A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.

A federal jury in Richmond, Va., convicted a Houston businessman for his role in a $100 million life-settlement fraud scheme that prosecutors say bilked more than 800 people in the U.S. and Canada.

To better highlight its efforts to crack down on financial fraud, including illegal activities involving securities, the U.S. Attorney’s Office for the Eastern District of Virginia has renamed one of its divisions.