SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealer
Defendants, including persons barred from the brokerage industry, allegedly sold shares they didn’t own, and pocketed more than $75 million
Washington D.C. — The Securities...
Six Men Sentenced for Roles in $20M COVID-19 Relief Fraud Ring
Six Texas men were sentenced a few days ago for their roles in a conspiracy to fraudulently obtain more than $20 million in forgivable...
FTC: Reports of romance scams hit record highs in 2021
Online dating can be a great way to find lasting love – or even your next fling. But reports to the FTC suggest it...
Founders of cryptomining scheme accused of using investments to fund lavish lifestyle
SEC Halts Fraudulent Cryptomining and Trading Scheme
Washington D.C. — The Securities and Exchange Commission this week announced fraud charges against MCC International Corp. (MCC),...
Consulting Companies to Pay $11.3M for Failing to Comply with Cybersecurity Requirements in Federally Funded Contract
Guidehouse Inc., headquartered in McLean, Virginia, has paid $7,600,000 and Nan McKay and Associates (Nan McKay), headquartered in El Cajon, California, has paid $3,700,000...
Founder of $1.7 Billion “HyperFund” Crypto Pyramid Scheme and Top Promoter Charged with Fraud
Promoter Brenda Chunga (aka Bitcoin Beautee) agrees to settle fraud and unregistered offering charges
Washington D.C., Jan. 29, 2024 — The Securities and Exchange Commission...
Tech Company Employees, Family and Friends Charged in $1M Scheme in California
SEC Charges Seven California Residents in Insider Trading Ring
Washington D.C. — The Securities and Exchange Commission has announced insider trading charges against three software...
Serial Fraudster Previously Extradited from Mexico Pleads Guilty to Multiple Investment Fraud Schemes
A California man was extradited from Mexico on March 8 and pleaded guilty today to conspiracy to commit mail fraud and wire fraud, mail...
V-Day lovers: Watch out for romance scams!
On a day like today, Investor News would like to raise awareness of romance fraudsters.
According to the FBI, romance scams occur when a criminal...
South Carolina Man Convicted of COVID-19 Relief Fraud
A federal jury in Atlanta convicted a South Carolina man today of fraudulently obtaining a $300,000 forgivable Paycheck Protection Program (PPP) loan guaranteed by...