Miles Burton Marshall a insurance agent and tax preparer from Madison County, New York, has been indicted on charges of orchestrating a Ponzi scheme.
The Fed is widely expected to hold interest rates steady at its upcoming meeting with market forecasts assigning a 99% probability to this outcome.
JPMorgan Chase has taken legal action against former financial advisor Russell Loesch, who managed $800 million in client assets.
Concerns about the U.S. fiscal situation are intensifying, with prominent experts raising alarms about a looming debt crisis.