{"id":4502,"date":"2007-10-04T01:18:21","date_gmt":"2007-10-04T01:18:21","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/10\/sec_and_doj_charge_brokers_in"},"modified":"2021-09-20T15:42:20","modified_gmt":"2021-09-20T20:42:20","slug":"sec-and-doj-charge-brokers-in","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-and-doj-charge-brokers-in\/","title":{"rendered":"Stock-Loan Traders from Morgan Stanley, Janney Montgomery Scott, and Other Brokerage Firms Charged In $12 Million Stock-Loan Scam by SEC and DOJ"},"content":{"rendered":"

\t\t\t\tThe Securities and Exchange Commission and the Department of Justice have separately filed charges against a number of people for their alleged involvement in a $12 million stock-loan fraud scam<\/a>.<\/p>\n

The criminal case involves charges filed for securities fraud conspiracy and other charges against stock-loan traders at Janney Montgomery Scott LLC and Morgan Stanley, including Anthony Lupo, Peter Sherlock, Donato Tramontozzi, Craig DeMizio, and Andrew Caccioppoli. <\/p>\n

The DOJ says charges stem from its going investigation kickbacks and bribery that are allegedly happening within the securities industry. It says that securities firms frequently borrow and lend securities to each other, as well as coordinate short-sale transactions. Stock-loan finders look for inventories of a given security and match lenders and borrowers for transactions.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The Securities and Exchange Commission and the Department of Justice have separately filed charges against a number of people for their alleged involvement in a $12 million stock-loan fraud scam. The criminal case involves charges filed for securities fraud conspiracy and other charges against stock-loan traders at Janney Montgomery Scott LLC and Morgan Stanley, including […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3760,3741,3846],"tags":[],"class_list":["post-4502","post","type-post","status-publish","format-standard","hentry","category-sec-enforcement","category-securities-fraud","category-stock-loan-fraud-scams"],"yoast_head":"\nStock-Loan Traders from Morgan Stanley, Janney Montgomery Scott, and Other Brokerage Firms Charged In $12 Million Stock-Loan Scam by SEC and DOJ — Investor Lawyers Blog — October 4, 2007<\/title>\n<meta name=\"description\" content=\"The Securities and Exchange Commission and the Department of Justice have separately filed charges against a number of people for 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