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SEC Charges San Diego-Based Investment Adviser with Running $7 Million Ponzi...

The Securities and Exchange Commission charged Christopher D. Dougherty and several entities he controlled with operating a Ponzi scheme that defrauded his investment advisory...

SEC Charges Former Directors of Woodbridge Ponzi Scheme with Fraud

The Securities and Exchange Commission has charged two former directors of investments at Woodbridge Group of Companies LLC for their roles in its $1.2...

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...

SEC Charges Texas Radio Host in $19.6 Million Ponzi Scheme Targeting...

The Securities and Exchange Commission has charged William Neil "Doc" Gallagher, the self-styled "Money Doctor" featured on three Dallas-area radio stations, in an emergency...

SEC Bars Former Morgan Stanley Broker Jailed for Securities Fraud

The Securities and Exchange Commission has barred former Morgan Stanley broker Michael Scronic for his role in running a Ponzi-like scheme and raising money...

SEC Obtains $1.1 Million Judgment Against Former Broker

An Ohio federal court entered a consent judgment against John Gregory Schmidt, a former registered representative of Wells Fargo Advisors Financial Network and Stifel,...

SEC Bars Former Securities America Broker for Running $8 Million Ponzi...

The Securities and Exchange Commission has barred former Securities America broker Hector May for running a $7.9 million Ponzi scheme with his daughter who...

Cato Institute Sues SEC to End Gag Rule

The Cato Institute, a non-profit libertarian think tank and publisher, is suing the Securities and Exchange Commission to challenge what it believes is an...

Former Wells Fargo Rep Receives 128-Count Indictment for Investment Fraud

John Gregory Schmidt, a former Wells Fargo Advisors Financial Network registered representative, has been indicted on 128 counts for conducting a million-dollar Ponzi scheme...

SEC Charges 13 Unregistered Brokers for Selling Woodbridge Securities to Retail...

The Securities and Exchange Commission has charged an additional 13 individuals and 10 companies for unlawfully selling securities of Woodbridge Group of Companies LLC...