11 articles tagged with "Fraud"
Con artists don't steal from you, they get you to hand it over willingly. Here's the step-by-step playbook they follow, from target selection to exit, with real case examples.
James Nathan Grimes and Dennis Watts were charged by the SEC for fraudulent pay telephone scams, resulting in $550,710 in penalties and permanent injunctions.
Kevin Lasky was charged in connection with MCA Financial Corporation's fraudulent scheme led by CEO Patrick D. Quinlan, Sr., resulting in $256.6M in restitution.
Jerome E. Rosen and nine others charged in SEC lawsuit for manipulating Systems of Excellence, Inc. stock, defrauding investors of nearly $15 million.
Walter Ng, Kelly Ng, and Bruce Horwitz settled SEC fraud charges for misusing Mortgage Fund '08 LLC assets, resulting in $5.2M in penalties and industry bans.
Susann Ashley Cargnino and three others defrauded investors of over $7 million in a Michigan medical device scam, resulting in $17M+ in penalties.
Alfred M. Lemcke sentenced to 27 months in prison and ordered to pay $843,470 in restitution for defrauding investment clients in Massachusetts.
Frederick Harris and co-defendants orchestrated a $75 million prime bank fraud scheme. The SEC obtained summary judgment, imposing permanent injunctions and penalties.
James G. Lewis, former officer of JB Oxford Holdings, settled SEC civil fraud charges for late trading and market timing schemes, resulting in $1M in penalties.
Kai H. Stinchcombe and True Link Financial Advisors settled SEC charges for $200,000 related to misuse of special needs pooled trust funds.
Lalaine Ledford was involved in a $345 million Ponzi-like scheme orchestrated by Kevin B. Merrill and others, resulting in significant penalties and restitution.