Tag: Securities fraud
New York sues Citibank for alleged failure to reimburse fraud victims
A Citibank branch in the central business district of Singapore on Feb. 12, 2018.Ore Huiying | Bloomberg | Getty ImagesNew York Attorney General Letit [...]
Guilty plea in $100 million New Jersey deli stock fraud case
Your Hometown Deli in Paulsboro, N.J.Google EarthA North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manip [...]
Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market
Updated Oct. 25, 2023 6:04 pm ETA London hedge-fund manager accused of manipulating the foreign-exchange market was convicted Wednesday of fraud in a [...]
UBS to pay $1.4 billion for fraud in mortgage-backed securities
General view of the UBS building in Manhattan on June 5, 2023 in New York City.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesSwiss ba [...]
Bitcoin hack money laundering case moves toward guilty pleas
The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex appear set to plead guilty in the case.Th [...]
Ex-Pfizer employee charged over trading on Paxlovid data
Federal authorities charged a former Pfizer employee and his close friend Thursday with illegally trading shares based on non-public trial results on [...]
Teen charged with hacking DraftKings, said ‘fraud is fun’
In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen.B [...]
Senate holds first hearing on bill
Aaron Smith, CEO of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the U.S. Capitol in Wa [...]
SAFE Banking Act reintroduced; cannabis industry hails bill
Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside th [...]
New Jersey deli defendant Peter Coker Jr. held without bail
Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023.Crime Suppr [...]
U.S. bank deposits are safe
Paul Morigi | Getty Images Entertainment | Getty ImagesWarren Buffett said Americans should not be concerned about their bank deposits in the wake of [...]
Frank founder charged with fraud over $175 million JPMorgan deal
Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up.Source: JP MorganThe Justice Department on Tuesday criminally charged [...]
Prosecutors want $100 million NJ deli SEC case postponed
Hometown Deli, Paulsboro, N.J.Mike Calia | CNBCFederal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil cas [...]
Kim Kardashian, Floyd Mayweather crypto scam lawsuit dismissed
Kim Kardashian attends the CFDA Fashion Awards in Manhattan, New York City, November 7, 2022.Andrew Kelly | ReutersA federal judge on Wednesday dismis [...]
Accused fraudster Justin Costello has history of posing as billionaire and threatening cops, police say
Zoom In IconArrows pointing outwardsJustin Costello yearbook photo"It's easy to be someone you're not, but hard to be yourself," Wisconsin teenager Ju [...]