Former Coal Company VP Charged with Foreign Bribery, Money Laundering and Wire Fraud
A former coal company executive was arrested today on charges of violating the Foreign Corrupt Practices Act (FCPA), laundering funds, and receiving kickbacks as part of an alleged scheme to pay bribes to government officials in Egypt in connection with contracts with an Egyptian state-owned and state-controlled company, Al Nasr Company for Coke and Chemicals (Al Nasr).
The seven-count indictment...
SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”
Washington D.C. — The Securities and Exchange Commission has proposed proposed two rules that would require market participants, such as proprietary (or principal) trading firms, who assume certain dealer functions, in particular those who as act as liquidity providers in the markets, to register with the SEC, become members of a self-regulatory organization (SRO), and comply with federal securities...
Federal Court Bans Deceptive Health Claims and a Wide Range of Other Deceptive Conduct
Federal Court Rules in Favor of FTC, Halting Illegal Tactics Used to Promote Smoking Cessation, Weight-Loss, and Sexual-Performance Aids
At the request of the Federal Trade Commission, a federal district court in California ordered a stop to the illegal tactics used by marketers who deceptively promoted dissolvable oral film strips as effective smoking cessation, weight-loss, and sexual-performance aids.
The court found...
ACI Optimistic for Growth Potential of USMJ, PURA and PJET from Federal Marijuana Legalization
Dallas (TX), March 25, 2022 (GLOBE NEWSWIRE) -- ACI Conglomerated, the majority shareholder of North American Cannabis Holdings, Inc. (OTC Pink: USMJ), Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET) today expressed optimism for the potential impact of federal marijuana legalization on the three holdings.
House lawmakers are expected to vote next week on the Marijuana...
SEC Proposes Amendments to Remove References to Credit Ratings from Regulation M
Washington D.C. — The Securities and Exchange Commission has voted to propose changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M, a set of rules designed to preserve market integrity by prohibiting activities that could artificially influence the market for an offered security.
"In Section 939A...
SEC Proposes Rules to Enhance and Standardize Climate-Related Disclosures for Investors
Washington D.C., March 21, 2022 —
The Securities and Exchange Commission today proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics...
The US announces increased international cooperation to target Russian assets
Australia, Canada, the European Commission, Germany, Italy, France, Japan, the UK, and U.S., Agree to Increased Cooperation to Target Russian Assets
Attorney General Merrick B. Garland and Secretary of the Treasury Janet L. Yellen today met virtually with representatives from Australia, Canada, Germany, France, Italy, Japan, the United Kingdom, and the European Commission, to launch the Russian Elites, Proxies, and Oligarchs (REPO)...
U.S. Secret Service Launches Cryptocurrency Awareness Hub
Washington – The U.S. Secret Service has launched a cryptocurrency public awareness hub featuring a new public service announcement video and information on the security of digital assets and cryptocurrencies.
The new website will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how...
Hadari Oshri allegedly linked to attempted $370M nonexistent PPE COVID-19 scheme
A Special Report: The Harrowing Impunity of White-Collar Crime (Part IV)
The attempted sales are also allegedly linked to conman Marc Lubaszka’s private jet company, Fly Private X, and convicted fraudster Arael Doolittle
AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a frivolous civil harassment restraining order (CHRO) against me to stop the publication of...
FC Barcelona Cancels Marketing Agreement With NFT Marketplace Ownix
FC Barcelona Cancels Marketing Agreement With NFT Marketplace Ownix
But the soccer powerhouse is still scheduled to launch an NFT collection on the Ownix platform next week.
FC Barcelona cancelled a marketing deal with non-fungible token (NFT) marketplace Ownix on Thursday. The decision comes less than five days before the soccer powerhouse is scheduled to auction its first NFT collection through...