Search ResultsShowing 1 - 10 of 100+ results for "Exchange Commission"
Wells Fargo coughs up $4.5 billion
ALLY SELBY  |  MONDAY, 24 FEB 2020
... world's fourth largest bank since 2016. The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) resolves all criminal and civil charges against the besieged bank. In settlement ...
Blockchain startup raises $68m, ordered to return funds
ALLY SELBY  |  FRIDAY, 21 FEB 2020
The Securities and Exchange Commission (SEC) has settled charges against a blockchain startup, after it raised $68 million through an unregistered "initial coin offering". Enigma MPC, based in San Francisco and Israel, raised approximately $68 million ...
Amish community scammed
ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... alleged fraudulent investment scheme has targeted the Amish community in the US, with the Securities and Exchange Commission now bringing charges. The SEC's complaint alleges Philip Riehl provided accounting services to Amish and Mennonite communities ...
Ponzi scheme rakes in almost $1.5bn
HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ...
Millions up in smoke in cannabis scam
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... the owner - a US film producer - spent the money on a yacht and several luxury cars. The US Securities and Exchange Commission has filed charges against Guy Griffithe and Robert Russell for an alleged scheme that defrauded investors who thought they ...
Fraudster dyed hair, grew beard to evade regulator
ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
... grew a beard in an attempt to go unrecognised as he launched a new bitcoin scheme. The US Securities and Exchange Commission charged Boaz Manor last week with raising over US $30 million from hundreds of investors in a fraudulent bitcoin offering. Manor ...
Goldman Sachs $1b corruption bill
ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
... engaging in the corruption scheme through which he obtained over $62 million in bribes. The Securities and Exchange Commission (SEC) alleged that bribes to Malaysian officials enabled Goldman Sachs to obtain lucrative business, including underwriting ...
BlackRock wakes up to climate change
ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... assets under management must disclose their US equity holdings in a quarterly 13F report to the Securities and Exchange Commission. Data collated by Whalewisdom on BlackRock's actively managed 13F securities revealed the fund manager has a stake ...
The Income Store closed for business
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
The US Securities and Exchange Commission froze the assets of Ken Courtright's company Todays Growth Consultant which also operated as The Income Store. The commission has filed an emergency enforcement action, obtained a temporary restraining order ...
Goldman Sachs realigns reporting structure
ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... previously been reported in a different division. According to the bank's 8-K filing with the US Securities and Exchange Commission, the newly minted consumer division netted only US$124 million in pre-tax earnings in the third quarter. That's compared ...
PREVIOUS
NEXT
Link to something uXL3HOve