Sentences with phrase «investors out of millions»

He wrote a post called «The Anatomy of a Pump and Dump Group,» which details how cryptocurrency pump and dumps have been used to swindle investors out of millions of dollars.

Former England cricket star used UK tax havens to scam investors out of millions, Global Witness reveals

Not exact matches

Oops: The $ 400 juicer which raised $ 118 million in funding from the likes of Kleiner Perkins and GV might not be so impressive, Bloomberg reports: Investors just found out they can make juice by squeezing the company's produce packs with their hands, no $ 400 machine (already a drop from the original $ 700 price tag) required.

NEW FUNDING: CoinList, a San Francisco - based token sale platform which spun out of AngelList, raised $ 9.2 million in funding from investors including Polychain Capital, Blockchain Capital, Accomplice, FBG Capital, Libertus Capital, Digital Currency Group, and CoinFund.

When Cara once again raised the spectre of going private — investors had been hearing that for years — he and his nine million shares came out fighting, alongside institutional investor Jarislowsky Fraser.

He raised $ 6 million from investors, including Silicon Valley's Band of Angels, and used the money to launch a recycling operation that now turns out about 500,000 pounds of different grades of plastics a month.

Last fall Quimby, who'd bought out Shavitz when he retired, struck a deal to sell 80 % of the company to AEA Investors, a private - equity firm, for more than $ 175 million.

By tapping female advisers, investors, and employees, the company hit half a million dollars in sales and ran out of its holiday inventory just six months after launch.

And after two years of bootstrapping, it's cash - flow positive, thanks in part to investors like John Stix, who started out as one of the company's first clients and has since become an investor (Plasticity raised $ 2.1 million in a financing round led by the venture arm of Stix's company in 2014).

Parekh adds that while Insight committed the entire $ 250 million — which represents nearly 10 % of the firm's latest fund — it expects to syndicate out part of the round to other interested investors.

Among the others who could be out big bucks are the funds of John Paulson, who made billions betting against the housing market, and activist investor Jeff Ubben, whose ValueAct fund had been selling shares of Valeant this year but still owned nearly 15 million shares of the company as of the middle of 2015.

Revolution believes BigCommerce could eventually have millions of subscribers, which is apparently why it elbowed at least one of the company's earlier investors out of the round.

This assertion had three components: (1) The commenter estimated the cost over 60 days to be $ 250 million based on the on - going cost from the final 2016 RIA of $ 1.5 billion per year, (2) that cost savings over a 10 - year period were not provided to allow comparison to the negative effects on investors that would occur over the ten year period, (3) that industry cost savings were not projected out over 10 years using returns on capital in a similar manner to investors» lost earnings.

In that time frame, investors pulled more than $ 689 million out of U.S. equities ETFs, according to IndexUniverse's «Weekly ETF Fund Flows» report.

SoftBank is behind all of the $ 300 million investment — this is not a traditional venture «round» — and none of the money is going to buy out existing investors, according to a person close to the deal.

The biggest struggle was getting our message out in such a crowded market where there are a lot of advisors chasing the million - dollar - plus investor.

The group includes private social - network Path, which raised $ 30 million at a valuation of $ 250 million last year; question - and - answer site Quora, which raised $ 50 million at a $ 400 million valuation last year; and microblogging service Twitter, which raised $ 400 million in new funding and another $ 400 million to buy out existing investors at an $ 8 billion valuation in 2011.

In 2016, investors rejected proposed compensation for Mathrani, calling out «several problematic features» in his employment agreement that led to an oversized 2015 pay package of $ 39.2 million compared to his peers.

Earn encountered some pushback from its investors at that sale price because that's a sharp decrease from its last round of private financing in 2015 — $ 310 million before the new cash, according to PitchBook — though later investors will as usual be paid out first.

Federal jurors in Philadelphia in January 2008 convicted Crim and two associates in a plot to have investors use phony trusts to cheat the IRS out of roughly $ 10 million in tax revenue.

For the fourth quarter, revenue gains of 18 % to 27 % would work out to between $ 330 million and $ 355 million in the quarter, and earnings of $ 1.55 to $ 1.80 per share would also be above the high end of what most investors following the laser company currently expect.

Once the ICO is finished, the startup will distribute 85 out of the 100 million tokens to the investors.

There have been times when investors have pulled millions out of the largest U.S. Gold Exchange Traded Fund (ETF).

Federated Investors, Inc. is a United States investment management company, which started in 1955 and has since reached out to millions of clients, investors and customers all around tInvestors, Inc. is a United States investment management company, which started in 1955 and has since reached out to millions of clients, investors and customers all around tinvestors and customers all around the world.

The Philippines saw $ 640.84 million of foreign investment in May 2013 flow out of the country as speculative investors yanked capital from the emerging...

Roadblocks put in place by the British Columbia government have caused uncertainty and hurt investor confidence, resulting in pipeline delays that have caused the Canadian economy to lose out on millions of dollars in revenue every day....

Treasury shares finished at $ 10.53, down slightly on Friday, after a big share price surge of 11 per cent on a buoyant set of results announced on August 18 as investors crunched their numbers on the $ 800 million inventory of luxury wines that will be steadily rolled out for sale over the next few years in the $ 20 a bottle and higher price point.

The Park District bought out about a two - thirds ownership share in the facility from a group of private investors Dec. 15 for $ 8.2 million.

Last week Manhattan federal prosecutors charged Peralta, a 36 - year - old Bronx restaurateur, with running a pyramid scheme that bilked investors out of $ 12 million.

A longtime Albany insurance broker has pleaded guilty to bilking investors of his cheese company out of more than $ 1 million, while his wife admitted to filing a false claim after their son's suicide last spring.

A group of Chinese investors is dropping its bid for Anthony Scaramucci's SkyBridge Capital — leaving the one - time White House communications chief out of about $ 100 million, according to a report.

The September document lines out a project budget of $ 270.3 million, most of which — $ 175 million — would be borrowed from foreign investors making use of the EB - 5 visa program.

NEW YORK >> A son - in - law of former New York Assembly Speaker Sheldon Silver was charged with defrauding investors out of $ 7 million in a Ponzi scheme, according to a federal complaint.

Kendra Scott Founded in 2002 Estimated Revenue: $ 225 million in 2016 Estimated Funding: Undisclosed (Minority investor is private equity firm Berkshire Partners) Austin - based jewellery designer Kendra Scott famously started her business with $ 500 out of a second bedroom.

It's since branched out to mobile, the most rapidly - growing sector of the dating market, and has raised more than $ 60 million from investors including ATA Ventures, Canaan Partners, Bessemer Venture Partners and Crosslink Capital.

Since she launched a public stock offering worth millions, she now has to weigh the paper's right to keep the public informed with the possibility of investor's pulling out and even a potential jail sentence for herself and Bradlee.

Who: Ben Stiller, Eddie Murphy, Matthew Broderick, Casey Affleck and Téa Leoni What: A group of employees at a luxury condominium enlist the aid of a career criminal to help them steal $ 20 million from the investor that emptied out their pension plans.

But while Edison, the New York City - based company whose educational program does include free computers, has lost hundreds of millions of dollars and fallen out of favor with investors, National Heritage last year turned a small profit managing more than two dozen...

Many of the companies didn't have assets on hand to weather the storm and went bankrupt, leaving investors out millions.

Find out why millions of investors are going to automatically find themselves owning Facebook stock.

While there's no shortage of noise out there, it can be worth looking at what the «long - term money» is doing: the pension funds, portfolio managers, consultants and others who are collectively responsible for the financial futures of thousands of clients and millions of workers, retirees, individual investors.

As an investor who suffered a 3.5 percent drop in my million dollar portfolio over the last week I decided to try out the lending club with a starting point of 5000.00 What you're saying is that we are limited to 10 % of our net worth, so theoretically I would be able to invest 100k How volatile is the Lending club?

Net assets shrunk from a high of $ 600 million in 1998 as investors pulled out.

He singled out Bear Stearns, in which he was one of the biggest investors, having committed $ 200 million of his fund's money.

There are 6,181 securities in Stock Investor Pro, out of its universe of 6,852, that have at least five million shares outstanding.

We know about an investing strategy that beats Buy - and - Hold in 102 out of 110 time - periods, an investing strategy that permits us to obtain far higher returns at dramatically less risk, an investing strategy that permits us all to retire years sooner and that would bring us out of this economic crisis if we could share it with millions of middle - class investors (if people could switch to an investment strategy that would put their retirement plans back on track, they would feel free to start spending again and businesses could start hiring again), and our first reaction is to come up with convoluted arguments as to why the best thing to do is to AVOID learning more about it and to AVOID getting the word out to the millions of middle - class people whose lives we have destroyed with our promotion of Buy - and - Hold.

Ever year investors pay out hundreds of billions of dollars (that's billions with a «b») in fees to money managers that, essentially, they really don't need to be paying.Things are so bad that companies like FeeX have raised over $ 12 million in financing to provide a service that gives people a window into the fees they're paying to their advisors.

It goes without saying that you shouldn't go out and buy a stock that's praised in a sketchy e-mail, but some people do, and scammers make millions of dollars off of unsuspecting investors.

With millions of dollars on the line and investors demanding a good return on their investment, it's not surprising most AAA studios churn out the same male - led military shooters year after year.

[40] In 2009, a deal that Gagosian Gallery had struck to buy $ 3 million in gold bricks for Burden's work One Ton, One Kilo [41] was frozen when it turned out that the bricks had been acquired from a Houston - based company owned by financier Allen Stanford, who was later charged by the U.S. Securities and Exchange Commission [42] and sentenced to 110 years [43] in prison for cheating investors out of more than $ 7 billion over 20 years in one of the largest Ponzi schemes in American history.