Investment Fraud Tag

Tuesday, May 21, 2013 Three New Jersey men, who defrauded an investor of millions of dollars by claiming that they had access to Facebook stock before the company's initial public offering last year, now face charges. Prosecutors have charged the men in a federal court in New...

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Sunday, May 26, 2013 The Securities and Exchange Commission is acting against a Chicago area investment advisory firm run by a father and son team, alleging that the firm cheated investors of millions in profits. According to the Securities and Exchange Commission complaint, Charles J Dushek and...

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Friday, May 31, 2013 A 52-year-old man who posed as a pastor, running a spiritually based investment scheme now faces charges of investment fraud for his role in what prosecutors say was a successful real estate scam. Prosecutors alleged that the Houston man fronted as a pastor...

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Friday, July 26, 2013 An Ohio lawmaker faces the prospect of up to 102 years in prison if he's convicted of investment fraud charges. Ohio Representative Peter Beck was recently indicted on 16 felony charges in the fraud case. The fraud is related to a company called...

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Tuesday, September 10, 2013 According to the federal administration, the expansion of medical marijuana legislation across several states has spawned a number of marijuana-related stock scams. In many of the scams, investors are being lured into buying stock in marijuana companies. In most of the scams, the...

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Tuesday, September 17, 2013 According to the Federal Bureau of Investigation, a federal grand jury recently indicted two men from New Jersey and Florida on charges of conspiracy and wire fraud. The indictment was in relation to an elaborate Ponzi fraud scheme that the two men...

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Saturday, January 03, 2015 The number of financial fraud cases involving persons in their 60s is on the increase, and when persons are arrested for these offenses, they can expect aggressive prosecution. In Japan, where a retiring population is being aggressively targeted with investment schemes, the number...

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Thursday, July 17, 2014 Many prosecutors now believe that imposing stiff penalties on companies for noncompliance will turn shareholders against the company, and may help act as a crime deterrent to white-collar crimes. These types of penalties are different from the current strategies that are being employed...

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