PIMCO Agrees To Pay $20 Million For Misleading Bond Investors
The Securities and Exchange Commission (“SEC”) announced that PIMCO will pay [...]
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ONLINE DATING: FERTILE GROUND FOR INVESTMENT FRAUD?
The craze of online dating and mobile dating apps has swept the nation. According to recent polls [...]
Read MoreCalifornia Sues Morgan Stanley Over Unsuitable Mortgage Debt
On Friday, the state of California sued Morgan Stanley, accusing the bank of hiding the risks of complex mortgage debt…
Read MoreNon-Traded REITs – Great for Brokers, Not for Clients
FINRA, the Financial Industry Regulatory Authority, filed a complaint against VFG Securities, Inc., a small broker-dealer that allegedly generated almost…
Read MoreTexas Lawyer Sentenced to Jail for Aiding Stock Fraudster
An Austin,Texas attorney was sentenced to 17 years in Federal prison for harboring and concealing a client who was a…
Read MoreRay Lucia, Sr. And His “Buckets of Money” Strategy: A Bloodbath For His Clients
Ray Lucia, Sr. is a San Diego based “financial adviser” whom the Securities and Exchange Commission (“SEC”) barred from the…
Read MoreCitigroup Pays $180 Million to Settle Charges Tied to Two Smith Barney Hedge Funds
Citigroup, Inc. has agreed to pay $180 million to settle charges brought by the SEC which alleged the firm improperly…
Read MoreShustak Reynolds & Partners Investigating Potential Forex Fraud
Shustak Reynolds & Partners is investigating a large potential fraud perpetrated by Michael Atkins, April Samson and others through several…
Read MoreHow Do Ponzi Schemes Work?
The 1920’s were roaring and just on the cusp of the communication age. The United States Postal Service was at…
Read MoreSan Francisco Art Dealers Implicated in $3.4 Million Ponzi Scheme
The FBI recently announced a 12-count federal indictment against Anthony Barreiro and Ernest Ray Parker, a/k/a Ray Parker Gaylord, two…
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