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SEC charges "Veri" token promoter Reggie Middleton with fraud, freezes assets

WASHINGTON (MarketWatch) - The Securities and Exchange Commission filed fraud.....»»

Category: topSource: marketwatchAug 13th, 2019

SEC Files Emergency Action Against Organizer of ‘Fraudulent’ $15 Million ICO

The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO......»»

Category: forexSource: coindeskAug 13th, 2019

Reggie Middleton Reaches $9.5 Million SEC Settlement Over ICO Fraud

The U.S. Securities and Exchange Commission has reached a $9.5 million settlement with Reggie Middleton, organizer of the fraught Veritaseum initial coin offering......»»

Category: forexSource: coindeskNov 1st, 2019

SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud

The U.S. SEC has charged the CEO of an online adult entertainment marketplace with running a fraudulent initial coin offering scheme......»»

Category: forexSource: coindeskSep 23rd, 2019

Jacob Wohl (Finally) Charged With Felony By California Prosecutors

  The odyssey of finance miscreant Jacob Wohl has finally led to felony fraud charges for the 21-year-old and his Montgomery Assets partner, Matthew Johnson......»»

Category: blogSource: valuewalkSep 5th, 2019

SEC Settles Charges With Crypto Token Issuers Accused of Fraud

The SEC settled charges with two individuals accused of selling unregistered securities with the Bitqy and BitqyM token sales......»»

Category: forexSource: coindeskAug 29th, 2019

SEC freezes assets of alleged fraudsters targeting elderly

The Securities and Exchange Commission imposed an emergency assets freeze on Thursday related to charges that two individuals are running an alleged pump-and-dump s.....»»

Category: topSource: marketwatchJul 18th, 2019

Police Freeze Accounts, Seize Luxury Cars in Probe of ICO Promoter Vanbex

Canadian police have frozen assets of the founders of Vanbex, as part of a fraud probe into the firm's $22 million ICO......»»

Category: forexSource: coindeskApr 1st, 2019

Police Freeze Bank Accounts, Seize Luxury Cars in Probe of $22 Million ICO Promoter Vanbex

Canadian police have frozen assets of the founders of Vanbex, as part of a fraud probe into the firm's $22 million ICO......»»

Category: forexSource: coindeskApr 1st, 2019

Crypto and Cannabis Investment Promoter Hit With Cease-and-Desist

The Texas State Securities Board filed an emergency cease and desist against a cryptocurrency and weed investment platform on alleged fraud charges......»»

Category: forexSource: coindeskApr 6th, 2018

Fyre Festival founder arrested (again) on fraud charges

It's shaping up to be another summer of trouble for Fyre Festival promoter Billy McFarland. Last year, the New Jersey native and entrepreneur was placed under arrest back after he charged exorbitant ticket prices for what turned out to be a fake l.....»»

Category: topSource: bizjournalsJun 20th, 2018

Florida private equity manager indicted in New York for loan fraud

A Florida private equity manager has been indicted on charges he lied about his investors in order to obtain a $95 million bank loan for his $500 million fund, federal prosecutors in Manhattan said on Wednesday......»»

Category: topSource: foxnewsMay 12th, 2021

A crypto-trading platform being sued for fraud by New York stands accused of moving all of its clients" assets into dogecoin without telling them

An investor alleged that his $20,000 balance dropped to $7,000 when Coinseed transferred his assets without permission. Dogecoin was started as a joke in 2013. Yur.....»»

Category: topSource: businessinsiderMay 11th, 2021

Sacramento entrepreneur sentenced to prison for fraud

Sacramento app business entrepreneur Derek Bluford, 34, was sentenced to seven years in prison Thursday for wire fraud, money laundering and other charges stemming from an unrelated FBI investigation......»»

Category: topSource: bizjournalsApr 15th, 2021

The cofounders of bankrupt poop-testing startup uBiome have been charged with fraud

The cofounders face criminal and civil charges for giving a false impression to investors of how well the poop-testing company was doing. UBiome founders and former co-.....»»

Category: personnelSource: nytMar 18th, 2021

SEC charges uBiome co-founders with $60 million fraud

"The company's purported success depended on deceit," an SEC official said in a statement on its charges against San Francisco microbiome startup uBiome......»»

Category: topSource: bizjournalsMar 18th, 2021

Outcome Health, whose former executives await trial in $1 billion fraud case, merges with Ohio-based company

Former highflying Chicago tech startup Outcome Health, whose former executives are facing federal criminal charges for an alleged $1 billion fraud scheme, is merging with a Cincinnati-based company .....»»

Category: topSource: chicagotribuneMar 9th, 2021

Bitcoin falls 4% after Biden nominee Gary Gensler says SEC will seek to eliminate fraud and manipulation in crypto markets

Gensler said that the SEC would enforce investor protections in the crypto market, including ensuring that the custody of digital assets are safe. Alex Wong/Getty Images Bitcoin fell as much as 4% on Tuesday after SEC Chairman nominee Gary Gens.....»»

Category: worldSource: nytMar 2nd, 2021

: United Airlines to pay $49 million to resolve criminal fraud charges

Unite.....»»

Category: topSource: marketwatchFeb 26th, 2021

SEC Charges GPB Capital Holdings For Fraud

The US Securities and Exchange Commission charged investment adviser GPB Capital Holdings and three execut.....»»

Category: blogSource: valuewalkFeb 6th, 2021

Feds: Chicago-area businessman got $420,000 in COVID-19 relief for company with no employees

A Chicago-area businessman has been indicted on federal fraud charges for allegedly obtaining more than $420,000 in small busine.....»»

Category: topSource: chicagotribuneJan 8th, 2021