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The Use of Blockchain Technology in the Energy Industry to
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FCA to Young Traders: Invest Like You Date
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Fraudulent Scheme
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Retail FX
US SEC Dismantles $194 Million Global Pump and Dump Scheme
The scheme covered three continents.
The defendants are accused of participating in multi-year fraudulent penny stock schemes.
Monday, 18/04/2022 | 21:14 GMT
by
Felipe Erazo
CryptoCurrency
Scammers Steal $1.6m via New YouTube Crypto Giveaway
The scammers used footage of Elon Musk, Vitalik Buterin and others.
The exact number of victims and total amount of stolen funds remain unknown.
Monday, 11/04/2022 | 06:41 GMT
by
Solomon Oladipupo
Regulation
US Federal Court Orders Trader to Pay Manipulative Scheme Penalties
Final judgments and consent orders have been issued against James Vorley and Cedric Chanu.
A civil monetary penalty of $150,000 is imposed on each defendant.
Friday, 08/04/2022 | 01:22 GMT
by
Felipe Erazo
Retail FX
Latvian and Lithuanian Authorities Detain 108 People over Call Center Scam
The fraudsters were running fake financial investment schemes.
Europol and Eurojust also supported the operation.
Friday, 01/04/2022 | 10:52 GMT
by
Bilal Jafar
Institutional FX
AMF Warns French Retail Investors against Fraudulent Share Offers
Victims of fake investment proposals report an average loss of €55,000.
AMF reiterates caution against offers to buy FDJ shares.
Tuesday, 29/03/2022 | 07:40 GMT
by
Solomon Oladipupo
Institutional FX
US Court Fines Kentucky Men $5m for Commodity Futures Pool Fraud
Men defraud investors of $1.2 million in 2013.
Court orders permanent trading and registration ban.
Wednesday, 23/03/2022 | 15:13 GMT
by
Solomon Oladipupo
Retail FX
Chicago Trader to Pay $377,000 for Forex and Commodity Fraud Charges
Trader's company was part of the consent order issued by a court in Illinois.
The order permanently prohibits further violations of the CEA and CFTC
Wednesday, 23/03/2022 | 01:10 GMT
by
Felipe Erazo
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CryptoCurrency
IGObit Coin Project Representative Convicted of Crypto Scheme
Saint Clair defrauded over 60 victims through World Sports Alliance.
He claimed that World Sports Alliance was a close affiliate of the UN.
Friday, 18/03/2022 | 17:37 GMT
by
Felipe Erazo
Retail FX
SEC Announces Fraud Charges against 5 Individuals in $58 Million Scheme
The individuals were allegedly running a call center.
They misled investors through dodgy tactics.
Wednesday, 16/03/2022 | 07:56 GMT
by
Bilal Jafar
News
CFTC Files Charges against Four Operators of $44 Million Crypto Ponzi
People from Florida, India, North Carolina and New York are involved in the scheme.
The website used for the Bitcoin Ponzi was dubbed 'JetCoin'.
Tuesday, 08/03/2022 | 23:47 GMT
by
Felipe Erazo
Regulation
US Authorities Charge Siblings in $124 Million Crypto Fraud Case
The US Attorney for the Southern District of New York Office arrested John Barksdale.
The siblings are accused of running a $124 million crypto fraud scheme.
Tuesday, 08/03/2022 | 21:32 GMT
by
Felipe Erazo
Retail FX
CySEC Blacklists Four More Forex and Investment Websites
The Cypriot SEC has banned sites used for forex, CFD and crypto trading.
Investment regulation continues to be a hot topic for the small country.
Tuesday, 15/02/2022 | 07:30 GMT
by
Nicholas Otieno
Retail FX
CFTC Charges Two Florida Residents and Their Firm with $19 Million Futures and Forex Fraud
The CFTC alleged that the Florida-based company defrauded investors out of $19 million.
The culprits promised returns which never materialized.
Tuesday, 08/02/2022 | 07:42 GMT
by
Nicholas Otieno
Institutional FX
Nikola to Pay $125 Million to Settled SEC Fraud Charges
The electric truck manufacturer, Nikola agreed to pay millions to settle fraud charges.
The SEC accuses Nikola of defrauding investors.
Wednesday, 22/12/2021 | 07:11 GMT
by
Nicholas Otieno
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Regulation
US SEC Charges Individual for Running $10 Million Market Manipulation Fraud
James David O'Brien is accused of opening 18 securities accounts at 14 different brokerages for running a fraudulent scheme.
Friday, 19/11/2021 | 22:48 GMT
by
Felipe Erazo
News
Beitar Jerusalem Owner among the Suspects Arrested in Crypto Fraud Bust
Hogeg's brother is among the people arrested by the Israeli police during the raid deployed today.
Thursday, 18/11/2021 | 16:39 GMT
by
Felipe Erazo
Retail FX
Massive Protests from MBA Forex Firm Victims Arise in Nigerian City
Angered people are threatening to dump corpses of victims who have died from frustration over the alleged fraud.
Thursday, 14/10/2021 | 21:50 GMT
by
Felipe Erazo
Regulation
US CFTC Charges North Carolina Companies in a $1 Million Forex Fraud Case
The owners were charged individually as part of the civil enforcement action filed by the CFTC.
Friday, 08/10/2021 | 21:38 GMT
by
Felipe Erazo
Binary Options
US Court of Florida Orders Man to Pay $2.5M on a Binary Options Fraud Case
The individual's company was included in the permanent injunction issued by a judge of a US District Court.
Wednesday, 15/09/2021 | 20:06 GMT
by
Felipe Erazo
Retail FX
US CFTC Charges Three Individuals Involved in a Commodities Fraud Scheme
The United States Attorney for the Southern District of New York filed separate criminal charges against them.
Thursday, 01/07/2021 | 23:18 GMT
by
Felipe Erazo
Retail FX
UK FCA Calls Victims to Claim Compensation on £2.8M Investment Fraud Case
There are approximately 20 victims still unlocated by the UK financial watchdog.
Wednesday, 30/06/2021 | 17:19 GMT
by
Felipe Erazo
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Institutional FX
Second Former Deutsche Bank Trader Gets Sentenced to Prison for Fraud
Cedric Chanu was a commodities trader employed by the financial institution in Singapore and later in London.
Tuesday, 29/06/2021 | 22:43 GMT
by
Felipe Erazo
Regulation
SEC Accomplishments Report Shows 56 Crypto Cases
The commission has brought 56 cases related to ICOs, blockchain, and crypto-assets since July 2017.
Tuesday, 17/11/2020 | 11:31 GMT
by
Bilal Jafar
Regulation
SEC Announces Two Whistleblower Awards Worth $4.3 Million
The commission has awarded around $719 million to 112 individuals since 2012.
Friday, 06/11/2020 | 12:22 GMT
by
Bilal Jafar
Regulation
Philippines DOF Warns Against Crypto Scam Bitcoin Revolution
Bitcoin Revolution has been falsely using the name of the country’s Finance Secretary.
Monday, 22/06/2020 | 01:32 GMT
by
Celeste Skinner
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