{"id":6263,"date":"2018-05-05T18:08:53","date_gmt":"2018-05-05T18:08:53","guid":{"rendered":"https:\/\/www.investorlawyers.com\/?p=6263"},"modified":"2018-05-05T18:08:53","modified_gmt":"2018-05-05T18:08:53","slug":"recent-criminal-securities-fraud-cases","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/recent-criminal-securities-fraud-cases\/","title":{"rendered":"Recent Criminal Securities Fraud Cases: Ex-OmniView Capital Advisers CEO is Convicted in $300M Fraud, Jury Finds Former-Wilmington Trust Executives Guilty, and Jury Finds Two Hedge Fund Professionals and a Health Consultant Guilty in Insider Case"},"content":{"rendered":"<br \/>\n<h2><strong>$300M Stock Scam Allegations Lead to Guilty Verdict<\/strong><\/h2>\n<p>A Brooklyn jury has convicted ex-OmniView Capital Advisors LLC CEO Abraxas J. Discala of conspiracy, wire fraud, and securities fraud in a $300M market rigging scam\/ pump-and dump fraud.\u00a0 A second defendant, lawyer Kyleen Cane, was acquitted after initially being charged with conspiracy and securities fraud.<\/p>\n<p>According to prosecutors, the stock fraud occurred from 10\/2012 through 7\/2014. Trades in four publicly traded companies were reportedly involved.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/recent-criminal-securities-fraud-cases\/\"  title=\"Continue Reading Recent Criminal Securities Fraud Cases: Ex-OmniView Capital Advisers CEO is Convicted in $300M Fraud, Jury Finds Former-Wilmington Trust Executives Guilty, and Jury Finds Two Hedge Fund Professionals and a Health Consultant Guilty in Insider Case\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>$300M Stock Scam Allegations Lead to Guilty Verdict A Brooklyn jury has convicted ex-OmniView Capital Advisors LLC CEO Abraxas J. Discala of conspiracy, wire fraud, and securities fraud in a $300M market rigging scam\/ pump-and dump fraud.\u00a0 A second defendant, lawyer Kyleen Cane, was acquitted after initially being charged with conspiracy and securities fraud. According [&hellip;]<\/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":[3790,4094,3741,3963],"tags":[3068,2962],"class_list":["post-6263","post","type-post","status-publish","format-standard","hentry","category-crime","category-omniview","category-securities-fraud","category-securities-law-and-regulations","tag-omniview","tag-securities-fraud-cases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recent Criminal Securities Fraud Cases | SSEK Law Firm Blog<\/title>\n<meta name=\"description\" content=\"Learn about recent criminal securities fraud cases, involving OmniView Capital Advisers, Former-Wilmington Trust and other hedge fund professionals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/recent-criminal-securities-fraud-cases\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Recent Criminal Securities Fraud Cases | SSEK Law Firm Blog\" \/>\n<meta name=\"twitter:description\" content=\"Learn about recent criminal securities fraud cases, involving OmniView Capital Advisers, Former-Wilmington Trust and other hedge fund professionals.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; 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