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Legal Industry June 21, 2020

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 Summers
Latest news
Legal Industry June 16, 2020
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 Summers
Legal Industry June 11, 2020
FTC 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 Summers
Legal Industry June 3, 2020
U.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 Summers
Legal Industry May 23, 2020
Peloton sues NordicTrack maker Icon

Peloton, maker of the popular Peloton bike, is suing competitor Icon Health & Fitness Inc, maker of NordicTrack,…

By Rheanna Chou
Legal Industry May 22, 2020
SEC 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 Summers
Legal Industry May 21, 2020
Investors 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 Summers
Legal Industry May 18, 2020
FTC 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 Summers
Legal Industry May 13, 2020
FTC 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 Summers
Legal Industry May 1, 2020
SEC 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 Summers
Legal Industry April 28, 2020
U.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

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