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Fraud
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Crypto's New Policy Era: Why Market Structure Reform Matters
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Crypto's New Policy Era: Why Market Structure Reform Matters
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Regulation
SEC Pays $22m to Whistleblower in Second-Largest Amount Ever Awarded
2016-08-31T09:52:27.000+02:00
The award was paid to a whistleblower who helped the SEC halt a hidden fraud at the company where he worked.
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Products
FXStreet Warns About Fraudster Pretending to be Representing the Firm
2016-08-25T21:34:19.000+02:00
Account management solicitation messages from an individual presenting himself as Jordan Barca and Franco Lombardo are fake.
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Regulation
BCSC Issues $15m Penalty against Fraudulent Ponzi Scheme Operator
2016-08-24T10:55:58.000+02:00
The BCSC has banned and fined Thomas A Williams and the Global Group of Companies for misconduct.
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Execution
ACI Worldwide Partners with CSI to Enhance its Fraud Protection Platform
2016-08-22T16:24:22.000+02:00
ACI’s technology will help fintech firm CSI monitor card transactions and reduce fraud for its customers.
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Regulation
CFTC: IMM, Sommers Penalised $9.8m for Illegal Off-Exchange Transactions
2016-08-12T21:07:52.000+02:00
The fines were imposed on Martin Sommers and his company for engaging in illegal, off-exchange transactions in precious metals.
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Regulation
CFTC: Ralph Metters Ordered to Pay $500,000 Penalties for Forex Fraud
2016-08-12T18:02:15.000+02:00
Metters is also required to reimburse victims with a further $500,000 resulting from fraudulent gains.
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Regulation
SEC Charges Former Football Player For Running $10 Million Fraud
2016-08-11T09:21:00.000+02:00
The perpetrators used the funds raised from investors to pay for personal expenses and to repay earlier investors.
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Regulation
Unregulated Californian Investment Advisors Charged with $1.6m Fraud
2016-08-10T00:10:25.000+02:00
The US CFTC has charged two individuals and their company STA Opus with fraud and misappropriation.
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Regulation
QuantX & Jonathan Parker Fined $1m For Retail Forex Fraud Scheme
2016-08-03T22:02:53.000+02:00
The U.S. CFTC has determined that the perpetrator of the scheme solicited over $340,000.
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Prime Brokerage
Former UBS Trader Adoboli Warns Banking Culture Hasn’t Changed
2016-08-01T17:09:46.000+02:00
Released after 4 years of a 7 year sentence, the former UBS trader spoke to the BBC in a televised interview
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Brokers
Exclusive: LBinary Website Abruptly Shuts Down, Reasons Unknown
2016-07-20T18:17:35.000+02:00
Shortly after NRGBinary, the website of LBinary has also gone dark due to unknown reasons.
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Regulation
Canada's BCSC Finds B.C. Resident Committed Fraud on Investor
2016-07-07T10:40:36.000+02:00
Larry Keith Davis has been found by the BCSC to have engaged in frauduent investment activities.
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Regulation
Canada’s OSC Charges Michelle Dunk for Fraudulent Trading Activities
2016-07-01T14:16:24.000+02:00
Ontario resident Michelle Dunk has been charged for a series of violations of the law and is scheduled to appear in court.
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Regulation
ASIC: Former Finance Broker Pleads Guilty To Loan Fraud
2016-06-29T09:09:12.000+02:00
Jennifer Farias has been sentenced to a one-year intensive correction order after pleading guilty to 3 counts of loan fraud.
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Regulation
Hong Kong’s SFC Bans Former Wing Lung Bank Employee Over $25.8m Fraud
2016-06-27T13:29:18.000+02:00
Liu King Yee has been banned for life by the SFC after three Wing Lung Bank customers suffered losses of over $25.8 million.
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Regulation
Banco FX and CFD1000 Flagged by FCA as Unauthorized Brokers
2016-06-21T00:15:16.000+02:00
Banco FX and CFD1000 have been targeting clients both in the European Union and in some emerging markets.
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Regulation
Industrial Securities Faces Probe by CSRC after Clients Faked IPO Numbers
2016-06-13T15:18:45.000+02:00
The firm is being investigated by the Chinese regulator for a suspected failure to perform its statutory duties.
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Regulation
SEC Charges Trader For Defrauding Investors and Hiding $16 Million Losses
2016-06-03T10:00:23.000+02:00
The SEC is seeking a permanent injunction and the return of alleged ill-gotten gains for Park’s fraudulent trading activities.
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Chilean Authorities Freeze $1.8m of IM Forex Assets amid Investigation
2016-06-02T16:32:52.000+02:00
The company protested the decision in a press release and claims that the money was designated to repaying clients.
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Regulation
Four US Fraudsters Jailed Over Gold Scam Linked to Spain-Based Boiler Room
2016-05-25T15:22:54.000+02:00
City of London Police announce the four sentenced in Florida over gold scam.
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Regulation
FINRA Charges Lawson Financial Corp With Charitable Securities Fraud
2016-05-19T21:00:12.000+02:00
FINRA has unearthed a multi-million dollar case of securities fraud, issuing a complaint against Lawson Financial Corporation.
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Regulation
FSMA Issues Warning Against Boiler Rooms, Recovery Room Fraud
2016-05-04T13:08:19.000+02:00
Boiler room and recovery room scams continue to permeate the industry, leading the FSMA to warn against such activities.
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Regulation
Research Analyst Charged With Insider Trading On Major Buyout Deal
2016-04-14T09:27:08.000+02:00
SEC has charged research analyst with insider trading and raking in $1.5 million on the Apollo Global Management/ADT deal.
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Regulation
Japanese Investigators Suspect $105m Forex Investment Scam
2016-04-05T08:56:23.000+02:00
Masaaki Ito and his partner are alleged to have defrauded customers of over $100 million.
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Damian Chmiel
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Regulation
Allegedly Fraudulent Investment Banker Charged For Stealing $25 Million
2016-03-29T18:08:14.000+02:00
Caspersen is accused of scheming to defraud investors out of more than $95 million.
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