Sentences with phrase «securities fraud scheme»

A former income partner at Katten Muchin Rosenman faces a sentence of up to 20 years in prison when he is sentenced for his role in a securities fraud scheme by convicted former drug company CEO Martin Shkreli.

Edward and Linda Mangano are not charged in the alleged securities fraud scheme.

Not exact matches

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.

The already stretched «white - collar» task forces of the FBI focus on wide - ranging schemes like Internet, insurance, and Medicare fraud, abandoning traditional securities and accounting offenses to the SEC.

Shkreli was indicted for securities fraud and conspiracy in a series of dealings that federal prosecutors likened to a «Ponzi scheme.»

Another first for Bitcoin, but an ignominious one: The Securities and Exchange Commission has filed its first fraud lawsuit involving the virtual currency, claiming it was used in a Ponzi scheme.

Belfort, who went to prison after pleading guilty to a securities fraud and money laundering in 1999, told the Financial Times that he sees parallels between ICOs and the popular fundraising schemes of the 1980s called «blind pools.»

Allow me to direct you to Martin Shkreli, whom a Brooklyn jury convicted this month of security fraud related to a stock scheme involving a pharmaceutical company he co-founded, Retrophin.

Elizabeth Avery, a Washington, D.C., securities attorney and founder of Kalorama Capital, said Ponzi schemes are a common type of fraud, where investor funds are used to attract new investors and make payments.

Kang faces wire fraud and securities fraud charges as well as theft of honest services charges in the alleged pay - to - play schemes he carried out as the state Common Retirement Fund's Director of Fixed Income Portfolio Strategy, U.S. Southern District Attorney Preet Bharara said Wednesday after an indictment was unsealed.

That wasn't always the case though, as New York's blue sky law was initially weaker than that of many other states, until the New York Supreme Court determined in People v Federated Radio Corporation (1926) that the act's purpose was to «defeat all kinds of fraud in connection with the sale of securities and commodities and to defeat all unsubstantial and visionary schemes in relation thereto whereby the public is fraudulently exploited,» even if the fraud can't be proven to have «originated in any actual evil design or contrivance to perpetrate fraud or injury upon others.»

Unraveled (Unrated) White - collar crime documentary about Marc Dreier, a Manhattan attorney sentenced to 20 years in prison after being convicted of securities fraud for operating a Ponzi scheme which fleeced his victims of over $ 700 million.

Mutual Fund Practices, Senior Investment Fraud, Variable Annuities Join 2004 List WASHINGTON (January 14, 2004)-- State securities regulators today forecast that investors will be challenged with increasingly complex and confusing investment frauds and identified the Top 10 schemes investors are likely to see in 2004.

Her co-defendant, Abraxas J. «A.J.» Discala, was convicted of securities fraud, wire fraud and conspiracy in the alleged pump - and - dump scheme.

White collar crime is a generic term for crimes involving antitrust violations, computer / internet fraud, credit card fraud, phone / telemarketing fraud, bankruptcy fraud, health care fraud, environmental law violations, insurance fraud, mail fraud, government fraud, tax evasion, financial fraud, securities fraud, insider trading, bribery, kickbacks, counterfeiting, public corruption, money laundering, embezzlement, economic espionage, and trade secret theft, and other forms of dishonest business schemes.

White - collar crime generally includes securities fraud, wire fraud, mail fraud, mortgage fraud, health care fraud, bankruptcy fraud, insider trading, computer and Internet fraud, financial and accounting fraud, money laundering, tax evasion, conspiracy, telemarketing fraud, commodities and futures fraud, business opportunity schemes, tax fraud, identity theft, credit card fraud, FEMA fraud, perjury, obstruction of justice, criminal contempt, bribery, public corruption, and economic espionage and theft of trade secrets.

She has experience in handling investigations and prosecutions brought under a wide variety of federal criminal statutes, including banking fraud, health care fraud, bitcoin schemes, computer crimes, securities fraud, mail and wire fraud schemes, Ponzi schemes, insider trading, government contracting fraud, commercial bribery, Anti-Money-Laundering violations, and conspiracy offenses.

He has represented clients in matters related to Ponzi schemes, securities fraud lawsuits, employment practices violations, construction mishaps and defects, hurricane damage and environmental contamination.

Jurors found Sanders (pictured above) guilty of scheme to defraud, securities fraud and conspiracy, while clearing former Dewey executive director Stephen DiCarmine on the same charges.

There are 11 allegations logged against him, centring around a B.C. Supreme Court judge, who in 2007, accused him of orchestrating a sham security scheme to bail out his client, Fred Gilliland, who had been arrested on fraud charges and was facing extradition to the United States.

Today's legal news was dominated by Bernie Madoff's entry of a guilty plea to eleven charges — including securities fraud, wire fraud, mail fraud, money laundering and making a false filing to the SEC — all tied to his alleged $ 50 billion Ponzi scheme.

However, the defendants still face charges of conspiracy, scheme to defraud and violation of securities fraud.

The trio — former firmwide chairman Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders — were each charged with conspiracy, scheme to defraud, securities fraud under New York's Martin Act, 15 charges of grand larceny and over 30 charges of falsifying business records.

For our financial services clients, our Civil Fraud Recovery Group assists in civil recovery efforts and unraveling schemes such as mortgage frauds, securities frauds, and other forms of misrepresentation and deceit.

In a statement, the Chinese central bank said that ICOs are «essentially a non-approved illegal open financing behavior, suspected of illegal sale Tokens, illegal securities issuance and illegal fund - raising, financial fraud, pyramid schemes and other criminal activities.»

According to statements from the U.S. Department of Justice, the two were accused of «conspiring to commit, and the commission of, securities and wire fraud in connection with a scheme to induce victims to invest more than $ 25 million in investments through material misrepresentations and omissions.»

An informant details that China's Public Information Network Security Supervision task - force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering.

In essence, it is a kind of non-approved illegal open fund raising behavior, suspected of illegal sale tokens, illegal securities issuance and illegal fund - raising, financial fraud, pyramid schemes and other criminal activities.»