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Tuesday, October 23, 2018

Insider Trading and Options Trading Scheme of VistaPrint Stock Results in Federal Indictment

Securities Fraud Charlie Jinan Chen, 48, was charged in federal court in Boston, Massachusetts, in connection with insider trading. Specifically, trading on non-public information and...

From Multi-Million Dollar Marketing Scheme to Prison Sentence

Fraudulent Marketing Scheme Craig Jerabeck, of Rochester, NY, pleads guilty to conspiracy to commit wire fraud and filing a false tax return, as a part...

Fraudulent Marketers Banned from Invention Promotion Business

Invention Promotion Scam Scott Cooper and his Miami, FL, based companies, World Patent Marketing Inc. and Desa Industries Inc., agree to a settlement with the...

South Carolina AG on Shipchain: C&D Dropped, Does Not Waive Future Action

Earlier this year, the South Carolina securities commissioner served ShipChain, a cryptocurrency company, with a Cease & Desist Order: "Respondent ShipChain continuously offered investment opportunities...

Behind the SEC’s Moves On ICOs

One of the biggest challenges we face in our times is that technology and marketing move much faster than the legal system’s ability to...

Identity Thief and Virtual Bank Robber Sentenced

Wire Fraud and Identity Theft Justin Tony Walker was sentenced to seven years in federal prison for conspiracy to commit wire fraud and aggravated identity...

Alleged Municipal Bond ‘Flipping’ and Kickback Scheme Unraveled by SEC

The Securities and Exchange Commission charged two firms and 18 individuals in a scheme to inappropriately divert new issue municipal bonds to broker-dealers at...

Former Charity Executive Pleads Guilty to Bribery and Embezzlement Scheme

Dirty South Bribery and Embezzlement Scheme A former executive of a Springfield, Missouri charity, pleads guilty in federal court. The circumstances surrounding the guilty plea...

Timothy Allen Patrick Allegedly Used his Fly Fishing Business to Bait and Scam Investors

According to sources, Timothy Allen Patrick, a fly fishing business operator in Blue Ridge, Georgia, is accused of scamming investors.   Is Mr. Patrick...

Merrill Lynch Charged by SEC for Failing to Supervise RMBS Traders

Merrill Lynch Breach of Fiduciary Responsibility The Securities and Exchange Commission levies hefty monetary penalties on preeminent Wall Street brokerage firm, Merrill Lynch. The firm,...

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Pennsylvania Governor Tom Wolf Image 1

Gov. Wolf Vetoes Bill Requiring Work or Community Engagement as Condition...

Pennsylvania Governor Tom Wolf vetoed a legislation that requires work or community engagement as a condition for certain individuals to qualify for Medical Assistance...