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 | 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 | Mar 15, 2019 | Securities Fraud
Law 360’s Allison Noon recently published an article entitled “Facing Fiduciary Duty, Brokers Threaten to Exit Nevada”. According to Ms. Noon: “Top stock brokerages are accusing Nevada regulators of playing a dangerous game with fiduciary rules and are threatening to...
by admin | Feb 19, 2019 | Securities Fraud
By Susan Orr of the Indianapolis Business Journal A federal judge on Wednesday sentenced former powerhouse Merrill Lynch broker Thomas Buck to three years and four months in prison. Buck, who pleaded guilty to one count of securities fraud in October 2017, also agreed...
by admin | Feb 15, 2019 | Securities Fraud
By Yuka Hayashi of The Wall Street Journal The number of suspected cases of elder financial abuse reached a record last year, an increase that comes as new federal and state laws prompt banks to take a more active role in curbing frauds and scams that target older...
by admin | Dec 7, 2018 | Latest News, Securities Fraud
Written by Scott L. Starr December 3, 2018 The securities industry is designed so that the first line of defense against fraud is the requirement that a brokerage firm must police its own brokers. A principal rule in the securities industry is that brokerage firms are...
