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Friday, March 29, 2024
UBS settles New York AG Investigation into Mortgage Securities for $230M

UBS Settles New York AG Probe into Mortgage Securities for $230M

UBS agreed to pay $230 million to settle the investigation of the New York Attorney General’s Office into its marketing and issuance of residential...

Department of Justice Files Federal Lawsuit on Behalf of Former Nursing Assistant Over Flu...

The Department of Justice filed a federal lawsuit on behalf of a former nursing assistant who alleges that she was fired over declining a...
Credit Suisse

Credit Suisse to Pay $10M to Settle Probe into its Electronic Trading Practices

Credit Suisse Securities (USA) LLC reached a settlement agreement with the New York Attorney General’s office in connection with the investigation into its alleged...

Fyre Festival Founder Charged by SEC with $27.4 Million Fraud

The Securities and Exchange Commission announced that New York entrepreneur William Z. McFarland, his two companies, a former senior executive and a former contractor...
Finjan Software Patent Case

Landmark Verdict in the Finjan Software Patent Case

In an electrifying decision by a California federal jury, Slovakian software powerhouse ESET emerged unscathed from allegations by competitor Finjan. The latter, an Israeli...
health care fraud

PONZI SCHEME: 1st Million LLC, Smart Partners LLC face charges for defrauding 1.2K investors

The Securities and Exchange Commission (SEC) filed charges against two Maryland companies and their principals for allegedly defrauding around 1,200 investors in a Ponzi...

Bitcoin Plummets below $10K amid Broad Weakness in Cryptocurrency Market

Bitcoin plummeted below $10,000 amid the broad weakness in the cryptocurrency market on Monday. Other digital currencies including ethereum, ripple, litecoin, and stellar also...
Work-From-Home--Cash From Home Scam

SCAM ALERT: FTC Bans Five “Work-From-Home” Business Opportunity Operators

The Federal Trade Commission (FTC) recently banned five companies and their owners for allegedly operating work-from-home business opportunity scam. According to the FTC, Gregory Anderson...
FTC sues Beam Financial

FTC sues Neora for allegedly operating an illegal pyramid scheme

The Federal Trade Commission (FTC) filed a lawsuit against Neora, LLC and its CEO Jeffrey Olson for allegedly operating an illegal pyramid scheme and...

Fraud Alert: Watch Out for Holiday Scams

The COVID-19 pandemic has pushed millions and millions of people, businesses, organizations, and many other entities to use various devices and technologies particularly the...

Must Read

Sovereign AI: The Global Pursuit of AI Dominance

In the ever-evolving landscape of technological advancement, the concept of Sovereign AI has emerged. The concept is that the control and mastery of digital technologies,...