Tag Archives: Securities fraud

[ad_1] Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it won’t get in the way of their ongoing criminal …

[ad_1] A federal judge on Wednesday dismissed a proposed class action lawsuit by investors against the founders of the cryptocurrency EthereumMax, as well as celebrity endorsers including Kim Kardashian and boxer Floyd Mayweather Jr. over their promotion of the cryptocurrency on social media. Investors who bought EMAX tokens alleged they …

[ad_1] Zoom In IconArrows pointing outwards FBI Poster for Justin Costello FBI The Securities and Exchange Commission has agreed to settle a civil lawsuit against a man accused of five separate penny stock pump-and-dump schemes, court filings Friday revealed. The man, David Ferraro, is accused of using his prolific Twitter …

[ad_1] A view of a Lafarge Cement plant is seen in Paris, France on September 8, 2021. Julien Mattia | Anadolu Agency | Getty Images Lafarge Cement has agreed to plead guilty Tuesday and pay a fine of $777.8 million to U.S. federal criminal charges related to the French company’s …

[ad_1] Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to drive up the value …

[ad_1] Prosecutors on Tuesday asked a California federal judge to jail without bail a recent fugitive accused of a brazen $35 million fraud that involved him falsely telling investors he was a billionaire, a Harvard MBA and a special forces veteran who was wounded twice in Iraq. An FBI SWAT …

[ad_1] Your Hometown Deli in Paulsboro, N.J. Google Earth CAMDEN, N.J. – Two men charged in an alleged stock-manipulation scheme involving a small-town New Jersey deli pleaded not guilty Tuesday morning. Peter Coker Sr., 80, and James Patten, 63, who were arrested by federal authorities last month in North Carolina, …

[ad_1] Zoom In IconArrows pointing outwards A fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT …

[ad_1] Zoom In IconArrows pointing outwards A fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT …

[ad_1] New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children, and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business. The 220-page civil lawsuit filed in Manhattan Supreme Court seeks …