SEC sues Southport Capital and Owner John Woods for Operating a Ponzi Scheme
The Securities and Exchange Commission (SEC) sued two entities and their owner for operating a multimillion-dollar Ponzi scheme.
On August 20, the SEC filed a...
GOP Attorney Generals Working to Stop Biden’s Gun Control Measures
Since getting into the White House, President Biden has worked day and night to pass more gun control. Since doing this via Congress hasn't...
Helix Bitcoin Mixer Owner Pleads Guilty to Money Laundering Conspiracy
Larry Dean Harmon, the founder, owner, and operator of Helix Bitcoin mixer pleaded guilty to money laundering conspiracy.
According to the U.S. Department of Justice...
SEC Stops Netflix Insider Trading Ring that Made $3M in Illegal Profits
The Securities and Exchange Commission (SEC) detected and stopped a Netflix insider trading ring that made more than three million in illegal profits.
On Wednesday,...
Stem Cell Institute of America Sued Over False Cure-All Pain Marketing Scheme
The Federal Trade Commission (FTC) and the State of Georgia filed a lawsuit against the Stem Cell Institute of America for marketing stem cell...
SEC Charges GPL Ventures, HempAmericana in Multi-Million Dollar Penny Stocks Fraud Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against GPL Ventures, HempAmericana, and others for their role in a multi-million dollar penny stocks...
SEC Stops an alleged Ponzi scheme by a Florida woman and her two companies
The Securities and Exchange Commission (SEC) succeeded in stopping a Florida woman and her two companies from continuing their alleged Ponzi scheme.
On Friday, the...
Texas GOP Governor, AG Stand by Executive Order Barring Mask Mandates
Several months ago, Texas Republican Governor Greg Abbott took action to prevent widespread mask mandates in the Lone Star State. This action entailed passing...
FLEETCOR faces new FTC administrative complaint for allegedly defrauding small businesses
FLEETCOR Technologies, Inc (NYSE: FLT) and its CEO Ronald Clarke are facing a new administrative complaint for allegedly defrauding small businesses by charging them...
BitMEX to pay $100M to settle charges of illegally operating a cryptocurrency trading platform
BitMEX agreed to settle the charges filed by the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) alleging that...
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Baltimore athletic director accused of using a racist deepfake audio to...
A Baltimore high school athletic director, Dazhon Darien,31, was arrested and charged Thursday with using AI to create a deepfake audio. The voice recording...
