missing money news stories on Newser

MF Global's Missing Cash May Be Gone Forever

Matt Cantor — Mon, 30 Jan 2012 13:09:19 CST

As officials search for the remainder of missing MF Global cash—which one insider puts at more than $1 billion—some are starting to fear the worst. In the words of one source to the Wall Street Journal : A "significant amount" of the money could have "vaporized," impossible to track...

Jon Corzine's Company Missing $700M

Neal Colgrass — Mon, 31 Oct 2011 19:31:55 CDT

A financial firm headed by former New Jersey Governor Jon Corzine is missing about $700 million, federal investigators say. MF Global, which filed for bankruptcy today , was trying to sell part of itself to a brokerage firm when the shortfall was discovered. Regulators will likely pounce if MF Global used...

Jon, Kate Inch Closer to Divorce

Sarah Quinn — Tue, 08 Sep 2009 09:32:09 CDT

Jon and Kate Gosselin are closer to each being minus a spouse. The reality TV pair has sorted out a money issue that was holding up their divorce, the New York Post reports. In June, Jon claimed Kate was hiding $80,000 in a secret trust. Turns out she was,...

Woman Tosses Mattress Stuffed With Mom's $1M

Ambreen Ali — Wed, 10 Jun 2009 13:59:02 CDT

In hindsight, maybe the bank might've been a better idea: An Israeli woman dumped her mom's life savings when she decided to surprise her with a new mattress—and tossed the old one padded with nearly $1 million, CNN reports. City workers are helping the daughter search, and have beefed...

Billions in US Funds Missing in Iraq

Jonas Oransky — Sun, 09 Sep 2007 05:22:04 CDT

Following the invasion of Iraq, the US shipped $12 billion in “walking-around” money to Iraq's transitional government, the American-led Coalition Provisional Authority. An astonishing $9 billion has gone missing. Funds "entered a free-for-all where anyone with fingers could take it" as the "Coalition of the Willing turned into the Coalition...

Bingo! 500G Missing in Charity Game

Heather McPherson — Fri, 10 Aug 2007 13:23:35 CDT

As much as half a million dollars is missing from Long Island town bingo game operated three times a week by a charity for the disabled, Newsday reports. An investigation was launched after two charity workers accused each other of skimming $10,000 from the games. That's when investigators discovered...