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Following is a list of securities frauds (also called stock frauds or investment frauds): 2003 Mutual-fund scandal: A number of major brokerages and mutual fund firms were accused of various deceptive acts that disadvantaged customers. Among them were late trading and market timing. Various SEC rules were enacted to curtail this practice. [1]
The 162-page list of clients (without investment amount), filed in United States bankruptcy court in Manhattan, was made public on February 4, 2009. [3] [4] [5] Some of the clients profited. [6] Thousands of individual investors of Fairfield Greenwich, J. Ezra Merkin's Ascot Partners, and Chais Investments are not included. [7]
For example, he used LinkedIn discussions to promote fictitious "bank guarantees" and "medium-term notes". Also in January 2012, the SEC charged Texas-based financial services firm Life Partners Holdings and three of its senior executives for their involvement in a fraudulent disclosure and accounting scheme involving life settlements. [ 64 ]
A federal judge ordered an end to the U.S. Securities and Exchange Commission's 16-year-old lawsuit over Allen Stanford's $7.2 billion Ponzi scheme, directing the financier and two former ...
Lowe, the former MoviePass CEO, pleaded guilty to securities fraud conspiracy in September 2024. The rise and fall of MoviePass. In 2017, HMNY became the parent company of MoviePass. Farnsworth ...
The following is an alphabetical list of notable people known to have committed fraud. A Frank Abagnale Jr. , American impostor who wrote bad checks in 12 countries until arrested in 1969: falsely represented himself as a qualified member of professions such as airline pilot, doctor, attorney, and teacher; the film Catch Me If You Can is based ...
A former technology executive has pleaded guilty to a single count of fraud involving a scheme to artificially inflate the share price of photo and video distributor , federal officials said Friday.
The business collapsed as more people began to be unable to meet mortgage obligations. After a stock price high of $172 a share, it was bought by JP Morgan for $2 a share on 16 March 2008, with a $29bn loan facility guaranteed by the US Federal Reserve. Northern Rock: United Kingdom: 22 Feb 2008: Banking