GigaTrust 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 and charged with a $50 million...
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...
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...
CFTC imposes $1.5 million fine against Bitfinex over illegal transactions
The Commodity Futures Trading Commission (CFTC) ordered Bitfinex to pay a penalty of $1.5 million for offering and executing illegal off-exchange financed retail commodity...
Tether to pay $41 million penalty over false claims about USDT stablecoin
The Commodity Futures Trading Commission (CFTC) ordered Tether to pay a civil monetary penalty of $41 million for making false or misleading statements and...
Joaquin Altenberg must pay $1.72 million in legal fees for egregious fraud and misrepresentation
*Alert: update to story here: https://usaherald.com/vax-immunes-leonard-weisman-served-lawsuit-as-part-of-collection-process/
Joaquin Altenberg was made liable for $1.72 million in plaintiffs' legal fees, plus interest based on a court finding...
Stock hijackers Mark Miller, Christopher Rajkaran plead guilty to pump-and-dump scheme
Two stock hijackers pleaded guilty to committing securities fraud by engaging in an illegal pump-and-dump scheme.
On Thursday, Acting U.S. Attorney W. Anders Folk of...
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...
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...
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...
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Fandom acquires Metacritic to create a combined gaming platform
In a post on their website Monday, Fandom announced they have "acquired a portfolio of entertainment and gaming brands." The Wall Street Journal reported the purchase...
