Scandals

Apollo architect of Caesars deal quits bankrupt unit’s board -documents

Apollo architect of Caesars deal quits bankrupt unit’s board -documents (litigation release)

Initial Public Offering Securities Litig(laddering scandal)

U.S. Underwriters Face Losses on B.P. Offering

SEC short-selling focus snares Millennium over lapse in simple rule

Securities and Exchange Commission v. Guillaume Pollet

PwC investigation finds $7.4 billion accounting fraud at Steinhoff, company says

OVERVIEW OF FORENSIC INVESTIGATION Steinhoff International Holdings N.V.

Bank of America’s $292m charge said to be tied to Steinhoff turmoil

Securities and Exchange Commission v. Revelation Capital Management Ltd. et al, No. 1:2014cv00645 – Document 51 (S.D.N.Y. 2016)

US Banks Lose Over $1 Billion On Steinhoff Collapse

Insolvencies in UK building firms rise 20% after Carillion collapse

HK suspends UBS sponsor license, fines it and others $100 million for IPO failures

UBS could have curbed losses to $500 million

SEC Charges Former Chairman/CEO of Schnitzer Steel for Authorizing Cash Bribes to Foreign Officials

SEC SUES UBS WARBURG FOR RESEARCH ANALYST CONFLICTS OF INTEREST FIRM TO SETTLE WITH SEC, NASD, NYSE, NY ATTORNEY GENERAL, AND STATE REGULATORS

Trading error could cost UBS Warburg millions

CSFB SHARED PROFITS FROM HOT INITIAL PUBLIC OFFERINGS (“IPOS”)

Defendant engaged in acts and practices that created and/or maintained inappropriate influence by investment banking over research analysts,

South Florida Securities Lawyer Convicted by Jury of Conspiracy, Securities Fraud, Wire Fraud, and Money Laundering in Connection with Shell Factory Stock Swindle

A.R. Baron 

SEC Settles Fraud Charges with Bear Stearns for Late Trading and Market Timing Violations

Bear Stearns Suit by S.E.C. Said to Be Near

JPMorgan, NY, federal government in $13 billion settlement

Justice Department, Federal and State Partners Secure Record $13 Billion Global Settlement with JPMorgan for Misleading Investors About Securities Containing Toxic Mortgages

IRS to help financially distressed taxpayers

Special Report: How the U.S. cracked open secret vaults at UBS

Bank of America to Pay $16.65 Billion in Historic Justice Department Settlement for Financial Fraud Leading up to and During the Financial Crisis

Countrywide Fin. Corp. Derivative Litigation

SPENCER ROLAND BUENO vs CBOE GLOBAL MARKETS, INC

Countrywide’s Mozilo to pay $67.5 million settlement

Heidi Loeb Hegerich $TRTC lawsuit

War of Words Between Terra Tech, Investor Heidi Loeb Hegerich Heats Up

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UBS Won’t Keep Gains From Mizuho’s $342 Million Error

UBS Japan mistakenly places $31 billion bond trade

Bristol-Myers Squibb Company Agrees to Pay $150 Million to Settle Fraud Charges, 2004

RBC Analyst Faces Insider Case Year After Undergrad B-School

List of corporate collapses and scandals

Securities and Exchange Commission v. Friedman, Billings, Ramsey & Co., Inc. [“FBR”], Emanuel J. Friedman and Nicholas J. Nichols,

In the Matter of Spinner Asset Management, LLC & Spinner Global Technology Fund Ltd,

CumEx-Files

SEC vs UBS WARBURG LLC: Analyst Scandals

JB Oxford Holdings, Inc., National Clearing Corporation, James G. Lewis, Kraig L. Kibble, and James Y. Lin: Lit. Rel. No. 19641 / April 5, 2006

Securities and Exchange Commission v. Hilary L. Shane

The Biggest Stock Scams Of All Time

2003 mutual fund scandal – Wikipedia

DeCavalcante crime family – Wikipedia

Matrix Capital Group | Rex Securities Law BLOG

Ninth Circuit Cover-Up of Court Corruption – Judicial Corruption

Past Issues Archive Index | Fraud Magazine

The First MLA Physically Thrown from the Legislature | The Tyee

David Beckham’s former brother-in-law jailed after boiler room scam | Daily Mail Online

Fraud police smash ‘boiler room’ ring in raids in London and Spain | Daily Mail Online

2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock

Holding U.S. Treasurys? Beware: Uncle Sam Can’t Account For $21 Trillion

Regulator ‘stunned and terrified’ after causing PG&E stock surge | Reuters

Montreal Mafia lawyer going to prison for becoming one of the gangsters he defended | National Post

A Mafia Acquittal Is the Latest L for Quebec Law Enforcement – VICE

Montreal’s underworld: Mafia, Hells Angels, street gangs worked in concert | Regina Leader-Post

CalPERS Severs Ties With Pacific Corporate Group Over Pay-to-Play | Chief Investment Officer

2 charged in alleged CalPERS ‘pay-for-play’ – SFGate

Florida Board of Health suspends hundreds of health care licenses over student loan defaults | News | wtxl.com

DANGEROUS DEALS: A special report.; Penny Stock Fraud Is Billion-Dollar Game

Overland Storage may acquire Tandberg • The Register

Barry C. Honig, et al. (Release No. LR-24262; Sep. 7, 2018)

Former Wells Fargo Financial Advisor John Schmidt Charged with $1 Million Ponzi Scheme – Erez Law

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Hector May Pleads Guilty to Fraud · White Securities LawWhite Securities Law | Securities Fraud Attorneys and FINRA Arbitration Lawyers

OSC staff allege Caldwell Investment broke rules, misled investigators | Financial Post

Bo Dietl On Jordan Belfort – Business Insider

Mob Ties Seen on Wall St. – The Washington Post

SEC Testimony: Organized Crime on Wall Street (R. Walker)

NASD Regulation Bars John Fiero, Expels Fiero Brothers, Inc., and Imposes $1 Million Fine For Illegal Short Sales, Market Manipulation and Extortion | FINRA.org

Historic Second Circuit Decision Finds FINRA Can’t Collect Disciplinary Fines

SUIT: SEX HARASS HORROR 3 WOMEN SEEK 100M FROM L.I. BROKERAGE – NY Daily News

Embattled Securities Promoter Steps Down – tribunedigital-orlandosentinel

Jonathan Lebed’s Extracurricular Activities – The New York Times

HSBC to pay $30 million to settle bond rigging lawsuit in U.S. | Reuters

China used prisoners in lucrative internet gaming work | World news | The Guardian

Angus Energy chairman resigns over shares transfer – DRILL OR DROP?

Automated background checks are deciding who’s fit for a home – The Verge

US Bank pays $613 million over money laundering charges | Financial Post

Statement of Allegations: In the Matter of Caldwell Investment Management Ltd. – soa_20180612_caldwell.pdf

Jean-Claude Duvalier – Wikipedia

Former MUHC exec Yanaï Elbaz sentenced to 39 months in prison | Montreal Gazette

KPMG making a fortune off the backs of Canadians | West Prince Graphic | peicanada.com

Sticker Shock: $23.7 Trillion Bailout? – ABC News

Will TARP cost taxpayers $23.7 trillion?

Barofsky on Bailouts – Econlib

Article: BoA Dumps $75 Trillion In Derivatives On Taxpayers, Super Committee Looks Away. Seize BoA Now. | OpEdNews

TARP Top Cop Neil Barofsky on Drug Lords and Mortgage Fraud – YouTube

Neil Barofsky on UBS Criminal Charges for LIBOR and HSBC Money Laundering Wrist Slap – YouTube

UK press shows little sympathy at death of South Africa’s “Dr Beetroot”

Deposition: Sackler embraced plan to conceal OxyContin’s strength – STAT

Canadian banker cops to $90M international fraud scheme that hit NYers

Entertainment Art Inc (EERT) – research report – now Biozoom Inc (BIZM) – Promotion Stock Secrets

Losses Seen at Client Firms Of Bankrupt Adler Coleman – The New York Times

Bear Stearns trader Howie Rubin ‘raped and beat women’ | Daily Mail Online

The Hatch Institute

10 Tragic Facts About the Downfall of Anne Boleyn – CrimeViral.com

Howard Rubin Complaint | Jurisdiction | Racketeer Influenced And Corrupt Organizations Act

Betting on Bear’s Bust – The Big Picture

Dodgers’ Guggenheim subject of SEC probe over Michael Milken ties

The Bear Stearns Conspiracy | The Nation

DATELINE NBC Sells Out, Covers up Counterfeiting | CMKX United Shareholders Board

City Money to the Mob? Manhattan D.A. Targets Giuliani’s Garbage Guy | Observer

CARTING AWAY NEW YORK CITY’S GARBAGE CARTEL – May 27, 1996

FEDS SMASH HUGE STOCK SCHEME – MOB LINK TO BIGGEST SCAM IN U.S. HISTORY

Organized Crime Wall Street, Sep 13 2000 | Video | C-SPAN.org

Naked shorting: The curious incident of the shares that didn’t exist | Euromoney

MARKET SCAMS: CLEARING HOUSE PRACTICES

07-1006_cert_rep.pdf

WHISTLER INVESTMENTS INC v. DEPOSITORY TRUST AND CLEARING CORPORATION | FindLaw

The Suitcase Murder Tearing the U.S. and Japan Apart

A Troubled Chinese Company Is Seeking a Lifeline From U.S. Investors – Barron’s

GE’s Investment in Kidder Finally Pays Off – TheStreet

Stealing from the Dead – Plante Moran Accounting Malpractice Post

Medytox files US lawsuit alleging BTX theft

Cases of money laundering linked to cryptocurrency in Japan up tenfold in 2018 | The Japan Times

These Are the Banks Caught Up in the Russia Money-Laundering Scandal – Bloomberg

Browder Says Europe May Be Looking at $1 Trillion in Dirty Money – Bloomberg

The Danske Bank Scandal Is the Tip of the Iceberg – Foreign Policy

Regime Cash Machine | Global Witness

Former Texas regulator is out as CEO at biblically oriented oil firm – News – Austin American-Statesman – Austin, TX

Glencore Fights Transparency On One Continent, Pays $22m On Another

Italy probes mystery death of Berlusconi sex trial witness

Congo’s former president awarded oil block in UNESCO heritage site | Reuters

The Financial Bailout in 2008 Was a Trillion-Dollar Mess – Rolling Stone

Gregory Lemelson, Lemelson Capital Management, LLC, and The Amvona Fund (Release No. LR-24267; Sep. 13, 2018)

Short & distort? The ugly war between CEOs and activist critics | Reuters

Funds scurrying to cut off future pay-to-play action – Pensions & Investments

Securities & Exchange Commission v. Nagaicevs: ORDER GRANTING MOTION FOR DEFAULT JUDGMENT by Judge Jon S. Tigar; granting re {{26}} Motion for Default Judgment.

Settlement Reached With Five Specialist Firms for Violating Federal Securities Laws and NYSE Regulations; Firms Will Pay More Than $240 Million in Penalties and Disgorgement

BATS Admits CEO Lied About HFT On CNBC

American Realty Capital Properties Just One Problem for Chairman Schorsch – TheStreet

High-profile Houston attorney John O’Quinn was one of two killed in wreck on Allen Parkway | ABC13 Houston Archive | abc13.com | abc13.com

Hedge funders’ suit claims money went to porn investment, swingers’ resort – New York Daily News

SEC.gov | SEC Charges Company Officers and Penny Stock Promoters in Kickback and Market Manipulation Schemes

Caring for Aging Parents, With an Eye on the Broker Handling Their Savings – The New York Times

Detroit SWAT team assaults African American mom who refused to medicate her daughter with antipsychotic drugs – NaturalNews.com

U.S. Suggests, Without Proof, Stock Adviser Knew of 9/11 – The New York Times

Janice Shell Ihub Civil Complaint #1 by Adam S. Tracy – issuu

Kent R.E. Whitney, David Lee Parrish, The Church for the Healthy Self a/k/a CHS Trust, and CHS Asset Management Inc. (Release No. LR-24426; Mar. 18, 2019)

The “Old Boys Network” of Virginia Doing it Again – with the collusion of Judges and Lawyers – Ensuring they DRAIN the Estate & Destroy a Family

The Opioid that Made a Fortune for Its Maker — and for Its Prescribers – The New York Times

Massive, corrupt B.C. cannabis, crypto, mining and energy shares scheme alleged by BCSC | Burnaby Now

CalPERS Cuts Ties With PCG – PE Hub

SEC Charges Against Phillip Frost Might Just Be the Tip of the Iceberg – Barron’s

2 charged in alleged CalPERS ‘pay-for-play’ – SFGate

B.C. man fined $4.5 million for defrauding investors | Advisor

Inside the Biggest-Ever Hedge-Fund Scandal | The New Yorker

Martoma convicted in insider trading case

Scammers Used SeekingAlpha for Bogus Stock Promotions, SEC Says – Bloomberg

Ernst & Young Reported to Police for Role in Danske Scandal – Bloomberg

GE to pay $1.5 billion U.S. fine over crisis-era subprime mortgages – Reuters

Swedbank Hit by Criminal Probe in Growing Laundering Crackdown – Bloomberg

60 doctors charged for illegally dispensing painkillers

The Dark Knight: Blood Oath Billionaire Banker – YouTube

Bernie Ecclestone – Wikipedia

Bank Leu – Wikipedia

Guinness share-trading fraud – Wikipedia

Ivan Boesky – Wikipedia

Panama scandals – Wikipedia

Kitimat Daily: HAS THE MOB TAKEN OVER BC? – PREDICTED IN 88 BY GEORGE PEDEN

Scams Scum and Boiler rooms Message Board – Msg: 17990515

XYBR – Xybernaut Message Board – Msg: 18356248

Turbodyne Files Multibillion-Dollar Antitrust Action Against Honeywell

Another blow for RCMP white collar crime effort | Yorkton This Week

IN VANCOUVER, IT’S ADVENTURE CAPITAL – The Washington Post

BBC NEWS | Programmes | Panorama | Archive | The Billion Dollar Don December 6 1999

Nasdaq gives questionable stock the boot » The Windmill news articles » goDutch

Former bank manager held for ransom by kidnappers? » The Windmill news articles » goDutch

$250K investment mystery: Accountant admits in recorded call he doesn’t know where money is | CBC News

Fiero Bros. expelled from NASD for naked short selling

The mystery of Southridge Enterprises and its ‘ghost’ executives who were supposedly murdered in Mexico | Business | Dallas News

The Scary Rise of Internet Stock Scams On the Net, no one can tell who’s a crook. Fleecing investors is easy, despite the efforts of the SEC and a new breed of online vigilantes. – October 26, 1998

Former Charity CEO Pleads Guilty To Multi-Million-Dollar Political Corruption Scheme | OPA | Department of Justice

Former Bank President Sentenced to Prison and Ordered to Pay $137 Million | Federal Deposit Insurance Corporation Office of Inspector General

Scanned Document – Milrud, Aleksandr Complaint.pdf

SEC.gov | SEC Charges Canadian Man With Conducting Fraudulent Trading Scheme

Stock promoter pleads guilty in $30 million pump-and-dump case | Sharesleuth.com

Four Canadians charged in massive $140M international penny stock fraud scheme | National Post

FBI Arrests “Mailman” for Penny Stock Scalping Scheme | PubCoCEO™

Pump and dump – Wikipedia

8 Men Sentenced To Prison For $39 Million Penny Stock Fraud | Cleveland, OH Patch

Stock Promoter Sentenced To 21 Mos; Eight Others Charged – MarketWatch

Tucsonan convicted in $95 million penny-stock scheme | News About Tucson and Southern Arizona Businesses | tucson.com

Scammer Gets 18 Years for Penny-Stock Fraud Hatched From Prison – Bloomberg

Canadian involved in penny stock fraud scheme gets six-and-a-half years in U.S. prison – Reuters

B.C. penny stock promoter sentenced in New York – Economy, Law & Politics | Business in Vancouver

California man sentenced to over two years in prison for penny stock fraud – Reuters

Reverse Takeover: How Fraudulent Chinese Companies are Deceiving U.S. Investors

After China fraud boom, Nasdaq steps up scrutiny of shady listings – MarketWatch

Has Any Penny Stock Become a Big Company? – The New York Times

Who is the Canadian linked with a series of reverse-merger failures? – The Globe and Mail

LOOK OUT MSFT–HERE COMES (BB:CHPP) @ 2.00 | Stock Discussion Forums

Marquette Bank Minneapolis – Wikipedia

Salomon Smith Barney – Securities Fraud Case – Impact Law

Salomon to Pay Phony-Bid Fine Of $290 Million – The New York Times

Analyst scandal costs Wall St $1.4bn | Business | The Guardian

WALL STREET SETTLEMENT: THE OVERVIEW; 10 WALL ST. FIRMS REACH SETTLEMENT IN ANALYST INQUIRY – The New York Times

Spoofers Tricked High-Speed Traders by Hitting Keys Fast – Bloomberg

The Six Greatest Penny Stock Scams of All Time

Mark Nordlicht, Uri Landesman, Platinum employee emails to flee US – Business Insider

Massive Italian anti-mafia operation results in scores of arrests | News | DW | 14.11.2018

A crackdown in Amsterdam | Maclean’s | JANUARY 28, 1985

Washington Monthly | When Romney sought (and received) a bailout

When Mitt Romney Came to Town – YouTube

Raj Rajaratnam – Wikipedia

Big banks in $1.865 billion swaps price-fixing settlement – Reuters

Ardent Productions – an industry laughing stock | Media | The Guardian

Controversial drug CEO was accused of serious ‘harassment’

Martin Shkreli to speak at Harvard about healthcare | Daily Mail Online

Donald Trump trashes Martin Shkreli – Business Insider

‘Bro, I’m Going Rogue’: The Wall Street Informant Who Double-Crossed the FBI – Bloomberg

SUIT SEES MISUSE OF $224 ‐ MILLION IN MUTUAL FUNDS – The New York Times

A Last Vanishing Act for Robert Vesco, Fugitive – The New York Times

Robert Vesco – Wikipedia

Offshore leaks: Tax avoidance bigger than U.S. economy | Financial Post

Canada: sucker nation for tax cheats | Financial Post

Facebook admits it could owe $5bn if IRS proves they have been avoiding taxes | Daily Mail Online

Amazon UK pays $3.7 million tax on $6.5 billion sales – Reuters

Facebook leaks reveal unethical global lobbying strategies

10 Notorious Tax Cheats: Queen Of Mean Leona Helmsley Proved Little People Can Put You In Jail

Financial Secrecy Index

How Cheney’s firm routed $132m to Nigeria via Tottenham lawyer | The Independent

Second British man sentenced over Nigerian government bribes | World news | The Guardian

Unaoil: THE COMPANY THAT BRIBED THE WORLD

Court condemns Blair for halting Saudi arms inquiry | The Independent

Rabobank NA Sentenced for Conspiring to Impair, Impede, and Obstruct Its Primary Regulator | OPA | Department of Justice

Rabobank agrees to pay $368 million over processing illicit funds – Reuters

GlaxoSmithKline fined $490m by China for bribery – BBC News

Exclusive: Allegations of GSK corruption spread to Syria – Reuters

GlaxoSmithKline Agrees to Pay $3 Billion in Fraud Settlement – The New York Times

J.&J. to Pay $2.2 Billion in Risperdal Settlement – The New York Times

UK firm tried HIV drug on orphans | World news | The Guardian

Glaxo faces drug fraud lawsuit | Business | The Guardian

Global Analyst Research Settlements – Wikipedia

Chinese bank chairman pleads guilty to bribes – The Globe and Mail

Final Synthes ex-exec gets prison time for illegal human trials

Legal troubles for local billionaire

Scaife demands documents from Post-Gazette

The assassination of a Panama Papers journalist in Malta – Business Insider

Journalist Pelin Ünker sentenced to jail in Turkey over Paradise Papers investigation | News | The Guardian

Bárcenas affair – Wikipedia

Daphne Caruana Galizia: The fight for justice for murdered Maltese journalist Daphne Caruana Galizia | In English | EL PAÍS

Scaife children seek details on drained trust | Pittsburgh Post-Gazette

Howard Rich’s Dot-Com Deal – Center for Public Integrity

States sue to learn why Trump changed IRS donor-reporting rules | Accounting Today

WhatsApp Bans 100,000 Accounts Before Brazilian Election, Which Is Still a Real Mess

Dennis Levine – Wikipedia

Ivan Boesky – Wikipedia

Drexel Burnham Lambert – Wikipedia

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