Tag Archives: scam

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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Childrens’ Courses Pyramid Scheme Busted

SEC Busts Pyramid Scheme for Investing in Online Childrens Educational Courses   The SEC froze the assets of five entities that collectively went by “CKB” and “CKB168”.  A string of international organizations participated in this world wide Ponzi scheme that … Continue reading

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SEC Shuts Down EB5 Scam in Texas

The Securities and Exchange Commission (SEC) announced today that they were filing fraud charges against a Texas based couple for allegedly stealing funds from investors based in foreign countries, while promising these investors a path to citizenship in the United … Continue reading

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Father & Son Defrauded Terminally Ill

Lexington, SC: The Securities and Exchange Commission (SEC) today charged a father and son duo, in Lexington South Carolina, of running a fraudulent investment scheme designed to specifically target some of society’s most vulnerable citizens, the terminally ill. The two … Continue reading

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JPMorgan Chase Traders Charged By the SEC

  Two Former JPMorgan Chase Traders Charged By the SEC   Two traders from JPMorgan Chase & Company have been charged by the Securities and Exchange Commission (SEC) with fraudulently overhauling investments that were designed to hide massive losses in … Continue reading

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Three Men Arrested for Conspiracy

Three Men Arrested for Conspiracy – Investors Looking for Money Three men were arrested this May in Miami for conspiracy to commit wire fraud as a result of a recent investigation conducted by U.S. Immigration and Customs Enforcement’s (ICE) Homeland … Continue reading

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