Posts Tagged “Ponzi Scheme”
by The Compliance Exchange on March 1, 2013
After spending four years under the microscope as he led investigations of some of the world’s biggest banks, Lanny A. Breuer hasn’t lost his swagger. The 54-year-old prosecutor, with a Rolodex as thick as his Queens dialect, will leave the (…)
by The Compliance Exchange on December 26, 2012
Peter Madoff will serve 10 y ears in prison for his role in his older brother’s multibillion-dollar Ponzi scheme, a U.S. judge said Thursday.
by James Welsh on December 14, 2012
Marc Perlman and iGlobal were charged by the CFTC with using Christianity and Scriptures as bait to lure deaf investors in a Ponzi scheme.
by James Welsh on November 21, 2012
Imagine the flattery of being invited to join an exclusive European trust that operates in total secrecy and performs humanitarian projects around the world. All you have to do is make a one-year loan to the organization and collect 38 (…)
by James Welsh on November 16, 2012
Anyone with a criminal bent who is considering starting a Ponzi Scheme would do well to read on before plunging in.
by admin on November 15, 2012
Two former accounting executives at Stanford Financial Group Co. should be convicted of helping Texas financier R. Allen Stanford conceal the theft of billions of dollars from investors at his offshore bank, U.S. prosecutors told a Houston jury.
by The Compliance Exchange on November 13, 2012
Seven employees of the Securities and Exchange Commission have been disciplined, but no one has been fired
by The Compliance Exchange on November 8, 2012
A top executive claims in court that his bank fired him for reporting suspicious activity in Scott Rothstein’s Ponzi scheme before it made headlines, because the bank wanted to keep Rothstein’s business.
by James Welsh on November 7, 2012
A stranger-than-fiction tale involving a $5.77 million ripoff, Las Vegas prostitutes, a mysterious one-eyed con man, and a lethally-named investment program.
by The Compliance Exchange on November 6, 2012
He was the very embodiment of the flash City trader – a self-made millionaire who rode the wave of the 1980s big bang to become a financial player famed for throwing lavish parties attended by celebrities and leading business figures. (…)