Washington, D.C., Oct. 7, 2010 — The Securities and Exchange Commission today charged a talk radio show host and two other executives at a Monterey, Calif.-based firm with misappropriating $2.5 million of approximately $7 million they raised through the fraudulent sale of interests in two real estate investment funds. Additional Materials SEC Complaint Litigation Release […]
Saga continues (see our previous post: Remember Rapid Fitness, Inc.? Tri Star Holdings? or even Amore TV, Inc?) Washington, D.C., Oct. 7, 2010 — The Securities and Exchange Commission today charged more than a dozen penny stock promoters and their companies with securities fraud for their roles in various illicit kickback schemes to manipulate the volume […]
Well, to make the long story short: Presenting Macada Holding, Inc (OTC: MCDA) & its famous CEO, Mr. Mellone Jr., the master of the “stock price inflations” on bogus promises: ‘CHiPs’ star busted for alleged penny stock scheme The Securities and Exchange Commission has slapped former “CHiPs” star Larry Wilcox with fraud charges for his […]
The Securities and Exchange Commission announced today that a U.S. District Judge found two Miami companies and their three officers liable for violating the anti-fraud provisions of the federal securities laws stemming from a 13-year fraud in which they siphoned up to 85 percent of investors’ initial contributions for undisclosed commissions and other fees. A […]
Litigation Release: The Securities and Exchange Commission announced that on September 21, 2010, the Honorable Alvin K. Hellerstein of the United States District Court for the Southern District of New York entered a judgment of permanent injunction against Igor Poteroba, formerly an investment banker with UBS Securities LLC (“UBS”), who had been charged with insider […]
ENFORCEMENT PROCEEDINGS Oct 06, 2010 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via COMTEX) — On October 5, 2010, Securities and Exchange Commission charged Austin, Texas resident and former Dell Inc. employee Marleen Jantzen and her husband, John Jantzen, a licensed broker employed by an SEC-registered broker-dealer, with insider trading around the public announcement of Dell’s tender […]
On August 19, just nine days after the U.S. central bank surprised financial markets by deciding to buy more bonds to support a flagging economy, former Fed governor Larry Meyer sent a note to clients of his consulting firm with a breakdown of the policy-setting meeting. The minutes from that same gathering of the powerful […]
This elite group of tech moguls, hedge-funders, athletes and entertainers are hovering under billionaire status with a strong chance of breaking into the Forbes 400 ranks this decade. There’s making it big. Then there’s making the Forbes 400. From Bill Gates and Warren Buffett to Steve Jobs and Nike’s Phil Knight, our annual list of […]
