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Saturday, July 20, 2019

Unregistered Brokers Charged by SEC with Selling Securities to Non-Accredited Investors

Unlawful Securities Sale The Securities and Exchange Commission charged four companies and five individuals for unlawfully selling securities of Woodbridge Group of Companies LLC to...

Initial Coin Offering Fraudster Barred by the Securities and Exchange Commission

Controversy and Initial Coin Offering The Securities and Exchange Commission today obtained permanent officer-and-director and penny stock bars against David T. Laurance and Tomahawk Exploration...

Cloud Communications Executives Charged by SEC for Misleading Revenue Projections

A cloud communications company and two executives have been charged by the Securities and Exchange Commission with providing misleading quarterly revenue estimates. The company...

A Family Affair – US Congressman and Close Family and Friends Charged with Insider...

Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins and a third individual, Stephen Zarsky, have been...

Prison Sentence of 18 years for Canadian Man for Multi-Million Dollar Fraud Scheme That...

The United States attorney’s office for the Middle District of Pennsylvania announced Monday that Henry Okpalefe, age 50, was sentenced to 18 years in...

Former Barbados Parliament Member and Minister of Industry Indicted for Money Laundering

Donville Inniss, a former member of the Parliament of Barbados, was charged on Tuesday with conspiracy to launder money and money laundering in federal...

Boral Shutters Wear Out, Elusive “Lifetime Warranty” No Good

Boral, a multinational manufacturing company, offers Atlantic Premium Shutters for homes across the world that come with a "lifetime warranty."   The reality is...

Longtime Fraudster and Career Criminal Sentenced to 40 Years

A federal judge sentenced Harris Dempsey "Butch" Ballow in May to 40 years in prison after pleading guilty to defrauding investors in a Nevada...

Doctor Receives 18-month Prison Sentence for His Role in $30 Million Medicare and Medicaid...

Mustak Y. Vaid was sentenced to 18 months in prison on Wednesday for his participation in a $30 million scheme to defraud Medicare and...

Accountant Sentenced to Prison for Million-dollar Embezzlement Scheme

Stantisha D. Kemp, an accounting manager, was sentenced to two years in prison Wednesday for embezzling over $1.2 million from her employer over a...

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