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Sunday, December 5, 2021
uBiome founders face fraud charges

uBiome Co-Founders Jessica Richman, Zachary Apte Charged With $60 Million Fraud

The co-founders of uBiome Inc., a bankrupt biotechnology company based in San Francisco, are facing civil and criminal charges for committing securities and health...

Trump-linked SPAC Truth Social soars over 400% on opening day

Wednesday night, former President Donald Trump announced his new social media network.  Trump says Truth Social will “stand up to the tyranny of Big...

Robinhood discloses data breach, hacker stole info. of 7 million people

Robinhood Markets Inc (NASDAQ: HOOD) revealed that its online trading platform suffered a data breach in which millions of its retail clients have been...
Centra Tech Co-founder Sohrab Sharma eight years prison sentence ICO scam

Centra Tech Co-Founder Sohrab Sharma Sentenced to 8 Years in Prison for Role in...

Sohrab "Sam" Sharma, the co-founder of cryptocurrency company Centra Tech, was sentenced to eight years in prison for his role in the multi-million dollar...
Stock Market Movers: Apple, Alphabet, Microsoft

Stock Market Movers: Alphabet, American Airlines, Apple, eBay, Qualcomm

The stock markets were flat on Wednesday night. Investors focused their attention back on companies' quarterly financial results, the Biden administration's efforts to increase...
GameStop

SEC charges individuals engage in fraudulent options-trading of “meme stocks”

The U.S. Securities and Exchange Commission (SEC) sued two individuals engaged in  fraudulent wash trading of so-called "meme stocks." Wash trading is a market manipulation...
Credit Suisse

Credit Suisse to pay $475 million to settle fraud charges related to Mozambique loan

Credit Suisse Group AG (NYSE: CS) agreed to pay $475 million to settle fraud charges in connection with the financing of a multimillion-dollar loan...

McKinsey Affiliate MIO Partners to pay $18 million to settle compliance failure

MIO Partners, a subsidiary of McKinsey and a registered investment adviser, settled an enforcement action by the U.S. Securities and Exchange Commission (SEC) in...
Robinhood

Robinhood Markets Lifts Trading Restrictions, GameStop Shoots up 15%

Robinhood Markets Inc, an online financial services company, removed all of its trading restrictions on Friday. Traders can now buy shares of GameStop (NASDAQ:...
criminal charges filed against hackers behind REvil ransomaware attacks

CanaFarma, co-founders Vitaly Fargesen and Igor Palatnik charged with securities fraud

CanaFarma Hemp Products Corp. and its co-founders Vitaly Fargesen and Igor Palatnik are facing civil and criminal charges for allegedly committing securities fraud and...

Must Read

What to Know About Christmas Travel in 2021

During this year's Thanksgiving, travel rates rivaled those seen during Thanksgiving 2019. However, with Christmas less than one month away, many Americans are curious...