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Search Results: ponzi scam
Results 140-150 of about 445
Date: January 11, 2018
Investment Adviser Accused of Scamming Pro Athletes and Church Members Admits to Securities Fraud Richard Wyatt Davis Jr., a North Carolina-based investment adviser,has pleaded guilty to tax evasion and securities fraud charges. Davis was indicted for securities fraud , wire ...
Date: December 21, 2017
According to the regulator, Woodbridge and Shapiro ran a $1.2B Ponzi Scam that bilked over 8,400 investors, many of whom where older investors. At least 2,600 investors collectively spent close to $400M that came from their IRAs. The civil fraud ...
Date: December 13, 2017
Securities Fraud: FINRA Bars Two Ex-Wells Fargo Brokers Over Unsuitable Securities Sales, Pennsylvania-Registered Representative is Accused of $2.35M Ponzi Scam, and Digital Display Ad Company Allegedly Stole Over $2M from Retail Investors
Date: November 30, 2017
The United Development Funding, a beleaguered Texas real estate investment trust accused of running a $1B Ponzi-like scam, is suing a hedge fund manager for the allegedly “false and disparaging” statements that led to the fraud allegations.
Date: November 28, 2017
DOJ Begins Distributing Payments to Bernie Madoff’s Victims Nearly nine years after Bernie Madoff was arrested for running a multi-billion dollar Ponzi scam , the US Department Justice has begun to pay out distributions owed to his victims. The money ...
Date: November 25, 2017
Regulator Orders Alleged Ponzi Scammers to Pay $15.7M Plus Interest In its final judgement against ex-pro football player William D.
Date: October 6, 2017
The US Securities and Exchange Commission has filed civil charges against Michael Scronic, a New York-based investment adviser accused of defrauding retail investors in a $19M Ponzi scam .
Date: September 27, 2017
Callahan, a former investment fund manager, has been ordered to serve 12 years in prison and three years of supervised release for his role in a $96M Ponzi scam . He also must pay $67.6M in restitution. Callahan pleaded guilty ...
Date: September 18, 2017
In US district court in Oregon, siblings Gary Holcomb and Michael Holcomb pleaded guilty to money laundering and felony conspiracy in a $40M Ponzi fraud that bilked approximately 40 investors. The brothers were formerly executives at financing company Berjac. The ...
Date: September 8, 2017
Picard announced that a settlement has been reached for $687M with Thema International Fund for its ties to the multibillion-dollar Madoff Ponzi Scam . Now, a court must approve the agreement.
