Hedge Fund News From HedgeCo.Net


Category Archives: HedgeCo Networks Press Releases

SEC Charges Lawyer and Her Husband in EB-5 Fraud

(HedgeCo.Net) The Securities and Exchange Commission has charged a California-based immigration attorney and her husband in a fraudulent scheme that generated millions of dollars of undisclosed compensation from foreign investors seeking permanent U.S. residency through the EB-5 Immigrant Investor Program. […]

SEC Charges Ebay’s Former Director of SEC Reporting with Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission has charged eBay Inc.’s former Director of SEC Reporting with insider trading ahead of Xoom Corporation’s acquisition by PayPal Holdings, which at the time was owned by eBay. The SEC’s complaint alleges that Bryan […]

SEC Charges Investment Adviser With Stealing From Friends, Community Members

(HedgeCo.Net) The Securities and Exchange Commission has announced charges against an investment adviser with a history of violating the securities laws for defrauding his close friends and community members. According to the SEC’s complaint, from at least 2014 through at […]

Boston-Area Defendant in SEC Insider Trading Case Convicted in Criminal Case

(HedgeCo.Net) The Securities and Exchange Commission has announced that Harold L. Altvater was convicted on three counts of securities fraud. The Commission previously charged Altvater and two other individuals with insider trading in civil actions filed on June 27, 2017. […]

Three Former BDO accountants Suspended For Alleged Improper Professional Conduct.

(HedgeCo.Net) The Securities and Exchange Commission has suspended three former BDO USA LLP accountants for their improper professional conduct during an audit of an exchange-listed insurance company. According to the SEC’s order, BDO fell behind schedule while conducting its 2013 […]

SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval

(HedgeCo.Net) The Securities and Exchange Commission today announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed was approved by the SEC. The order also halts ongoing pre-ICO sales by […]

SEC Monitoring Impact of Hurricane Michael on Capital Markets

HedgeCo.Net) The SEC is preparing to provide support for market participants as Hurricane Michael approaches the Gulf,” said SEC Chairman Jay Clayton. “While we assess the need to extend deadlines for filings and other regulatory requirements, work to help ensure […]

$25 Million Final Judgment Against Perpetrator of Offering Fraud That Targeted Retail Investors

(HedgeCo.Net) (HedgeCo.Net) A federal district court in Washington, DC has entered a final judgment against Lawrence P. Schmidt in a case the Securities and Exchange Commission brought against Schmidt and several entities he controlled for defrauding investors in connection with […]

SEC Obtains Final Judgment in Forex-Based Offering Fraud Case

(HedgeCo.Net) The Securities and Exchange Commission has announced that, it has obtained a final judgment in its civil action against Steve H. Karroum and his Virginia-based company, FX & Beyond Corporation. On February 16, 2017, the SEC filed a complaint […]

Court Enters Judgment Against Defendant in SEC Insider Trading Case

(HedgeCo.Net) The Federal district court in Connecticut has entered a final judgment against Katherine Hanratty, a resident of Watertown, Connecticut, to settle allegations that she was engaged in insider trading in the stock of a New Jersey-based payment processing company. […]

Atlanta-Based Individual and His Company Charged With Defrauding Investors In Scams

(HedgeCo.Net) Russell Craig and his company, OneStep Financial Services, LLC has been charged with violating the anti-fraud provisions of the federal securities laws by promising investors profits in return for depositing funds into escrow for the purchase or development of […]

Court Enters $64 Million Judgment Against Investment Professional

(HedgeCo.Net) A federal district court in Connecticut has ordered a Greenwich, Connecticut investment professional charged by the Securities and Exchange Commission with fraudulently diverting tens of millions of dollars from the venture capital funds he advised, to pay over $64 […]

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