SEC obtains emergency order against Utah-based company’s crypto asset fraud scheme
Washington D.C. — The Securities and Exchange Commission has announced that it obtained a temporary asset freeze, restraining order, and other emergency relief against...
SEC Charges Investment Fund Founder William K. Ichioka with $25 Million Offering Fraud
Washington D.C., June 22, 2023 — The Securities and Exchange Commission today charged William K. Ichioka, of New York, New York, with fraudulently raising...
Man Convicted of $54M Bribery and Kickback Scheme Involving Fraudulent Prescriptions
A federal jury convicted a Florida man for his role in a $54 million bribery and kickback scheme involving TRICARE, a federal program that...
SEC Shuts Down WeedGenics $60 Million Cannabis Offering Fraud
Washington D.C. — The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated...
Man Sentenced for $1.1M COVID-19 Fraud Scheme
A Louisiana man was sentenced today to 10 years in prison for money laundering in connection with a fraudulent scheme to obtain more than...
Beware of the Financial Hardship Scams
Los Angeles (CA) – As we come out of the pandemic, scams and identity theft continue to be rampant, and consumers need to be...
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...
Simi Valley Man Sentenced to Over 4 Years in Prison for Fraudulently Obtaining More Than $1 Million in COVID Business Loans
LOS ANGELES – A Ventura County man who schemed with an Orange County man to illegally acquire disaster relief funds was sentenced today to...