Sentences with phrase «by promising investors»

The SEC claimed that from August onwards, the defendants obtained a combined equivalent of USD$ 15 million worth of investor funds from thousands of investors globally through materially false and misleading statements, including by promising investors grandiose returns of 1,354 per cent in under 29 days.

Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $ 4.5 million, that he raised from September 2011 to September 2012 by promising investors «absurdly high» interest rates, U.S. Attorney Preet Bharara in Manhattan said.

Known online as «pirateat40,» Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency, and a promise that money could be withdrawn at any time.

The man allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest.

Known online as «pirateat40,» Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency.

Not exact matches

By allowing angels and VCs to invest small amounts of money in many companies at a very early stage, accelerators give investors the right, but not the obligation, to make additional investments in the most promising ventures.

The 69 - year - old railroad veteran stormed into Canadian Pacific in June 2012 after a proxy battle led by activist investor Bill Ackman and has made good on his promise to repair the underperforming company.

The good news for investors is the promise held out by a growing cadre of companies working to take on that infrastructure upgrade, turning unusable water into something we can drink and making water consumption more efficient.

He was frustrated by the fact that the venture capital model, as it exists today, favors companies that can promise investors a quick exit.

April 19 - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $ 1 billion.

April 18 - Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $ 1 billion, the chipmaker said on Wednesday.

Chief Executive John Flannery has promised to revamp GE into a leaner company by exiting several businesses and the company has already announced a series of job cuts to lower costs that have dented profits and disappointed investors.

April 18 - Chipmaker Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut costs by $ 1 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.

Stock markets have since risen as Chinese President Xi Jinping has eased investor fears of a trade war by promising to cut import restrictions.

He had only just learned something was awry when, as an investor in three of Concrete's buildings, he had received proxy forms asking him to sign over his stakes to a company called Strategic Group in return for unsecured debentures, a kind of IOU not backed by real collateral, promising to pay him 6 % a year.

In its ruling, the agency also suggested it's looking for a way to encourage the promise of blockchain - based financial innovation — described in papers like this highly - cited one by venture capitalist Balaji Srinivasan — while also protecting investors from scammers.

In October 2014, Rometty told investors it would not achieve its years - long promise to hit $ 20 earnings per share by 2015, and early this year revealed her roadmap: a plan to spend $ 4 billion to grow $ 40 billion in revenue in strategic areas like cloud computing, mobile, and big data, by 2018.

OTT content could be worth $ 62 billion by 2020, putting companies like Netflix at the top of the heap for investors looking for promising plays during the tail end of the bull market.

Founded as recently as March 2016 by former executives from Tesla, Apple and Google, Future Mobility (which will now operate its EV business under the name Byton) has already garnered a huge amount of interest from investors, securing $ 200m to achieve its promise of launching autonomous vehicles on the market by 2020.

On its website, the company says investors are protected by a «seven - layer guarantee mechanism» and promises that all investments will be repaid in full.

Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.

As an entrepreneur Khoshbin is always looking for opportunities, venturing off into other businesses as a seed - stage investor committed to identifying, financing and developing early - stage growth businesses led by promising entrepreneurs.

Before they were shut down, the ICO had raised nearly $ 15 million from thousands of investors since August by allegedly making false promises for a 13-fold profit in less than a month.

Even if the Trans Mountain proposal gets bogged down — by a antagonistic new provincial government, or by the 19 lawsuits it faces, or by the massive civil disobedience opponents promise — if Kinder Morgan can entice enough investors to hand over $ 1.75 billion in an initial public offering, the company will walk away with hundreds of millions even if the proposal dies and investors lose their shirt.

After making global headlines, a once - promising tokenization use case proposed by international investors seeking to purchase New York's Plaza Hotel has stalled.

Tempted by promises of «rags to riches» transformations and easy credit, most investors gave little thought to the systemic risk that arose from widespread abuse of margin financing and unreliable information about the securities in which they were investing.

Gates created the Giving Pledge in 2010 with billionaire investor Warren Buffett, and they have been joined by 168 others who promised to give the majority of their wealth to charity.

By Claire Milhench (Reuters)- Global investors» equity holdings rose to six - month highs in December on bets that U.S. President - elect Donald Trump's promised fiscal splurge would spur higher growth and inflation, a Reuters monthly poll showed on Thursday.

Fraudsters may entice investors by touting a Bitcoin investment «opportunity» as a way to get into this cutting - edge space, promising or guaranteeing high investment returns.

Passage of the JOBS (Jumpstart Our Business Startups) Act last year promises to support even faster growth by allowing crowdfunders to invest in exchange for equity and by expanding the pool of investors who can participate.

The main points here are that QE has encouraged the dramatic overvaluation of virtually every class of investments; that these elevated valuations don't represent «wealth» (which is embodied in the future stream of deliverable cash flows, not in the current price); that extreme valuations promise dismal future outcomes for investors over a 10 - 12 year horizon; and that until a clear improvement in market internals conveys a resumption of speculative risk - seeking by investors, the current combination of extreme valuations and increasing risk - aversion, coming off of an extended top formation after persistent «overvalued, overbought, overbullish» extremes, represents the singularly most negative return / risk classification we identify.

Ohio TechAngel Funds (OTAF) is a group of for - profit angel investor funds, managed by Rev1 Ventures, that invests in highly promising, Ohio - based companies in IT, advanced materials, and life sciences.

A November 29th Bloomberg story headlined «Trump's Tax Promises Undercut by CEO Plans to Reward Investors» elaborated, as follows:

New York, May 4th, 2017 — Over the past 10 years, Space Angels Network has been a source of tremendous insight and support within the entrepreneurial space sector, facilitating growth by both educating the investor community and channeling smart capital to the most promising space startups.

FOR IMMEDIATE RELEASE 2017 - 219 Washington D.C., Dec. 4, 2017 — The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast - moving Initial Coin Offering (ICO) fraud that raised up to $ 15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.

By partnering with Vistra Corp Trust, FundTier is able to promise security and transparency in funds movement to all its investors.

When TSLA and SCTY shareholders vote on the proposed merger on November 17, investors need to question whether this merger is just another promise by Musk to distract from larger issues facing both companies.

By loaning money to a company with lower credit quality, investors face a higher risk of not receiving all of the promised interest and principal payments.

In March, Thomson Reuters «Venture Capital Journal named the company the third - most - promising startup funded by U.S. investors.

Twice a year, C100 invites approximately 20 of the most promising early - stage Canadian startups as nominated by our Partners and Charter Members for 48 Hrs of workshops, mentorship, investor meetings, and networking in the Valley.

While the hedge fund made clear in its letter that it's thinking long - term with Nestle, setting targets on margins to reach by 2020, the first test could come sooner than that: Schneider has promised to reveal his strategy at an investor day in September.

Ed Balls is to launch a bid to bolster Labour's credibility with business by promising to keep a low rate of corporation tax and attract long - term investors to Britain, as he brushed off criticism from the policy chief Jon Cruddas that a «profound dead hand» within the party is blocking bold reforms.

What if they don't have much to do with movies at all, but are more like leveraged derivative instruments (I don't actually know what those are) or synthetic collateralized debt obligation (CDO) transactions, devised by accountants to provide maximum returns with minimum effort — that promise investors profits for next - to - nothing?

General Motors Co Chief Executive has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.

Ultimately, the equity investor will haul in a larger alpha catch by emulating the skilled fisherman: first, identifying a promising location (i.e., small cap stocks), then using multiple lines and hooks (i.e., implementing value, momentum, and quality strategies to exploit the chum of risk and mispricing in each), and lastly, dangling the lure of skilled active management to tease out the smallest trading costs possible.

Most bonds pay investors a fixed rate of interest income that is also backed by a promise from the issuer.

For investors to have a reasonable chance of better than average results, they must follow policies that are inherently sound and promising, yet different from the policies followed by most investors or speculators.

For a mutual fund company, Steadyhand takes an unconventional approach by offering low - cost funds, co-investing along with clients, hiring portfolio managers who make concentrated bets on their «best ideas», behaving like part - owners of businesses and promising to close its funds to new investors when the fund gets too large.

While bond investors can usually expect to get both the promised interest payments and their principal back at maturity, that isn't a sure thing with so - called junk bonds, which are issued by companies with shaky finances.

Just as bank executives continue to make the same mistakes time and again lured by the fad of the day and the promises of high hanging (and yet very risky) fruit — investors also continue to believe the promises that growth stocks make, overbidding them, and giving rise to the value premium.