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Saturday, March 23, 2019

Rogue Broker-Dealer and Pump-and-Dump Fraud Scheme

Pump-and-Dump: By Any Means Necessary The Securities and Exchange Commission charges Wedbush Securities Inc., for failing to supervise employee Timary Delorme, a representative of the...

Mozido Company Founder Charged in Fraudulent Scheme

Top Level Executives and a Revolving Door Mozido Inc, headquartered in Austin, Texas, is a financial technology (FinTech) company that designs and delivers mobile payment...

Rampant Fraud and Unregistered Initial Coin Offering

Initial Coin Offering: Raise The Money and Run? Centra Tech co-founders Sohrab “Sam” Sharma and Robert Farkas are in “hot water” amidst their company’s initial...

SEC Freezes NASDAQ Listed Stock Sale for Longfin, amid Cryptocurrency Acquisition Announcement

SEC Freezes Longfin Corporation Stock Sale Proceeds The Securities and Exchange Commission continues to investigate the circumstances surrounding the massive sale of restricted shares of...

Investment Adviser Firms Fined $12 Million by Securities and Exchange Commission

Investment Adviser Firms Fined Geneos Wealth Management Inc., Securities America Advisors Inc., and PNC Investments LLC, are three investment adviser firms fined by the Securities...

Results Driven Securities and Exchange Commission Program and Whistleblower Awards

Taking a Bite Out of Financial Crime “The SEC has issued nearly $90 million in whistleblower awards in the past month alone,” said Jane Norberg,...

James Comey Lays into President Trump During Sunday Night Interview

During yesterday's ABC News interview, former FBI Director James Comey provided additional intel on his upcoming book, 'A Higher Loyalty' and his thoughts on...

Summit of The Americas and Odebrecht Corruption Scandal

Summit of The Americas and Corruption Peru is host to the Summit of the Americas this year, an event hosted by a different country in...

New Jersey Investment Adviser Fraud Scheme

Fraud and Identity Theft Scott Newsholme of Farmingdale, New Jersey, plead guilty in federal court to wire fraud, aggravated identity theft, and preparing fraudulent tax...

Medical Doctors and $65 Million TRICARE Insurance Fraud

Insurance Fraud Scheme of Epic Proportion TRICARE is the health care program that covers United States military service members. The insurance fraud, the equivalent of...

Must Read

Nokia Building

Nokia Discloses Compliance Issues at Alcatel-Lucent Business; Shares Fall

Nokia Corporation (NYSE: NOK) disclosed a possible compliance issues at its Alcatel-Lucent business, which it acquired for €15.6 billion in 2016. The Finnish network maker...