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Financial Investigations October 21, 2020

Kik agrees to pay $5M to settle SEC lawsuit over its 2017 unregistered ICO

Kik Interactive finally decided to settle its legal battle with the U.S. Securities and Exchange Commission (SEC) in connection with its $100 million unregistered initial coin offering (ICO) in 2017…

By – Marivic Cabural Summers
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Financial Investigations October 20, 2020
FinCEN imposes $60M penalty vs. Helix Bitcoin mixer owner Larry Dean Harmon

Coin Ninja and Helix Bitcoin mixer founder, owner, and operator, Larry Dean Harmon has to cough up $60…

By Dee Dulfo
Financial Investigations October 19, 2020
FTC sued Critical Resolution Mediation, another debt collection scam

The Federal Trade Commission (FTC) sued Critical Resolution Mediation LLC, another debt collection scam based out of Atlanta,…

By Colby McCoy
Financial Investigations October 16, 2020
Billionaire Robert Smith agrees to pay $139M in taxes and penalties, cooperate in tax evasion probe  

Robert Smith, a Black American billionaire, Chairman, and CEO of Vista Equity Partners admitted his involvement in a…

By Marivic Cabural Summers
Financial Investigations October 16, 2020
Cybercriminals hacked almost 2,000 Robinhood trading accounts

Cybercriminals reportedly obtained access to almost 2,000 accounts on the Robinhood trading app, the latest target of hacking…

By Marivic Cabural Summers
Financial Investigations October 16, 2020
Texas billionaire Robert Brockman faces criminal charges including tax evasion, wire fraud

Robert Brockman, a billionaire in Texas and the CEO of automotive software company Reynolds & Reynolds Co., is…

By Marivic Cabural Summers
Financial Investigations October 15, 2020
The Ten Worst Corporate Cyberattacks of All-Time

There have been dramatic increases in cyber attacks so far this 2020. Public entities, universities, and businesses are…

By Jackie Allen
Financial Investigations October 15, 2020
Bilzerian alludes to Uber unprofitability before as a parallel to counter bankruptcy rumors about Ignite

Millionaire Instagram playboy and CEO of Ignite International Limited Dan Bilzerian took to Twitter on Wednesday to claim…

By Colby McCoy
Financial Investigations October 14, 2020
Brazilian investment firm J&F pleads guilty to bribery, agrees to pay $283M penalty 

J&F Investimentos S.A. (J&F), a Brazilian investment firm admitted to engaging in a long-running bribery scheme. It agreed…

By Marivic Cabural Summers
Financial Investigations October 14, 2020
Affiliate marketer Peter Szatmari ordered to pay over $13.8M for role in binary options fraud

An affiliate marketer named Peter Szatmari must pay more than $13.8 million for fraudulently soliciting investors to open…

By Marivic Cabural Summers
Financial Investigations October 12, 2020
Dan Bilzerian quiet as whispers of alleged financial turmoil at Ignite persist

Dan Bilzerian, the Instagram playboy and the CEO of Ignite International Brands Ltd (OTCMKTS: BILTZSF) seems to have…

By Colby McCoy

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