Sentences with phrase «investors in this scheme»

On Wednesday, SEBI eased rules for angel investments in young, fledgling firms and increased the upper limit for the number of angel investors in a scheme to 200 from 49, halved the minimum investment threshold to Rs 25 lakh and allowed investors to put money in firms that are up to five - years - old compared with three years currently.

He promised investors in this scheme that he could scale his postal operations and double their money.

Mavrodi Mondial Moneybox, a Ponzi scheme known simply as MMM, on Friday opened for business after one month of break, but investors in the scheme have remained stranded as they still can not access their funds.

Not exact matches

The partners are joint investors in the $ 100 billion Vision Fund, the world's largest private equity fund, which will provide the initial cash for the first phase of the scheme.

Also driving the trend is a collective cultural disgust with «obscene comp programs — the Monopoly money, the pay schemes that screw the little investor» — that have been proffered in recent years, says Charles A. (Chuck) Coonradt, author of The Game of Work and CEO of a consulting company by the same name in Park City, Utah.

Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Bank.

In the grand scheme of things, this discrepancy between large institutions and individual investors is nothing new to the stock market.

«Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments,» Bharara said in a statement.

«Beginning in November 2014 and continuing until his arrest in March 2016, CASPERSEN engaged in a Ponzi - like scheme to defraud investors, including his close friends, family members, and college classmates, by falsely claiming that their funds would be used to make secured loans to private equity firms and would thereby earn an annual rate of return of 15 to 20 percent.

Rather, CASPERSEN operated a Ponzi - like scheme in which he misappropriated investor funds from the Fake Fund Accounts and converted them to his own use and use by others, including by using investor funds to meet CASPERSEN's periodic interest payment commitments to earlier investors.

A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin - related Ponzi scheme.

«In order to carry out his scheme to defraud investors, CASPERSEN incorporated entities with names closely resembling those of legitimate private equity funds (the «Legitimate Funds»).

He applied via the Federal Immigrant Investor Program, a scheme granting permanent residency in return for a tax - free loan to the government.

Billionaire investor William Ackman in 2012 claimed the company was running a pyramid scheme, recruiting members with a promise of payment for enrolling others in distribution, rather than depending on the actual sale of its nutritional supplements and weight management products.

The agency, according to the alert is «concerned that the rising use of virtual currencies in the global marketplace may entice fraudsters to lure investors into Ponzi and other schemes in which these currencies are used to facilitate fraudulent, or simply fabricated, investments and transactions.»

The schemes detailed in the suit included having Retrophin «enter into sham consulting agreements» through which the company paid investors who were «defrauded» by Shkreli's hedge fund.

a scheme to defraud investors and potential investors in MSMB Healthcare by inducing them to invest in MSMB Healthcare through material misrepresentations and omissions about, inter alia, the prior performance of the fund, its assets under management and existing liabilities; and then by preventing redemptions by the investors through material misrepresentations and omissions about, inter alia, the performance of the fund and the misappropriation by SHKRELI and others of fund assets; and

As Vancouver Sun investigative reporter David Baines revealed in a series of articles, Eker has invited the likes of Milowe Brost, who is currently in prison awaiting trial over an alleged $ 400 - million Ponzi scheme in Alberta, convicted white - collar criminal Nick Thill, Michael Ruge, who was banned for life from dealing in securities by the BCSC, and Nick Lathigee, head of the failed Freedom Investment Club, to present at his «Millionaire School» events and received commissions for steering investors in their direction.

The Elliotts and Giesbrecht have not been implicated in any illegal dealing — in an interview, Robin Elliott insisted this was the only time they'd ever referred members to an investment and «obviously we're never going to do it again» — but their brand of get - rich - quick seminar has become a fertile recruitment site for investors in a growing number of shady investment schemes.

Though some of these investment schemes appear legitimate, a number have ended badly for investors, enough that the B.C. Securities Commission in May issued an investor alert about wealth enhancement seminars.

Back then, shells — that is, companies with ticker symbols but no operations — became synonymous with so - called pump - and - dump schemes in which stockbrokers artificially inflated share prices after a shell merged with a private company, without making financial statements on the acquisition available to investors.

INVESTORS are putting at risk millions of dollars by not carefully checking the viability of tax benefits of investment schemes before pouring in their hard earned money.

In July, the Securities and Exchange Commission warned investors about «improper» ICO schemes and issued rules on how startups can decide whether or not they are selling securities or utility tokens.

After all, in time investors will be able to directly capture the growing numbers of local Chinese listed stocks that are now being made accessible to foreign investors via the Stock Connect schemes.

Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $ 20 million from investors.

Crowdfunding is an excellent way to circumvent investors, banks, and other money - lending schemes that could end up with you in debt if you are not careful.

Other investor funds solicited by Simmons were used by the owner of the Hedge Fund in the Ponzi - like scheme to make payments to prior Hedge Fund investors, Berman said.

Various investment schemes perpetrated on investors in Canada and the US, the most infamous being the high profile fraud committed by Bernie Madoff, make us all ask the question, are my investments safe?

In 2011, federal and state securities regulators warned investors of the potential risks associated with self - directed IRAs, saying they had noted an increase in complaints about fraudulent investment schemes that used these types of IRAs as a «key feature.&raquIn 2011, federal and state securities regulators warned investors of the potential risks associated with self - directed IRAs, saying they had noted an increase in complaints about fraudulent investment schemes that used these types of IRAs as a «key feature.&raquin complaints about fraudulent investment schemes that used these types of IRAs as a «key feature.»

November 12, 2014 — «Many of the top threats facing investors involve new products in classic schemes,» said William Beatty, NASAA President and Washington Securities Director.

Ponzi schemes were named for Charles Ponzi, a man who raised millions of dollars from investors in a stamp scheme, but in fact was just paying early investors with money raised from later investors.

In my opinion he sniffs out opportunities to capitalize on bubbling Ponzi schemes better than any investor I've observed.

In light of the losses suffered by investors in the recently publicized Madoff Ponzi scheme, many investors are concerned about the safety of their own investment accountIn light of the losses suffered by investors in the recently publicized Madoff Ponzi scheme, many investors are concerned about the safety of their own investment accountin the recently publicized Madoff Ponzi scheme, many investors are concerned about the safety of their own investment accounts.

In mainland China, it is used only as supporting material to the offshore investment products offered by commercial banks under the Qualified Domestic Institutional Investors scheme pursuant to applicable rules and regulations.

In a typical Ponzi scheme, the «returns» of early investors are paid with money from later investors who are continually lured in by the purported success of the earlier investorIn a typical Ponzi scheme, the «returns» of early investors are paid with money from later investors who are continually lured in by the purported success of the earlier investorin by the purported success of the earlier investors.

Not in the manner of Ponzi schemes, but by the even more devilish leaky faucet in which a significant portion of the returns of the capital markets are diverted away from Main Street investors and into the arms of Wall Street and the insurance companies.

Other investor funds solicited by Simmons were used by the owner of the Hedge Fund in the Ponzi - like scheme to...

While the existing schemes focus on one - way flows, the Stock Connect relaxes restrictions on capital flows in both directions: northbound trading is open to all investors, and southbound trading to mainland institutional investors and individual investors with securities and cash balances of at least RMB 500,000.

For qualified investors in Switzerland, this material shall be exclusively made available to, and directed at, qualified investors as defined in the Swiss Collective Investment Schemes Act of 23 June 2006, as amended.

10b - 5 (b) by concealing material information and making false statements related to Parent's acquisition of Autonomy and that certain defendants violated SEC Rule 10b - 5 (a) and (c) by engaging in a «scheme» to defraud investors.

On May 3, 2013, the lead plaintiff filed a consolidated complaint alleging that, during that same period, all of the defendants violated Sections 10 (b) and 20 (a) of the Exchange Act and SEC Rule 10b - 5 (b) by concealing material information and making false statements related to Parent's acquisition of Autonomy and that certain defendants violated SEC Rule 10b - 5 (a) and (c) by engaging in a «scheme» to defraud investors.

We previously issued an Investor Alert about the use of Bitcoin in the context of a Ponzi scheme.

In July, Hong Kong launched a «Bond Connect» scheme linking China's bond market with overseas investors.

In the case of Mining Max, prosecutors say the company was actually running a pyramid scheme, pushing investors to recruit others to receive better returns.

Washington's top commodity regulator has issued a stern warning to investors about cryptocurrency pump - and - dump schemes, which have become more prevalent in the wake of the ICO boom that began last year.

«So dominant were mainland Chinese in the investor visa scheme last year that they outnumbered Russians, the next biggest recipients by country, by 250 per cent.

The schemes, allegedly executed over a five - year period, involved defrauding investors in two hedge funds founded by Shkreli.

International property investors are showing increasing interest in Portuguese property, thanks to its «Golden Visa» scheme.

Washington's top commodity regulator has issued a stern warning to investors about cryptocurrency pump - and - dump schemes, which have become more prevalent in the wake of the ICO...

Nearly 6 % of active investors end up in these schemes and lose an average of 30 % of their investments, according to the economists» examination of 421 pump - and - dumps between 2002 and 2015, based on trading records for more than 110,000 individual investors in Germany.