Shepherd Smith Edwards & Kantas, LLP Home
We Fight for Investors Cheated by Wall Street
Contact Us Now 
Investor Lawyers Blog
Search Results: ponzi scam
Results 430-440 of about 443
Date: May 19, 2009
These allegations don’t come at a good time for the SEC, which has already been accused of failing to effectively regulate investment firms, failing to prevent Bernard Madoff’s $50 billion ponzi scam, and failing to stop the some of Wall ...
Date: April 28, 2009
Investors lost some $400 million in the scam. Now, Hennessee Group and principal Charles J Gradante will pay over $814,000 to settle charges that Hennessee failed to do the correct due diligence before recommending Bayou Group to investors. According to ...
Date: April 14, 2009
The move comes after the Securities and Exchange Commission accused Tang and the fund of running a multi-million dollar Ponzi scam . Tang calls himself the “Chinese Warren Buffet.” The federal judge in Dallas has appointed a receiver to take ...
Date: March 18, 2009
These new IRS rules are applicable to victims of any Ponzi scam but the tax filings must be filed for the year 2008. Theoretically, the investors would have been paying capital gains taxes if their investments had made profits.
Date: March 9, 2009
In Europe, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has censured UBS’s Luxembourg-based branch for failing to execute due diligence and, as a result, allegedly allowing for the massive losses investors have incurred from the Bernard Madoff’s $50 ...
Date: February 3, 2009
According to US authorities, Cosmo ran his alleged Ponzi scam from October 2003 to December 2008, taking money from over 1,500 individual investors. Cosmo reportedly told investors that he would place their funds into bridge loans for businesses at interests ...
Date: February 1, 2009
The order also says that Dannelly organized a Ponzi scam and neglected to tell investors that he had was sued for securities fraud . Two sales agents, Harley Garvin and William McGarry, are also accused of selling unregistered stock shares.
Date: January 26, 2009
Madoff is charged with securities fraud over his involvement in a $50 million Ponzi scheme . Federal prosecutors had claimed that the investment adviser violated the conditions of his bail when he removed nearly $1 million in valuables from his ...
Date: January 22, 2009
Investors who lost money in Bernard Madoff’s $50 billion Ponzi scam may have a better chance of recouping their losses through tax strategies rather than filing lawsuits. Under US tax law, Madoff clients are allowed to take income deductions for ...
Date: January 11, 2009
The ARS debacle is much bigger than Bernie Madoff’s $50 billion Ponzi scam , which has been dominating the headlines.
