by admin | Oct 1, 2020 | Securities Fraud
By Lydia Gerike of the Indianapolis Star A New Palestine man has been charged in the alleged theft of $1.2 million through investment fraud. Bruce Wayne Ford, 47, faces 11 counts of securities fraud, wire fraud and money laundering, according to a release from...
by admin | Sep 9, 2020 | Ponzi Scheme
By Anugrah Kumar of Christian Post U.S. authorities have charged three Maryland men, who presented themselves as pastors to defraud more than 1,000 church members and other investors in a $28 million Ponzi scheme. The three – identified as Dennis Mbongeni Jali, 35;...
by admin | Sep 5, 2020 | Latest News
Source https://www.sec.gov/news/press-release/2020-200 The Securities and Exchange Commission has announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 23 soliciting entities,...
by admin | Aug 21, 2020 | Ponzi Scheme
The Securities and Exchange Commission (SEC) recently filed a lawsuit against a Wyoming man, Dale Tenhulzen and his limited liability company “Live Wealthy Institute” alleging that Tenhulzen and Live Wealthy operated a real estate investment scam conning investors out...
by admin | Jun 8, 2020 | Latest News
By Scott L. Starr June 8, 2020 The new Securities and Exchange Commission (SEC) rule that requires broker-dealers who make recommendations to their customers to act in their clients’ “best interest” takes effect on June 30, 2020. This is a significant change in the...
