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Financial Investigations May 7, 2018

FTC and FDA Issue Warning Letters to Companies Marketing E-liquids That Resemble Children’s Juice Boxes, Candies, and Cookies

Warning Letters and Protecting Youth from Dangers of Nicotine and Tobacco Products Manufacturers, distributors, and retailers for e-liquids common in e-cigarettes are targets of both the Federal Trade Commission (FTC)…

By – Peter Moreno
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Financial Investigations May 7, 2018
Prison Sentencing for $100 Million Compounding Pharmacy Fraud Scheme Grows

Half-a-Dozen Co-Conspirators Previously Sentenced in Compounding Scheme Nicholas A. Borgesano Jr., the owner of a New Port Richey,Florida…

By Peter Moreno
Financial Investigations May 7, 2018
Paint Companies Mislead Consumers through Bogus Emission and VOC-Free Claims

Sham VOC-Free Claims Four paint companies — Benjamin Moore & Co., Inc., ICP Construction Inc., YOLO Colorhouse, LLC,…

By Peter Moreno
Financial Investigations May 7, 2018
$20 Million Investment Fraud Turned Personal Slush Fund

Massive Investment Fraud Leveraging fraudulent correspondence, Trell and Vinson initiate their investment fraud by setting up corporate bank…

By Peter Moreno
Financial Investigations May 7, 2018
Lending Club Charged by FTC for Deceiving Consumers with “No Hidden Fees”

Promises “No Hidden Fees” but Charges Fees Anyway The Federal Trade Commission charges the Lending Club with falsely promising…

By Peter Moreno
Financial Investigations April 27, 2018
International Money Laundering Conspiracy Lands U.S.-Nigerian Dual Citizen in Federal Court

Nigerian Money Laundering Conspiracy Emeka Ndukwu, of Upper Marlboro, Maryland, pleads guilty to conspiring to launder the proceeds…

By Peter Moreno
Financial Investigations April 26, 2018
President Trump Speaks Out Regarding Longtime Personal Attorney Michael Cohen

Earlier today, President Trump provided some insight into his relationship with his attorney during a Fox and Friends…

By Gabrielle Seunagal
Financial Investigations April 26, 2018
FTC Funeral Homes Undercover Inspections Reveal Failures to Disclose Pricing Information

Funeral Homes Failures to Disclose Pricing Information Federal Trade Commission investigators, working undercover in 11 states, uncover failures…

By Peter Moreno
Financial Investigations April 26, 2018
Biotech Securities Fraud at PixarBio Corporation

Biotech Securities Fraud Frank Reynolds, the chief executive officer of PixarBio Corp., a Boston-based biotech company, and two…

By Peter Moreno
Financial Investigations April 25, 2018
Altaba Pays $35 Million For Failing to Disclose Massive Cybersecurity Breach

Massive Cybersecurity Breach The Securities and Exchange Commission announces Altaba’s failure to disclose a massive cybersecurity breach, dating…

By Peter Moreno
Financial Investigations April 25, 2018
Medicaid Program Fraud Lands Woman in Federal Prison

Medicaid Program Fraud Runs Rampant Ronnette Brown receives a four year federal prison sentence for Medicaid program fraud.…

By Peter Moreno

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