Displaying 99 results
Trump guilty of financial, insurance fraud
Former president loses New York lawsuit as judge describes 'fantasy world.'
‘Cash Flow King’ podcast host charged with running $11M Ponzi scheme
Matthew Motil is accused by the SEC of fraudulently raising money from investors.
Former Wells Fargo exec Tolstedt deserves prison in accounts scandal, US says
Carrie Tolstedt, the bank's former head of retail banking, pled guilty this year to obstructing the investigation of the bank's fake accounts.
SEC bars another advisor involved in church scam
Scams involving members of a group such as a church, known as affinity frauds, pose perils for investors, one attorney notes.
Missing Goldman Sachs analyst found dead
John Castic, last seen after attending a concert Saturday night, was found in a creek in Brooklyn.
Goldman Sachs analyst is missing after Brooklyn concert
John Castic disappeared around 3:00 a.m. Saturday.
SEC charges New York rep with stealing $2.4M from elderly client
Charges 'about as serious as it gets' after advisor allegedly tricks client into signing a power of attorney to enable ripoff.
Fraudsters prey on US veterans’ lack of PACT Act benefit claims knowledge
Veterans and their families are being targeted by criminals, according to an AARP report.
Leap of faith sours for church members as SEC charges man in alleged $35M Ponzi
Many of the investors were elderly retirees who were members of the same church as the man charged.
Finra fines LPL $3M for failing to detect wire transfers that harmed clients
One broker used client funds to pay expenses, while another used client cash to buy real estate.
Twice-convicted fraudster charged by SEC for alleged $38M Ponzi-like scheme
Eliyahu Weinstein of Lakewood, New Jersey, and five others are charged with defrauding investors in health care-related deals.
Exec charged over JPMorgan fraud case
$175 million sale snares another defendant with charges of securities fraud, wire fraud and conspiracy.
SEC charges former broker with ripping off elderly, disabled clients
Joseph Michael Todd of Florida stole at least $3 million from 20 customers, according to the regulator.
Financial planner guilty of tax fraud on behalf of clients
Charities, shell companies and tax evasion schemes leave a Cleveland advisor in hot water.
Investors continue to get roasted in pig-butchering schemes
The Alabama Securities Commission issues a cease-and-desist against two men who scammed 88 victims out of more than $22.5 million.
SEC charges former Army financial counselor with Gold Star family frauds
The regulator alleges unauthorized trading for recommending inappropriate investments forbenefits including $50,000 of a minor child whose parent died on active duty.
Finishing jail term for Ponzi, recidivist fraudster sold another: Feds
'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.
Finra sues smoothie-throwing broker for ducking cash reporting rules
James Iannazzo made cash transactions totaling close to $846,000 to avoid detection, the regulator alleges.
SEC bars RIA chief compliance officer previously found guilty of fraud
Jennifer Campbell was office manager and chief compliance officer for a registered investment advisor in Buffalo, New York.
Finra suspends financial advisor facing child sex charge
Thomas Vernor is based in Huntsville, Alabama, and started in the securities industry in 1984 at Morgan Stanley Dean Witter.
