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Former NFL Player Found Guilty of $10 Million Fraud

A federal jury in Richmond, Virginia returned another guilty verdict against Merrill Robertson, Jr. in a second criminal trial. The former football player for...

SEC Obtains Final Judgments Against Broker and Two Principals Found Liable...

Judge Kimba M. Wood of the United States District Court for the Southern District of New York entered final judgments ordering more than $1.6...

SEC Charges Adviser for Ponzi Scheme, Fraud and Embezzlement

The Securities and Exchange Commission has filed charges against a New York investment adviser, Ruless Pierre, for operating a multimillion-dollar Ponzi scheme masquerading as...

SEC Bars Former LPL Broker for Running $5 Million Ponzi Scheme

The Securities and Exchange Commission has barred James T. Booth, 74, a former LPL Financial broker who operated a Ponzi scheme that defrauded roughly...

Ponzi Scheme Perp Sentenced to 14 Years in $345 Million Fraud...

One of the perpetrators of a Ponzi-like scheme that raised more than $345 million from more than 230 investors across the United States, Jay...

SEC Obtains Final Judgments Against Gold Mining Pyramid Scheme Orchestrator and...

The SEC has obtained final judgments against the orchestrator and four promoters of a pyramid and Ponzi scheme involving two purported gold mining companies. In...

SEC Charges California Contractor and CPA for Roles in $909 Million...

The Securities and Exchange Commission today has charged two California individuals for their roles in a multi-year alternative energy tax credit Ponzi scheme run...

The “Next Bernie Madoff” Sentenced to 22 Years for $345 Million...

At a hearing Thursday in U.S. District Court in Baltimore, Kevin B. Merrill, one of the perpetrators of a Ponzi-like scheme that raised more...

Former Woodbridge CEO Sentenced to 25 Years for $1.3 Billion Ponzi...

Former Woodbridge Group owner and chief executive officer Robert Shapiro was sentenced to 25 years in prison yesterday for his role in a $1.3...

Former Broker Pleads Guilty to Running Massive Ponzi Scheme

Former broker Perry Santillo pleaded guilty in a New York district court on Tuesday to conspiracy to commit mail fraud, mail fraud, and conspiracy...