67.7 F
New York
Wednesday, June 19, 2019

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...

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...

Iowa’s Boys State Training School Accused Failing to Provide Adequate Mental Health Care

Iowa’s Boys State Training School is a facility managed by the state. According to Iowa Department of Human Services, the goal of the school...
FTC looks to protect military families from deceptive advertising.

Victory Media Reaches Agreement to Resolve FTC Violations

Victory Media, Inc., was accused by the FTC of deceptive marketing practices related to their promotion of secondary education opportunities for our military men...

Justice Department Is Finding “Missing” FBI Text Messages

(This report is an update to the prequel story regarding the "missing" FBI text messages.) New coverage from The Daily Wire affirms that the Department...
Wells Fargo

Wells Fargo to Pay $575 Million to Settle Nationwide Probe into its Misconduct

Wells Fargo & Company agreed to pay $575 million to settle a multistate investigation into its misconduct involving its sales practices, mortgage-rate lock fees,...
FDA Warning

FDA Warns CanaRx for Selling Unapproved and Misbranded Drugs

The U.S. Food and Drug Administration (FDA) warned CanaRx, a Canadian company, for selling “unapproved and misbranded” medicines from foreign sources to unsuspecting Americans. In...

Operators of Student Loan and Mortgage Debt Scheme Settle FTC Charges

Operators of a California-based student loan and mortgage debt relief organization have agreed to settle Federal Trade Commission charges that they scammed millions of...

Pinnacle Workforce Solutions President Sentenced to Prison for Payroll Rip-off

John McEwan, former president of Pinnacle Workforce Solutions, was sentenced on July 24 to over five years in prison, according to a joint statement...

Incorrect Quantitative Investment Models Lead to $97 Million Investor Payout

Faulty Investment Models The Securities and Exchange Commission charged four distinct Transamerica entities for misconduct involving faulty investment models. Amid the charges, the SEC ordered...

Must Read

Pennsylvania Gov. Wolf

Gov. Wolf asks Pennsylvania Legislature to authorize state to join greenhouse...

Governor Tom Wolf is requesting the Pennsylvania Legislature to authorize the state to participate in a regional initiative to reduce greenhouse gas emissions from...