by admin | Jun 8, 2020 | Securities Fraud
By WBIW.com The COVID-19 pandemic has caused significant disruption and anxiety to individuals and the financial markets. Because fraudsters often try to capitalize on current issues and problems to promote their scams, Indiana Secretary of State Connie Lawson today...
by admin | May 7, 2020 | Securities Fraud
by: wbiw.com The Indiana Secretary of State’s Office announced that it has joined an international enforcement task force organized by the North American Securities Administrators Association (NASAA) to investigate fraudsters looking to capitalize during the novel...
by admin | Apr 9, 2020 | Ponzi Scheme
By Scott L. Starr Ponzi schemers rarely have the ability to carry out their nefarious conduct alone; instead, they need the assistance of brokers and banks to handle a variety of financial transactions. Under some circumstances, these banks and brokerage firms may...
by admin | Mar 16, 2020 | Securities Fraud
By: Scott L. Starr Yet another Certificate of Deposit (CD) scam has cropped up, this time in Florida, where Federal prosecutors have charged Dennis Sotnikov from Florida with a 30 million dollar scheme which caused investors to purchase fake CDs by the use of fake...
by admin | Jan 21, 2020 | Latest News
Five large brokerage firms have been fined $1.4 million by FINRA for failing to reasonably supervise custodial accounts. The sanctioned firms were Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; LPL Financial LLC; Morgan Stanley Smith Barney LLC; and,...
