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 $25 million from individual investors primarily in California and Oregon by making false claims about his investing success and promising large anticipated returns but instead using investor funds for gambling and to enrich himself. Ichioka...
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 National Resources Inc. (INR), which does business as WeedGenics, and its owners, Rolf Max Hirschmann and Patrick Earl Williams, who have raised more than $60 million from investors to expand their cannabis operations, but have...
Disgraced businesswoman Hadari Oshri announces Gaya Ventures networking event in Malibu
AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a civil harassment restraining order (CHRO) against Investor News reporter Aitana Vargas to stop the publication of her investigative series “A Special Report: The Harrowing Impunity of White-Collar crime,” and any subsequent installments or future media coverage. On August 3, 2021, Vargas filed an anti-SLAPP...
HSBC and Scotia Capital Charged with Widespread Recordkeeping Failures
Firms admit to wrongdoing and agree to pay penalties in SEC’s ongoing recordkeeping initiative
Washington D.C., — The Securities and Exchange Commission this week charged HSBC Securities (USA) Inc. and Scotia Capital (USA) Inc. for widespread and longstanding failures by both firms and their employees to maintain and preserve electronic communications. To settle the charges, HSBC and Scotia acknowledged that...
SEC Alleges Son and Father-in-Law Touted Faith to Target Church Members in $20 Million Offering Fraud
Washington D.C. — The Securities and Exchange Commission today charged Brett M. Bartlett, his father-in-law Scott A. Miller, and their companies for fraudulent securities offerings that raised at least $20.5 million, some of which Bartlett and Miller misused for personal expenses.
According to the SEC’s complaint, from at least June 2018 to May 2020, Bartlett and Miller raised funds from...
What Is a Gold IRA
What is a Gold IRA?
A Gold IRA is an IRS-approved retirement account that functions in the same way as any regular IRA.
Unlike conventional retirement accounts such as IRA and 401(k) accounts that limit your options in standard paper-based assets such stocks, mutual funds and bonds, a Gold IRA allows you the added benefit of investing in physical Gold coins and bars and other...
La economía, a examen. ¿A las puertas de una nueva recesión?
Los Ángeles (CA) – La pandemia más letal desde la mal llamada gripe española de 1918, no solo ha dejado una estela de muertes a lo largo y ancho del planeta. También ha puesto de manifiesto la vulnerabilidad de los sistemas sociales, ha desafiado la capacidad de respuesta del aparato sanitario ante una emergencia de gran magnitud y ha...
Man Charged in $110 Million Cryptocurrency Scheme
A Puerto Rico man was scheduled to make his initial appearance this week at the federal courthouse in Manhattan to face commodities fraud, commodities market manipulation, and wire fraud charges in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.
According to court documents, Avraham Eisenberg, 27, engaged in a scheme to fraudulently obtain approximately $110 million worth...