Centra Tech co-founder pleads guilty for role in fraudulent ICO
The U.S. Attorney’s Office for the Southern District of New York announced that Robert Farkas, the co-founder of cryptocurrency company Centra Tech, pleaded guilty for his role in an initial…
By – Marivic Cabural SummersLatest news
PG&E pleads guilty for its role in the Butte County Camp Fire that killed 84 people
Pacific Gas & Electric Company (PG&E) accepted accountability for its actions that contributed to the cause of the…
By Marivic Cabural SummersFTC bans payment processors for allegedly helping scammers defraud consumers
The Federal Trade Commission (FTC) and the State Ohio is permanently prohibiting two companies and their owners from…
By Marivic Cabural SummersU.S. Offers $5 Million Reward for the Arrest of Venezuela’s Cryptocurrency Chief
The United States government is offering a $5 million reward for information that will lead to the arrest…
By Marivic Cabural SummersPeloton sues NordicTrack maker Icon
Peloton, maker of the popular Peloton bike, is suing competitor Icon Health & Fitness Inc, maker of NordicTrack,…
By Rheanna ChouSEC stops California investment adviser’s Ponzi scheme targeting seniors
The Securities and Exchange Commission (SEC) stopped an investment adviser and his entities’ Ponzi scheme targeting senior citizens…
By Marivic Cabural SummersInvestors file class-action lawsuit against Block.one over its alleged “fraudulent scheme”
Block.one, a blockchain software company that developed the cryptocurrency or digital token called EOS, is facing a class-action…
By Marivic Cabural SummersFTC obtains order banning home security company from outbound telemarketing
The Federal Trade Commission (FTC) obtained a final court order prohibiting a home security installation company from engaging…
By Marivic Cabural SummersFTC sues telemarketers, debt collector for scamming organizations for books and newsletter subscriptions they did not order
The Federal Trade Commission (FTC) filed a lawsuit against telemarketers and a debt collector responsible for scamming organizations…
By Marivic Cabural SummersSEC sues Praxsyn and its CEO over alleged COVID-19 scam
The Securities and Exchange Commission (SEC) filed a lawsuit Praxsyn Corporation and its CEO, Frank Brady, over its…
By Marivic Cabural SummersU.S. Authorities seize COVID-19 website from owner trying to sell it for bitcoin
The U.S. Department of Justice (DOJ) and the Department of Homeland Security (DHS) seized a COVID-19 website from…
By Marivic Cabural Summers