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Former president loses New York lawsuit as judge describes 'fantasy world.'
Matthew Motil is accused by the SEC of fraudulently raising money from investors.
Carrie Tolstedt, the bank's former head of retail banking, pled guilty this year to obstructing the investigation of the bank's fake accounts.
Scams involving members of a group such as a church, known as affinity frauds, pose perils for investors, one attorney notes.
John Castic, last seen after attending a concert Saturday night, was found in a creek in Brooklyn.
John Castic disappeared around 3:00 a.m. Saturday.
Charges 'about as serious as it gets' after advisor allegedly tricks client into signing a power of attorney to enable ripoff.
Veterans and their families are being targeted by criminals, according to an AARP report.
Many of the investors were elderly retirees who were members of the same church as the man charged.
One broker used client funds to pay expenses, while another used client cash to buy real estate.
Eliyahu Weinstein of Lakewood, New Jersey, and five others are charged with defrauding investors in health care-related deals.
$175 million sale snares another defendant with charges of securities fraud, wire fraud and conspiracy.
Joseph Michael Todd of Florida stole at least $3 million from 20 customers, according to the regulator.
Charities, shell companies and tax evasion schemes leave a Cleveland advisor in hot water.
The Alabama Securities Commission issues a cease-and-desist against two men who scammed 88 victims out of more than $22.5 million.
The regulator alleges unauthorized trading for recommending inappropriate investments forbenefits including $50,000 of a minor child whose parent died on active duty.
'A leopard doesn’t change its spots,' one industry attorney said of Wilson Baston of Brooklyn, New York, who had pleaded guilty in 2008 to deceiving hundreds of investors in a Ponzi scheme.
James Iannazzo made cash transactions totaling close to $846,000 to avoid detection, the regulator alleges.
Jennifer Campbell was office manager and chief compliance officer for a registered investment advisor in Buffalo, New York.
Thomas Vernor is based in Huntsville, Alabama, and started in the securities industry in 1984 at Morgan Stanley Dean Witter.