49ers tight end, touchdown kingpin, hobbyist interior decorator, prodigious tweeter and successful bon vivant Vernon Davis is worth significantly less than Texans running back Arian Foster -- to the tune of about $6 million. At least, that's what we'd glean from Davis' forthcoming IPO with local s ... More >>
A Lativan man is being accused of a massive online hijacking scheme where he manipulated stock prices, making more than $850,000 in illegal profits from trading firms, including one in San Mateo. The Securities and Exchange Commission filed a lawsuit in San Francisco this week, claiming Igors Nag ... More >>
Given the now-cliched form of e-mail fraud known as "The Nigerian Prince" -- someone claiming to be African royalty sends you a message out of the blue offering to entrust you with a fortune in exchange for some personal information, such as your bank account number -- it seems odd that a Nigeria ... More >>
Every time a company offers stock to the public, it must submit a form called an S-1 to the Securities and Exchange Commission. The form must provide a prospectus, which includes financial information as well as the risks potential investors would face in buying shares. Because lawyers and accoun ... More >>
How a wannabe banking magnate from S.F. built an empire on deception.
On Friday, July 17 The Snitch warned readers that an advertisement published in the previous Sunday's San Francisco Chronicle seemed intended to lure mom-and-pop investors into possible financial disaster.News headlines Monday suggest our warning was valid. Advanta Corp., a bank holding company s ... More >>
Despite Obama's promises of change, corporate crooks are still going unpunished for their roles in the financial collapse.
Despite having been accused of deceptive business practices by the attorney general, former students, and ex-employees, Corinthian Colleges are getting millions in federal stimulus dollars.
Paul Noe II, the apparent mastermind of a scheme the California Attorney General says was designed to bilk thousands of defaulted homeowners out of their remaining savings, appears even closer to having to suffer for his deeds. "He's such an ass. I would love to see these people jailed, because t ... More >>
Banking experts qualify the service being hawked in this San Francisco Chronicle ad as a potential Ponzi schemeReaders skimming the ads on page D-2 of the Sunday, July 12 San Francisco Chronicle might have been surprised to see an extraordinary investment opportunity in a quarter-page advertisement ... More >>
Don't buy itAll you underpaid and unemployed folks trying to get by in today's bad economy can file this one away in the "Why Didn't I Think of That?" category. Don't worry -- most of us wouldn't believe we could successfully sell loads of fake stock in a non-existent Filipino gold-mining corporatio ... More >>
Questions arise...The carnival-like Wednesday press conference in which Deborah Perez claimed her father was the Zodiac Killer -- alongside her lawyer Kevin McLean (disbarred this month), other lawyer William DeGarmo (who paid out $54,332 in a Securities and Exchange Commission settlement regarding ... More >>
Although Bernie Madoff's $50 billion Ponzi scheme engulfed its share of wealthy East Coasters, a comprehensive list of victims made public today as part of a U.S. Bankruptcy Court filing revealed 43 Madoff accounts attached to San Francisco addresses. Some belonged to investment firm ... More >>
SF Weekly iTeam investigates: Atheist best-sellers and Steve Jobsism
Half of U.S. Attorney Kevin Ryan's lawyers have quit. But as he remains bunkered against criticism, who's minding the shop?
When authors stand up for a cause, the unexpected happens
Did a multimillion-dollar deal with bodybuilding magazines sour you on the Schwarzenegger? Take quiz, find out.
New Chronicle Publisher Frank Vega has been cast as a villain, but he may be just what the Hearst empire needs to defeat the dark forces of the new economy
How U.S. financial firms -- including Bank of America -- allegedly abetted a multibillion-dollar fraud, and how U.S. regulators are letting them get away with it
How the nursing home industry, organized labor, John Burton, and Arnold Schwarzenegger are cooperating to guarantee giant health care corporations huge profits -- using billions of your dollars
Al Gore and ex-Stanford prof Joel Hyatt say their S.F.-based cable news channel for twentysomethings won't be ideological. But do the Democratic moneymen behind the venture know that?
Dogster hosts photos and profiles of almost 20,000 canines
How the state public employees' retirement system and the politically connected Carlyle Group profit from defense
The unsettling link between a group of firms that sell financial planning services to elderly Californians and one of the most notorious con men in U.S. history
The problem today isn't shoddy corporate ethics -- capitalism was built on corruption. The problem is America's bias against government regulation.
Why San Francisco and its outside accountants are a little too close for comfort -- and how it could threaten the city's financial integrity
Previous "creative financing" debacles should haunt city officials who've approved a risky $1 billion lease of Muni streetcars
Matt Gonzalez should be backed in District 5 runoff; George W. Bush should be ashamed for considering a coup
Scrounging for cash in the strangest places, the creators of the karate-themed Adventures With Kanga Roddy children's TV series infuriate investors
The fanciful stylings of an Internet stock offering
ValueStar wants businesses to pay for the privilege of sporting its seal of approval. Is it a public service, or a shakedown?
Conflict of interest and the Democrats' wealthy wannabe governors
San Francisco gave away the store to help The Gap Inc. and its politically connected chairman build an upscale headquarters with a bay view. But more than $18 million in subsidies apparently won't bring the city anything it couldn't have had free.
Dermatologist Michael Franzblau goes national with claims that a Marin newspaper ran an anti-Semitic column about him
Buying Wired magazine may align you with the digerati, but buying its stock might sink you into poverty