Securities fraud
No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
ETF Edge No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month Published Sat, May 18 202411:00 AM EDT Emily Glass WATCH LIVE Source
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Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud
Barbara Furlow-Smiles attends the 2020 Sisters’ Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California. Robin L. Marshall | Getty Images A former diversity manager at Facebook and Nike was sentenced to five years and three months in prison for stealing more than $5 million from those companies that had been […]
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DOJ costs brothers with $25 million Ethereum heist that took 12 seconds
Jonathan Raa | Nurphoto | Getty Photos The Office of Justice on Wednesday declared the indictment of two brothers for allegedly stealing $25 million in cryptocurrency within about 12 seconds. DOJ named it a “1st-of-its kind” fraud, detailing the seconds-lengthy scheme in which the brothers allegedly manipulated the Ethereum blockchain to redirect pending transactions and […]
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Sen. Menendez bribery trial starts with choose scolding legal professionals on ‘gamesmanship’
Sen. Robert Menendez arrives at the federal courthouse in Manhattan, New York City, Could 13, 2024. Fatih Aktas | Anadolu | Getty Visuals A decide on Monday admonished attorneys for taking part in lawful video games soon just after they convened for the start off of the federal bribery trial of Sen. Robert Menendez, D-N.J. […]
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Fat Brands, chair Andy Wiederhorn indicted in $47 million ‘sham’ loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los […]
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Trump Media investor convicted of insider investing in advance of merger
Bruce Garelick walks adhering to a listening to at the Manhattan Federal Court docket, in New York Metropolis, July 20, 2023. Amr Alfiky | Reuters A federal jury in New York on Thursday convicted an trader of insider investing in the stock of a shell business forward of its announcement in October 2021 that it […]
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Former MGM Grand casino president to be sentenced for failing to report bookie’s bets
Resorts Entire world Las Vegas President Scott Sibella speaks in the course of the opening of Resorts Entire world Las Vegas on June 24, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images The former president of the MGM Grand casino in Las Vegas is established to be sentenced Wednesday afternoon on a federal […]
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Leader of world’s ‘most prolific ransomware group’ billed in Lockbit situation — $10 million reward for his arrest
Zoom In IconArrows pointing outwards Dmitry Yuryevich Khoroshev, Russian nationwide and a leader of LockBit. Courtesy: U.S. Section of the Treasury Federal prosecutors on Tuesday announced criminal costs versus a Russian nationwide, Dmitry Yuryevich Khoroshev, for allegedly building, acquiring and administrating the LockBit ransomware-as-a-company team. The U.S. Point out Division at the exact same time […]
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Guo Wengui chief of workers Yvette Wang pleads responsible to $1 billion fraud conspiracy in New York
Fugitive Chinese billionaire Guo Wengui hold a information conference on November 20, 2018 in New York, on the dying of of tycoon Wang Jian in France on July 3, 2018. Don Emmert | AFP | Getty Pictures The chief of workers to controversial exiled Chinese businessman Guo Wengui pleaded guilty in New York on Friday […]
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DOJ charges ‘Bitcoin Jesus’ with $48 million tax fraud, seeks extradition
Nicolas Economou | Nurphoto | Getty Illustrations or photos The Justice Division announced legal tax fraud expenses against a prolific Bitcoin investor named Roger Ver Tuesday. Ver arrived to be regarded as “Bitcoin Jesus,” for acquiring in early on the digital currency and producing a fortune. Ver allegedly evaded at least $48 million in taxes, […]
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