Securities fraud
Hindenburg Research targets $4.6 billion Kazakh brokerage for allegedly aiding Russian oligarchs evade sanctions
Timur Turlov, CEO of Freedom Finance brokerage speaks to Reuters during the interview in the office in Moscow, Russia October 10, 2019. Maxim Shemetov | Reuters Hindenburg Analysis, the prominent shorter vendor which is guess from Jack Dorsey’s Block, Carl Icahn and electrical automobile startup Nikola, is now using on a $4.6 billion on line […]
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Ex-FBI counterintelligence official pleads guilty to conspiracy demand for serving to Russian oligarch
Former FBI agent Charles McGonigal arrives for a adjust of plea listening to at Manhattan Federal Courtroom on August 15, 2023 in New York Metropolis. McGonigal is predicted to adjust his plea to guilty just after originally pleading not responsible. He was arrested on January 21 for allegedly violating and conspiring to violate the Worldwide […]
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Bankman-Fried utilized customer cash for $100 million in U.S. political donations, prosecutors demand
Former FTX Main Govt Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency trade, arrives at the Manhattan federal courtroom in New York Town, U.S. March 30, 2023. Amanda Perobelli | Reuters Sam Bankman-Fried utilized stolen purchaser resources to make far more than $100 million in political campaign contributions forward of […]
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UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering of residential mortgage-backed securities dating back to the global financial […]
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‘Bulletproof’ internet hosting site that allegedly enabled 400 ransomware assaults seized, founder indicted
FBI Director Christopher Wray testifies before a Property Judiciary Committee listening to on “oversight of the Federal Bureau of Investigation” and alleged politicization of legislation enforcement, on Capitol Hill in Washington, U.S., July 12, 2023. Jonathan Ernst | Reuters The mastermind guiding a ransomware hosting company that allegedly assisted criminals obtain far more than 5,000 […]
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FTX founder Sam Bankman-Fried nevertheless faces campaign finance rates, prosecutors say
Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York Town, July 26, 2023. Amr Alfiky | Reuters Campaign finance costs against Sam Bankman-Fried are still on the desk and will be integrated in an indictment future 7 days towards the founder of failed crypto trade FTX, prosecutors explained in a […]
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Trump arraignment live updates: Ex-president arrives at courthouse to be fingerprinted, face election interference charges
Trump faces a staggering 78 criminal charges across three separate indictments Former President Donald Trump waves as he steps off his plane at Ronald Reagan Washington National Airport, Thursday, Aug. 3, 2023, in Arlington, Va., as he heads to Washington to face a judge on federal conspiracy charges alleging Trump conspired to subvert the 2020 […]
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SEC sues entrepreneur around $1 billion in unregistered crypto product sales and multi-million-greenback fraud
Critical Details Richard Schueler, also known as Richard Heart, defrauded traders out of millions by way of his Hex cryptoasset, the SEC alleged. Schueler employed proceeds from the $1 billion provide-and-sale to purchase high-finish watches, true estate, and jewels. Schueler faces three civil expenses in the Eastern District of New York. Supply
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Prosecutors question federal judge to jail Sam Bankman-Fried about witness tampering
FTX Founder Sam Bankman-Fried comes at Manhattan Federal Courtroom for a court overall look in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Company | Getty Photographs Federal prosecutors questioned a choose to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court docket submitting Friday, proclaiming that the billionaire had […]
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Prosecutors drop a different charge from FTX co-founder Sam Bankman-Fried
Key Points Federal prosecutors advised a Manhattan choose that they wouldn’t pursue a marketing campaign finance cost against FTX founder Sam Bankman-Fried following a procedural failing. It is really the next time Manhattan prosecutors have had to forgo charging the billionaire, who is accused of precipitating the collapse of his crypto exchange via a multi-billion […]
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