A fraudster named Friday was arrested on Friday in Davie for his role in a six-figure bank scam targeting a woman who lives in the town, police said in court documents made public on Wednesday.

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

A Nicaraguan citizen was brought to Miami from Spain this week on federal charges tied to the man's alleged wire fraud and money-laundering operation. As part of the joint investigation by the Federal ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

Notice from the Federal Deposit Insurance Corporation that the New Jersey Title Guarantee and Trust Company has failed, is tacked up on the door of the $23,000,000 bank in Jersey City. Very little ...