Securities and Exchange Commission Terminates Fraudulent Coin Offering Scheme
Fraudulent Coin Offering Scheme
The Securities and Exchange Commission obtains a court order halting an ongoing fraud. The illegal operation involves an initial coin offering...
Student Loan Debt Relief Scheme Settles Charges with Federal Trade Commission
Student Loan Debt Relief Scheme
The defendants in two student loan debt relief cases agree to settle Federal Trade Commission claims against them. The FTC...
Investment Banker and International Insider Trading Scheme
Trading Scheme Greed Run Rampant
The Securities and Exchange Commission charges an employee of a prominent investment bank. The charges are a result of repeatedly leveraging highly...
Thirteen Private Fund Advisers Penalized by SEC for Recurring Filing Failures
Investment Advisers and Recurring Filing Failures
The Securities and Exchange Commission announces settlements with more than a dozen registered investment advisers. The news comes amidst...
Investment Advisers’ Failure to Disclose Conflicts of Interest Mislead Retail Clients
Breach of Fiduciary Responsibility and Conflicts of Interest
The Securities and Exchange Commission publicizes the transgressions of a New York-based investment adviser, deVere USA, Inc....
Mischievous Debt Collectors Settle FTC Charges for Deceiving Consumers with Fake Debt Collection
Debt Collection Gone Wild
A North Carolina debt collection operation, Lombardo, Daniels & Moss, and its principals, Dion Barron and Charles R. Montgomery III, may...
New York AG Sues Investment Advisor for Defrauding Elderly Clients
New York Attorney General Barbara Underwood filed criminal charges against an investment advisor for defrauding elderly clients.
On Wednesday, AG Underwood said Dean S. Mustaphalli,...
Securities Fraud and Non-Existing Contracts In Foreign Countries
CEO Stung For Securities Fraud
The chief executive officer of RVPlus Inc., a publicly traded microcap company, receives a conviction at trial for orchestrating a...
Registered Investment Adviser and $131 Million Market Manipulation Scheme
Market Manipulation of Epic Proportion
Louis Petrossi, a former investment adviser, sells naïve investors worthless stock through a complex market manipulation scheme. In doing so,...
$7 Million Car Dealership Scam Gives New Meaning to “Used Car Salesman”
International Advance-Fee Scam
An Indiana man is arrested in connection with allegations of laundering the proceeds of an international advance-fee scheme through his used-car dealership....
Must Read
Unraveling the Coverage Dispute: Bond Seller Fights to Keep Lawsuit Against...
(USA Herald) - As a legal news contributor for USA Herald, Samuel Lopez has been closely monitoring the ongoing coverage dispute between a bond...
