SEC Charges Alternative Investment Fund Over $21 million Fraud Brent Borland told clients their money would be going towards a construction project in Belize
FCA Warns Against Trading With Royal Capital Pro The forex broker is likely providing unregulated services and deliberately misleading its users
CFTC Charges Owner of BullionDirect with $16m Precious Metals Fraud Customers were lulled into the false belief that precious metals had been purchased and were stored in the firm's ...
FCA Takes Action Against Illegal FX Investment Operation Cyprus based Noerus Investments Limited deceitful in enticing investors into FX scheme.
SEC Sues Two NY Brokers for Overbilling Clients Through In-and-Out Trading Berkey and Fischer are also accused of lying to customers.
CFTC Fines STA Opus Fraudsters $4.5 Million for Operating Investment Scam Gerard concealed about $1.3 million in commodity futures trading losses by issuing false account statements.
CFTC Charges Three Commodity Pool Operators with Fraud To cover up their fraud, the defendants allegedly provided fabricated account statements.
CFTC Fines Commodities Pool Chief $2.1 Million for Operating Illegal Scheme ROF Consulting brought at least $2.75 million into the pool through misrepresentations to clients.
SEC Charges Michael Scronic with Scamming 45 Investors Out of $20 Million Scronic made a series of materially false claims to lure investors interested in his investment vehicle.
Cyber Crime Incidences in Japan Highest Since Records Began 69,977 reports of cyber crime reported in Japan in the January-June period.
Two Société Générale Employees Indicted for LIBOR Manipulation The indictment displays the complexity of the operations involved.
UTrade Founder Aviv Talmor to Face Criminal Charges Talmor and other former UTrade executives will face multiple charges, subject to a hearing.
ASIC Bars Tasmanian Resident Convicted of Stealing AU$2.5 Million Patrick Simon Mitchell has been prohibited from operating in Australia after pleading guilty to 25 counts of stealing.
SEC Uncovers Cherry-Picking Scheme and Charges Investment Advisor for Fraud Breton placed trades through a brokerage account allocating profitable trades to himself and unprofitable ones to clients.
Trader Fined $2.5m for Spoofing and Engaging in Deceptive Spoofing Scheme The CFTC found that Oystacher entered into and canceled orders he never intended to fill.
SEC Charges Platinum Funds and Founder for Engaging in Fraudulent Scheme Mark Nordlicht inflated asset values and illicitly moved investor money to cover losses and liquidity problems.
Wall Street Executive Caspersen Gets Four-Year Jail Sentence for $38m Fraud Andrew Caspersen has received a prison sentence for his part in a Ponzi scheme to defraud investors.
Hedge Fund Manager Charged in $100m Fraudulent Scheme with Terminally Ill Lathen used the joint accounts to purchase investments and went on to redeem them early by invoking a survivor’s ...
Former Wall Street Executive Pleads Guilty to $38 Million Fraud Andrew Caspersen's addiction caused him to lose $123 million by compulsively speculating on put options in the S&P 500 ...
CFTC Charges Ex-CBOE Member With $7m Commodity Pool Fraud A former director of the Chicago Board Options Exchange charged with misappropriating more than $5.0m of pool’s funds.