Entrepreneur Convicted for $4.1 Million COVID-19 Relief Fraud
A federal jury in Detroit convicted a Michigan man today for a wire fraud and money laundering scheme to obtain more than $4.1 million...
Call Center Operators charged with fraud in $58 million penny stock scheme
Washington D.C. – The Securities and Exchange Commission today announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia,...
Stocks sink again as coronavirus sell-off reaches a new low
Stocks tumbled again Wednesday, closing at a new coronavirus crisis low as investors worried about the economic damage from the pandemic.
The Dow dropped 1,338 points, or...
SEC Charges Advisory Firm and Executives with Devising an Elaborate Scheme to Defraud Clients out of More Than $75 Million
The Securities and Exchange Commission today charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard...
Three CA companies agree to pay $530K over PPP loans violations
Three California companies have agreed to pay a total of $530,000 to settle allegations that they knowingly violated the False Claims Act when they...
SEC Charges Egan-Jones Ratings Co. and CEO with Conflict of Interest Violations
Washington D.C. — The Securities and Exchange Commission has charged Haverford, PA-based Egan-Jones Ratings Company, a nationally recognized statistical rating organization (NRSRO) registered with...
Woman Convicted of Laundering Over $750,000 from Health Care Fraud Scheme
A federal jury convicted a Florida woman Friday for laundering approximately $786,000 in money stolen from Medicare, Medicaid, and private health insurers as part...
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...
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...
Purdue Pharma Pleads Guilty to Three Felonies Over OxyContin Misconduct
Purdue Pharma Pleads Responsible to Three Felonies Over OxyContin Misconduct
Purdue Pharma LP pleaded responsible to prison costs over the dealing with of its addictive...