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DC Solar owner Jeff Carpoff to serve 30 years in prison for orchestrating $1 billion Ponzi scheme
DC Solar owner Jeff Carpoff will spend 30 years of his life in federal prison for orchestrating a $1 billion Ponzi scheme. Carpoff committed the largest criminal fraud in the…
By Marivic Cabural SummersLatest news
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…
By Marivic Cabural SummersRadio host William Neil “Doc” Gallagher gets 3 life sentences for Ponzi scheme that bilked senior citizens
William Neil “Doc” Gallagher, a Texas Christian radio host and author of the book entitled “Jesus Christ, Money…
By Marivic Cabural SummersSEC sued BNZ One Capital and its co-founders for operating a Ponzi-like scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against BNZ One Capital for allegedly operating a Ponzi-like…
By Marivic Cabural SummersMusic streaming company Akazoo to pay $38.8 million to settle fraud charges
Akazoo S.A., a purpoted music streaming company based in Greece, agreed to pay $38.8 million to settle a…
By Marivic Cabural SummersTrump-linked SPAC stock DWAC suffers huge decline on former president’s social media plans
The stock price of Digital World Acquisition Corp. (NASDAQ: DWAC) special purpose acquisition company (SPAC) linked to former…
By Marivic Cabural SummersTesla market cap hits $1 trillion after Hertz orders100K electric vehicles
The stock price of Tesla Inc (NASDAQ: TSLA) surged more than 12% to $1,024.86 per share after Hertz…
By Marivic Cabural SummersHertz invests big in electric vehicle rental fleet; orders 100K Tesla EVs
Hertz Corporation is ordering 100,000 electric vehicles (EVs) from Tesla Inc (NASDAQ: TSLA) by the end of 2022…
By Marivic Cabural SummersFTC orders Online Trading Academy payment plans funder and servicer to offer debt forgiveness
The Federal Trade Commission (FTC) announced that the funder and servicer of Online Trading Academy (OTA) payment plans…
By Marivic Cabural SummersGigaTrust founder Robert Bernardi, other to executives charged with $50 million fraud scheme
Robert Bernardi, the founder and former CEO of GigaMedia Access Corporation doing business as GigaTrust, has been arrested…
By Marivic Cabural SummersTrump-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…
By Jackie Allen