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Tuesday, November 30, 2021
Ponzi scheme

SEC 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 scheme. The federal securities regulator also named...

Progressives Forced to Remove Paid Family Leave from Social Spending Bill

For weeks now, Democrats in Congress have been debating the particulars of a social spending bill. The Biden administration is claiming this spending bill...

Russia initiates antitrust case against Apple over “abusive” App Store policy

Russia initiated an antitrust lawsuit against Apple Inc (NASDAQ: AAPL) for failing to address its warning regarding the U.S. tech giant's "abusive conduct" related...
Akazoo settles fraud charges

Music 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 lawsuit filed by the U.S. Securities...
Navistar

Navistar to pay $52 million to resolve violations of the Clean Air Act

Navistar agreed to pay a civil penalty of $52 million and to prevent at least 10,000 tons of oxides of nitrogen (NOx) emissions to...
debt forgiveness-FTC-online trading academy

FTC 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 agreed to offer debt forgiveness to...
Credit Suisse

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...
Facebook bans ads for bitcoin, ICOs, cryptocurrencies

Facebook settles DOJ, DOL lawsuits alleging discriminatory recruitment practices

Facebook (NASDAQ: FB) reached separate settlement agreements with the U.S. Department of Justice (DOJ) and the Department of Labor (DOL) in connection with its...

FCC Considering Rules To Stop Illegal Robotexts Flooding Cellphones

The Federal Communications Commission (FCC) is now paying attention to the annoying text messages known as robotexts sent to consumers' cellphones. On Monday, the FCC...
Bitfinex

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...

Must Read

Missouri Judge Stops Biden’s Vaccine Mandate for Healthcare Workers

Joe Biden's push for COVID vaccine mandates on Americans is facing historic levels of pushback. Business groups, religious bodies, and multiple states across the...