Securities fraud
Frank founder criminally charged with fraud over $175 million JPMorgan deal
Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up. Source: JP Morgan The Justice Department on Tuesday charged Charlie Javice, founder of college financial planning platform Frank, with defrauding JPMorgan Chase of $175 million. Javice, 31, is charged with “falsely and dramatically” inflating the number of customers Frank actually had in a […]
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Trump to fly to New York to surrender on indictment in porn star payoff prison scenario
Former US President Donald Trump’s personal airplane acknowledged as Trump Power 1 is parked on the tarmac at the Palm Seaside Global Airport on March 31, 2023 in West Palm Beach front, Florida. – Giorgio Viera | AFP | Getty Pictures Previous President Donald Trump geared up to fly to New York’s LaGuardia Airport on […]
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Trump faces about 30 criminal counts for document fraud in New York indictment
U.S. President Donald Trump provides an update on the so-named Operation Warp Velocity system, the joint Defense Office and HHS initiative that has struck deals with numerous drugmakers in an hard work to assist velocity up the research for helpful treatments for the ongoing coronavirus illness (COVID-19) pandemic, in an tackle from the Rose Back […]
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NY grand jury indicts Trump in hush cash payment circumstance
Previous U.S. President Donald Trump speaks outside the house a polling station in the course of midterm election in Palm Seaside, Florida, November 8, 2022. Ricardo Arduengo | Reuters A New York grand jury voted Thursday to indict former President Donald Trump in link with a $130,000 hush revenue payment to porn star Stormy Daniels […]
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Sam Bankman-Fried pleads not responsible to most up-to-date spherical of federal fraud, bribery rates
Sam Bankman-Fried pleaded not responsible in New York federal courtroom Thursday to 5 added rates linked to the collapse of his former crypto exchange FTX and hedge fund Alameda Investigate. Bankman-Fried’s legal professional, Mark Cohen, mentioned he plans to file a motion that his customer not be experimented with on all the counts, arguing that […]
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EU regulators distance them selves from Credit score Suisse bond writedowns
Switzerland’s 2nd premier bank Credit score Suisse is observed here subsequent to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Visuals BRUSSELS — European regulators distanced them selves from the Swiss determination to wipe out $17 billion of Credit Suisse‘s bonds in the wake of the bank’s rescue, indicating they would write […]
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DOJ and SEC charge social media influencers in alleged $100 million stock pump and dump scheme
The seal of the U.S. Securities and Trade Commission (SEC) is viewed at their headquarters in Washington, D.C., May possibly 12, 2021. Andrew Kelly | Reuters Federal prosecutors and the Securities and Trade Commission billed seven social media influencers with applying Twitter and Discord to dedicate securities fraud that netted them a lot more than […]
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Senate Banking hearing set to take aim at FTX and cryptocurrency industry: ‘The major Ponzi plan in history’
The Senate Banking Committee on Wednesday is keeping a 2nd day of hearings this week on the downfall of cryptocurrency exchange FTX, inspecting how the company’s implosion could influence the nascent sector. On Tuesday, FTX’s new CEO John J. Ray testified in front of the Residence Economical Services Committee where by he accused previous executives, […]
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Two People in america and 5 Russians billed with managing a smuggling network to attain navy technology and ammunition for Russia
Signage is observed at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020. Andrew Kelly | Reuters WASHINGTON — Two American citizens and five Russian nationals were charged in an indictment unsealed Tuesday with functioning a sophisticated worldwide smuggling community that attained delicate U.S. armed forces know-how and ammunition on behalf […]
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Sam Bankman-Fried denied bail in Bahamas on FTX fraud expenses, choose cites flight danger
A justice of the peace decide in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight threat, and claimed he ought to be remanded to Bahamian custody until finally February 8, 2023, several hours right after a U.S. federal prison indictment from Bankman-Fried alleging a significant fraud at FTX was […]
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