Risk
Texas Energy Fund Adviser Charged with Defrauding Over 100 Investors
Fund principals allegedly pocketed nearly $2.7 million in illicit payments.
Tag: Fraud
Risk
Cryptocurrency Firm Co-Founder Gets 8-Year Prison Sentence for ICO Fraud
Sohrab ‘Sam’ Sharma was also ordered to forfeit more than $36 million.
Risk
McAfee Indicted for Fraud, Money Laundering Conspiracy Crimes
Former software firm founder could spend the rest of his life behind bars if convicted.
Regulation
SEC Charges Seven in $45 Million Pump and Dump Scheme
Kelly Kabilafkas allegedly promoted shares in Airborne Wireless Network, then dumped the stock.
Risk
Cryptocurrency Firm Founder Indicted in Alleged Multimillion Dollar Scam
Kristijan Krstic, aka Felix Logan, allegedly absconded with $7 million of investors’ money.
FBI Arrests VC Firm Founder Over Alleged Investment Fraud
Derek Jones has been charged with wire fraud and identity theft in an allegedly multimillion dollar scam.
Regulation
Hedge Fund Founder Pleads Guilty to Neiman Marcus Bankruptcy Fraud
Daniel Kamensky pressured a rival investor to drop its bid for assets he wanted on the cheap.
Risk
Three Charged by SEC with Defrauding Hundreds of Digital Asset Investors
John DeMarr allegedly staged his own disappearance in Montenegro to avoid disgruntled investors.
CIO Pleads Guilty to Role in $100 Million Fraud
International Investment Group’s David Hu faces a maximum sentence of 45 years in prison.
Risk
Trader Charged in Alleged Cryptocurrency Scam
Jeremy Spence, aka ‘Coin Signals,’ allegedly claimed to have made a 148% return in one month when he actually lost money.
Russian Gets 12 Years in Prison for Hacking US Financial Institutions, Publishers
Andrei Tyurin targeted JPMorgan Chase Bank, E*TRADE, Scottrade, and The Wall Street Journal.
Risk
SEC Charges Las Vegas Business Owner for Alleged Role in Defrauding Elderly Investors
Ponzi scheme allegedly raised more than $170 million from approximately 1,100 investors.
Risk
SEC Charges 23-Year-Old Crypto Fund Manager with Fraud
Stefan Qin allegedly lied to investors about Virgil Sigma Fund’s strategy, assets, and financial condition.
Coronavirus - COVID-19
CEO Charged in Rapid COVID-19 Test Scam
Decision Diagnostics’ stock soared 1,500% in less than two months on allegedly false claims of a 15-second COVID-19 test.
Risk
Former Nanotech Firm CEO Charged with Fraud over Fictitious Cancer Detector
James Barbera allegedly told investors that his firm had a NASA-developed breathalyzer that could detect cancer and narcotics.