SEC busted a father and son microcap fraud scheme
The U.S. Securities and Exchange Commission (SEC) stopped a transatlantic microcap fraud scheme operated by a father and son and their associates.
On Thursday, the...
Ponzi Scheme: GPB Capital, CEO David Gentile Sued for Defrauding $1.7B from 17,000 Investors
The Securities and Exchange Commission (SEC) filed a lawsuit against GPB Capital and its CEO and owner, David Gentile for allegedly operating a Ponzi-like...
Premium Financing or Predatory Lending? Unraveling the Marenzi, et al vs. Pacific Life Insurance...
Today we bring you a riveting and complex tale of deceit, financial catastrophe, and alleged illegal activities in the realm of life insurance. This...
Changpeng ‘CZ’ Zhao Faces Travel Restrictions in the U.S. Amid Legal Battles
Binance founder Changpeng “CZ” Zhao, a billionaire in the world of cryptocurrencies, has found himself ensnared in legal complexities that keep him in limbo...
True Crime: Las Vegas Mass Shooter was begged by a friend not to harm...
The deadliest mass shooting in US history occurred on October 1, 2017. The Las Vegas mass shooter, Stephen Paddock killed 58 people and was...
Rising Tensions Between Israel & Iran Pose Threat to U.S. Insurance Market, Analysts Warn
Reporting by Samuel Lopez, Legal Analyst
– As the shadow of conflict looms between Iran and Israel, the potential repercussions ripple through the...
Microsoft Could Reach a $3 Trillion Valuation because of Generative AI
Microsoft is poised to join Apple in the prestigious club of companies with a market capitalization surpassing $3 trillion. This upward trajectory is driven...
ChatGPT Could Pass an MBA Program, and Solve Your Legal Problems
ChatGPT has frightened high-school teachers, who are worrying that students may use it to cheat on writing assignments. However, the AI-powered program is of...
Amazon Investment: Anthropic Receives $2.75 Billion Boost in AI Arms Race
The most recent Amazon investment in Anthropic, is doubling down on its commitment to generative AI. By injecting billions into Anthropic, an AI startup,...
Former IIG Managing Partner David Hu gets 12 years jail time for defrauding $120...
David Hu, the former managing partner of International Investment Group (IIG) was sentenced to 12 years in prison for his role in defrauding investors...
Must Read
California’s Home Insurance Crisis: A Ticking Time Bomb
By Samuel A. Lopez
Insurers Flee California: A Brewing Storm of Uninsured Homes
- In a shocking development, California faces a growing home insurance crisis...
