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SEC Obtains Final Judgment Against California Adviser Who Defrauded Senior Citizens

The Securities and Exchange Commission obtained a final judgment against California-registered investment adviser representative Paul Horton Smith Sr., his companies Northstar Communications, LLC and...

SEC Charges Unlicensed Adviser with Orchestrating $3 Million Offering Fraud

The Securities and Exchange Commission has charged Alexander Rowland with the fraudulent offer and sale of nearly $3 million of securities to approximately 122...

SEC Charges Former Broker with $4 Million Offering Fraud

The Securities and Exchange Commission has charged former broker and New York City resident Craig A. Zabala for defrauding investors in his company, Concorde...

SEC Files Fraud Charges Against Co-Founder of IIG

The Securities and Exchange Commission has charged David Hu, the co-founder and chief investment officer of International Investment Group LLC (IIG), a former registered investment...

FINRA Fines Cadaret Grant $200,000 Over Rep’s Alleged Ponzi Scheme

Financial Industry Regulatory Authority has issued a $200,000 fine against Cadaret, Grant & Co. Inc., alleging that the broker-dealer failed to supervise one of...

Investment Fund Manager Indicted in Alleged $68 Million Securities Fraud

Investment fund manager Brenda Smith has been indicted by a federal grand jury on six counts of wire fraud and one count of securities...

Court Fines Ponzi Scheme Operators $1.8 Million

Neil Burkholz of Boca Raton and Frank Bianco of Pembroke Pines, Florida, who were charged by the SEC last year for conducting an alleged...

SEC Charges Former Merrill Lynch Registered Representative with Defrauding Investors

The Securities and Exchange Commission has charged Phillip Conley, a West Virginia-based former registered representative, with conducting fraudulent securities offerings in which he raised...

SEC Charges Three Former RIA Employees with Attempting to Thwart Ponzi...

The Securities and Exchange Commission has charged three individuals who, while working for investment adviser Stephen C. Peters, falsified and withheld documents that were...

Former Woodbridge Broker Indicted for Alleged $9 Million Fraud on Elderly

The Texas State Securities Board announced that Brett Pittsenbargar, an Austin-based insurance agent who allegedly sold $9.3 million in fraudulent investments, is facing first-degree...