Category Archives: Scams

Chicago CPA Charged with Insider Trading

Chicago, IL: Federal Prosecutors have charged a certified public accountant and former director of corporate audits for Chicago based Allscripts Healthcare Solutions with insider trading. Steven M. Dobrowski has been charged with 16 counts of securities fraud in the indictment, … Continue reading

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Money Manager Charged With False Advertising

New York, NY: The Securities and Exchange Commission (SEC) has charged a New York based money manager and his firm of false advertising. The charges stem from claims made by the company on their Twitter, newsletters, and other communications about … Continue reading

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Executives Charged with Securities Fraud

Austin, Texas: The Federal Bureau of Investigation (FBI) announced today that ArthroCare Corporation has agreed to pay $30 million in a monetary penalty to resolve charges that senior executives in the company engaged in securities fraud. ArthoCare is a multi-business … Continue reading

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Senior Citizens Targeted for Investment Scams

Over 80% of the private wealth in the United States is held by those that are 55 and older. Senior citizens maintain the most wealth and are the most likely to be targeted for an investment scam.  Many seniors are … Continue reading

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Insider Trading in Miami

Miami, Florida: In a insider trading bust today, the Securities and Exchange Commission (SEC) charged a Miami based trader for trading in the stock of Chinese company and for conducting an illegal short sale in the securities of three other … Continue reading

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80% of People Targeted by Investment Scams

Yahoo news reported a shocking statistic.  Almost 80% of US adults have been targeted by an investment scam.  FINRA conducted the poll and found that 40% of the people surveyed were unable to recognize the classic red flags of an … Continue reading

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Son Reveals Father’s Ponzi Scheme

Now Investors to Be Paid Back Investors are unknowingly taken advantage of all the time.  While there are thousands of good companies raising capital for legitimate needs, there are also thousands of scammers willing to take your money and spend it … Continue reading

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SEC’s Top Violator List

“All types of organizations can be in violation and investors are the ones that typically pay.” As an investors, it is important to do your due diligence before investing into any deal.  Many investors think they are safe if they … Continue reading

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SEC Assess a Penalty Against Municipal Issuer

The SEC Assess a Penalty Against a Municipal Issuer for the First Time Municipal Issuer Hid the Fact that an Independent Consultant Reviewed Financial Projections and Raised Concerns Over Financial Viability. The Greater Wenatchee Regional Events Center Public Facilities District, … Continue reading

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Assets Frozen on $150 Mill Investment Scheme

SEC Freezes Assets on a $150 Million Dollar Real Estate Investment Scheme The SEC filed fraud charges against a group of companies in California that raised over $150 million in a real estate investment scheme.  According to the SEC, Yin … Continue reading

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