Home Tags Ponzi Scheme

Tag: Ponzi Scheme

image_pdf

Investors File Lawsuit Against National Realty Investment Advisors for “Ponzi-Like Fraud”

A group of investors filed suit on Friday against New Jersey-based National Realty Investment Advisors LLC and four of its former executives who the...

Former Registered Rep Sentenced to 20 Years for $115.5 Million Ponzi...

Christopher A. Parris, 42, formerly of Rochester, New York, and currently of Lawrenceville, Georgia, was sentenced this week to 20 years in federal prison...

FINRA Fines LPL $150K for Failure to Supervise Representative Who Conducted...

LPL Financial, the nation’s largest independent broker-dealer, was fined $150,000 by the Financial Industry Regulatory Authority for failing to supervise a representative of the...

SEC Charges Creator and Promoters of Crypto Ponzi Scheme with $295...

The Securities and Exchange Commission charged Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor and Jonathan Tetreault for their roles in Trade Coin Club,...

SEC Charges Six Individuals with Defrauding Multiple Broker-Dealers

The Securities and Exchange Commission charged six individuals, including a federal inmate, for conducting a freeriding scheme that defrauded multiple broker-dealers. The SEC’s complaint alleges...

SEC Bars Former Broker for Oil and Gas Ponzi Scheme

The Securities and Exchange Commission has barred former broker, Rodney Pope, for his role in a Ponzi scheme while serving as chief executive officer...

SEC Bars Former Questar Rep Serving Time for 15-Year Ponzi Scheme

The Securities and Exchange Commission has barred a former Questar Capital registered representative currently serving 11 years in prison for his role in perpetrating...

Federal Court Orders $1 Billion Judgment Against Operators of Woodbridge Ponzi...

A federal court in Florida yesterday ordered Woodbridge Group of Companies LLC and its former owner to pay $1 billion in penalties and disgorgement...

UDF Files Brief to Oppose Kyle Bass and Hayman Capital Appeal

United Development Funding filed an appellate brief in the Texas Judicial Branch Fifth Court of Appeals in the matter of J. Kyle Bass, et....

SEC Charges Texas Businessman and Others in Oil and Gas Ponzi...

The Securities and Exchange Commission has charged Texas resident James VanBlaricum and six others with running an oil and gas Ponzi scheme. The SEC alleges...

SEC Charges Pennsylvania Insurance Agent with Running Ponzi Scheme

The Securities and Exchange Commission has charged a Bellefonte, Pennsylvania insurance agent with engaging in a Ponzi scheme that targeted retail investors who lacked...