Browsing Tag

Securities fraud

Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme…

Jessica Nov 18, 2023

Everyone seems to want a piece of Fred Sharp, the self-styled private banker from West Vancouver who built a huge network of offshore companies that facilitated, according to U.S. court findings, a billion-dollar series of pump-and-dump…

Technology

‘Crypto Couple’ appear set to plead guilty in bitcoin hack money laundering case

Daisy Jul 21, 2023

Booking photos for Heather Morgan and Ilya Lichtenstein.Courtesy: Alexandria Adult Detention Center.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…

Health

Ex-Pfizer employee charged with illegal trading based on unreleased Covid pill trial data

Rose Jun 29, 2023

Resurgence of COVID-19 symptoms in patients treated with the drug Paxlovid appeared far more common than has been reported, doctors found in a study detailed in the New England Journal of Medicine.Chris Sweda | Chicago Tribune | Tribune…

Technology

Teen charged with hacking DraftKings bragged ‘fraud is fun,’ feds say

Daisy May 18, 2023

In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen.Budrul Chukrut | Lightrocket | Getty ImagesFederal prosecutors on Thursday announced…

Technology

Senate holds first hearing on bill to help marijuana businesses access financing

Daisy May 11, 2023

Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., on Wednesday, Sept. 14, 2022.Ting Shen | Bloomberg |…

Business

Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline

Jessica Apr 27, 2023

Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022.Ting Shen | Bloomberg |…

Technology

NJ deli stock fraud defendant denied bail as judge calls him a serious flight risk

Daisy Apr 18, 2023

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 Suppression Division, Royal Thai Police | APCAMDEN, N.J. — The former fugitive at the center of…

Technology

Frank founder criminally charged with fraud over $175 million JPMorgan deal

Daisy Apr 4, 2023

Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up.Source: JP MorganThe Justice Department on Tuesday charged Charlie Javice, founder of college financial planning platform Frank, with defrauding JPMorgan Chase…

Business

Federal prosecutors ask judge to postpone SEC case in alleged New Jersey deli stock fraud

Jessica Dec 10, 2022

Hometown Deli, Paulsboro, N.J.Mike Calia | CNBCFederal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a…

Business

Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr.

Jessica Dec 8, 2022

A federal judge on Wednesday dismissed a proposed class action lawsuit by investors against the founders of the cryptocurrency EthereumMax, as well as celebrity endorsers including Kim Kardashian and boxer Floyd Mayweather Jr. over their…

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