Securities fraud
New York drug dealer whose prison sentence Trump commuted arrested on assault charges
Republican presidential nominee and former U.S. President Donald Trump speaks from a bulletproof glass housing during a campaign rally, at the North Carolina Aviation Museum & Hall of Fame in Asheboro, North Carolina, U.S. August 21, 2024. Jonathan Drake | Reuters A convicted New York drug dealer and predatory lender who walked free from a […]
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Former FTX exec Ryan Salame seeks to void guilty plea, says feds reneged on deal to end probe of his partner
Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., exits federal court in New York, US, on Tuesday, May 28, 2024. Yuki Iwamura | Bloomberg | Getty Images Ryan Salame, a former top lieutenant at FTX under founder Sam Bankman-Fried, asked a judge to void the deal he reached with the government and his […]
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Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had duped him in a “pig butchering” scheme that appealed to his greed, federal prosecutors said. The massive embezzlement by […]
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Former New York Rep. George Santos pleads guilty to wire fraud, identity theft
Former New York Rep. George Santos pleaded guilty Monday in federal court in Long Island to committing wire fraud and aggravated identity theft. Santos, a Republican, had been set to begin trial next month on a 23-count superseding indictment accused him of wire fraud, identity theft, and making false statements to the Federal Election Commission. […]
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Short seller Andrew Left surrenders on securities fraud charges in L.A., due in court
Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said. Left, 54, is scheduled to appear before Magistrate Judge Rozella Oliver in U.S. District Court […]
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Short seller Andrew Left charged with fraud by prosecutors, SEC
Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC Federal prosecutors have criminally charged the well-known short seller and analyst Andrew Left with securities fraud related to allegedly using his public platform to illegally profit to the tune of at least $16 million from manipulating stock market activity contrary to positions he […]
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A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Key Points Rana Robillard, chief people officer at software startup Tekion, was tricked into sending her life savings to a criminal. What happened to Robillard, a 25-year veteran of tech companies, speaks to the increasingly sophisticated nature of cybercrime. Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to […]
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Rudy Giuliani bankruptcy situation dismissed, opening door to collectors pursuing collection
Rudy Giuliani speaks to associates of the media exactly where Florida Gov. Ron DeSantis was scheduled to host a marketing campaign celebration in Manchester, New Hampshire, on Jan. 21, 2024. Brandon Bell | Getty Images A New York federal individual bankruptcy decide on Friday in a scathing ruling dismissed the Chapter 11 bankruptcy defense situation […]
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Former Trump law firm Rudy Giuliani disbarred in New York immediately after legal indictments
Previous New York Mayor Rudy Giuliani departs the U.S. District Courthouse soon after he was ordered to pay out $148 million in his defamation scenario in Washington, U.S., December 15, 2023. Bonnie Funds | Reuters Rudy Giuliani’s New York regulation license was revoked on Tuesday amid allegations that he assisted former President Donald Trump’s failed […]
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How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun […]
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