Everyone's favorite target these days is now under criminal investigation. Federal prosecutors are now looking to whether Goldman Sachs' employees in mortgage trading operation committed securities fraud. The investigation apparently stems from the SEC's civil fraud lawsuit against Goldman regarding mortgage trading. The Wall Street Journal reports it's unclear whether charges will be brought, adding, "Many criminal investigations are launched that never result in any charges." more ›

A day after federal investigators announced that there is "insufficient evidence" to pursue a civil rights case against the officers who shot and killed Sean Bell, relatives of the 23-year-old said they are after the officers' badges. "Myself and my family are going to do everything possible to see that these police officers are fired," said Bell's fiancee, Nicole Paultre-Bell. "There is a history of black men being killed by police officers, and something needs to be done ... We're hoping to eventually meet with President Obama, and that he'll do something, because this is a national problem." more ›

Rev. Al Sharpton said today that federal prosecutors will not pursue a civil rights case against the police officers who shot and killed Sean Bell in a barrage of 50 bullets outside a strip club on the day of his wedding. According to 1010WINS, after reviewing the shooting, federal attorneys decided against pressing charges. Though the police officers involved in the incident were acquitted of manslaughter charges in 2008, friends and family of Bell—who recently had a street renamed in his honor—urged authorities to take the cops to court for violating the 23-year-old's civil rights. But Sharpton said Bell's family has been informed that there will be no federal case. more ›

Federal drug enforcement agents have arrested eight members of a Queens-based gang suspected of kidnapping and torturing more than 100 people. The men impersonated the police, by way of fake sirens and lights on cars and handcuffs, and managed, per the Post, to "steal $4 million in cash and cocaine with a street value of $20 million." more ›