Rep was handed two-year jail sentenced after pleading guilty to fraud.
Business owners must take action year-round to ensure they are protected from data breaches and other forms of online fraud, advises BMO Financial Group Canadian to mark the Fraud Prevention Month. “The Internet offers some of the most valuable tools to run a small business, but whether it’s marketing day-to-day communications with vendors, communicating with […]
The OSC is warning Ontario investors not to invest with Profitable Sunrise, which claims to be located in the United Kingdom while representing that its banking facilities are in the Czech Republic. Profitable Sunrise is offering investors “investment plans,” but it is not registered in Ontario to engage in the business of trading in securities, […]
Adorean Boleancu, a former Wells Fargo broker, has submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority (FINRA).
Educate clients about insurance fraud schemes.
The majority of Canadians (81%) are worried about financial scammers.
The Alberta Securities Commission (ASC) is warning investors about a "high-yield investment" scheme offered through a promotional website for an offshore company called Profitable Sunrise.
Florian Homm, a German hedge fund manager on the run for more than five years, has been arrested in Italy on U.S. federal fraud charges, says the Federal Bureau of Investigation. The charges accuse him of orchestrating a scheme to artificially improve the performance of his funds. This fraud led to $200 million in losses […]
High-frequency trading in the U.S. is getting much heat from the FBI and SEC, who have teamed up against manipulative trading practices powered by ultra-sophisticated algorithmic strategies.
The FBI and the Securities and Exchange Commission have joined forces to deal with the threat of market manipulation posed by new computer trading methods.