sequestration debate.
Sen. John Hoeven, (R-ND), on the potential sequestration and the need to rein in government spending.
Former Rep. Allen West, (R-Fla.), discusses whether the Kentucky Senator is the future of the Republican Party .
Former Gov. Haley Barbour, (R-Miss.), on the future of the Republican Party .
The Republican Party has grown "stale and moss-covered" and needs a fresh direction, said Sen. Rand Paul, the Republican Senator from Kentucky, on Wednesday. In a sp...
Tight state budgets and jammed roadways this year are prompting some U.S. state governments to make one of the most politically unpopular moves imaginable: raising g...
FBN's Lou Dobbs on the budget negotiations in Washington.
FOX Business: Capitalism Lives HereU.S. stock-index futures fell mildly Tuesday, hinting Wall Street's seven day winning streak could be in jeopardy, as traders brac...
FOX Business: Capitalism Lives HereThe S&P 500 fell from its highest level in five years as traders prepared for another round of potentially contentious budget talk...