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Securities fraud

FTX’s Caroline Ellison reports to prison to begin 2-year sentence

by Mirza Adeeb
FTX’s Caroline Ellison reports to prison to begin 2-year sentence

Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives at court in New York, US, on Tuesday, Sept. 24, 2024. Michael Nagle | Bloomberg | Getty Images Caroline …

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JPMorgan begins suing customers over ‘infinite money glitch’

by Tudur Aled
JPMorgan begins suing customers over ‘infinite money glitch’

The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from …

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Cryptocurrency theft tied to kidnapping, luxury cars, travel

by Isabel Allende
Cryptocurrency theft tied to kidnapping, luxury cars, travel

Jakub Porzycki | NurPhoto via Getty Images Two young men accused of committing one of the largest person-to-person crypto thefts in U.S. history went on a brazen spending spree that …

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Man charged in SEC bitcoin price spike hack

by Isabel Allende
Man charged in SEC bitcoin price spike hack

Avishek Das | Lightrocket | Getty Images FBI agents on Thursday morning arrested a 25-year-old Alabama man on charges related to the hack in January of the Securities and Exchange …

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Trump clemency recipient Philip Esformes arrested in Florida

by Isabel Allende
Trump clemency recipient Philip Esformes arrested in Florida

Philip Esformes booking photo by Miami-Dade County Corrections and Rehabilitation Source: Miami-Dade County Corrections and Rehabilitation Philip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme …

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Supreme Court rejects Martin Shkreli appeal on pharma fine

by Isabel Allende
Supreme Court rejects Martin Shkreli appeal on pharma fine

Former drug company executive Martin Shkreli and his lead attorney Benjamin Brafman arrive at U.S. District Court for the fourth day of jury deliberations in his securities fraud trial in …

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Trump Media insider trading: Shvartsman sentencing memos

by Joseph Addison
Trump Media insider trading: Shvartsman sentencing memos

Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, U.S. July 20, 2023.  Amr Alfiky | Reuters Prosecutors are asking a New York federal …

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Horst Jicha fugitive in USI Tech cryptocurrency fraud case

by Isabel Allende
Horst Jicha fugitive in USI Tech cryptocurrency fraud case

Horst Jicha discussing cryptocurrency. Source: Team Business Global | YouTube A German national who was under home detention in New York City on a $5 million bond guaranteed by his …

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TD Bank to pay $3 billion in fines, limit growth in settlement

by Isabel Allende
TD Bank to pay  billion in fines, limit growth in settlement

A TD bank stands in Brooklyn on June 04, 2024 in New York City.  Spencer Platt | Getty Images TD Bank is reportedly expected to pay a whopping $3 billion …

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Price gouging, fraud a top priority for Justice, FTC

by Isabel Allende
Price gouging, fraud a top priority for Justice, FTC

People buy items ahead of Hurricane Milton expected landfall in Bradenton, Florida on October 9, 2024. Miguel J. Rodriguez Carrillo | AFP | Getty Images As Hurricane Milton approached landfall …

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