An OSC panel has permanently banned Empire Consulting and its founder.
wo former execs of SNC-Lavalin have been charged with fraud.
The SEC has charged a pair of hedge fund managers and their Connecticut-based advisory firm New Stream Capital.
Almost half (45%) of 18-34 year olds are taking risks with their credit card information, such as loaning their cards to someone or sharing payment information over email, phone or text.
Investors who are victims of the multi-billion dollar Madoff Ponzi scheme have suffered a major setback in federal appeals court, reports forbes.com. Apparently, none of the victims invested directly with Bernard L. Madoff Investment Securities LLC (BLMIS). Instead, they invested in two limited partnerships, Spectrum Select, L.P., and Spectrum Select II, L.P. This means, says […]
Having anti-fraud measures can decrease the amount and duration of employee fraud schemes. Here’s what your business owner clients should do.
The SEC has announced charges and an asset freeze against a man who was allegedly defrauding foreign investors.
On February 8, 2013, a Hearing Panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement between IIROC staff and Deutsche Bank Securities Ltd. It says the bank admitted in late July and early August 2007 that it failed to engage compliance with emerging issues in the asset-backed commercial paper market, contrary […]
Investors believed the blunders of the credit crisis were a thing of a past, reports Financial Times. But the recent slew of legal actions—including the case against S&P over alleged fraudulent ratings—has reminded markets there are still claims against major industry players that have be sorted out. Read more. Also read: S&P employees mocked company […]
The SEC has charged a husband and wife who raised millions of dollars selling investments for a purported charitable organization in Tallahassee, Fla., while defrauding senior citizens and significantly exaggerating the amount of contributions actually made to charity.