SEC-LR-26171 (11-19-24) Frank Igwealor et al. (SEC) Litigation Release No. 26171 / November 19, 2024 SEC v. Frank Igwealor, Patience Ogbozor, Alpharidge Capital LLC, American Community Capital LP, GiveMePower, Inc., Kid Castle Educational Corporation, Los Angeles Community Capital, and Video River Networks, Inc., No. 2:24-cv-09941 (C.D Cal. filed Nov. 18, 2024) SEC Charges CEO with […]
Month: November 2024
AI-Enabled Reviews – Article – ( AI-Enabled Reviews ) AI-Enabled Reviews (AIER) Introduction AIER are reshaping how consumers evaluate products and services by utilizing artificial intelligence to analyze feedback and generate insights. However, the prevalence of fraudulent reviews poses a significant challenge. To help consumers navigate this landscape and avoid falling victim to fraud, here […]
FTC-PR-241118-2 (11-18-24) FTC Announces Virtual Workshop on Predatory Pricing – December event will present real-world evidence of predatory pricing strategies and examine developments in predatory pricing caselaw and economic scholarship The Federal Trade Commission will host a virtual public workshop on December 18, 2024, that will examine predatory pricing and its potential effects on consumers, […]
FTC-PR-241118-1 (11-18-24) Federal Court Orders Harris Jewelry to Restore its Website and Claims Portal for Servicemembers to Request Refunds – With limited time to request refunds, the agency strongly encourages eligible consumers to file a claim as soon as possible A federal court has ordered Harris Jewelry to reopen its claims process and renotify consumers, […]
SEC-PR-2024-180 (11-18-24) SEC Charges BIT Mining with FCPA Violations in Connection with Bribery Scheme to Influence Members of Japanese Parliament – Company, formerly known as 500.com, sought to open casino in Japan Excerpt: Washington D.C., Nov. 18, 2024 — The Securities and Exchange Commission today announced that BIT Mining Ltd., formerly known as 500.com Limited, […]
Debt Collection – Article ( Articles ) ( Debt Collection Practices ) Debt Collection (DC) Introduction DC is a critical aspect of the financial industry, involving the process by which creditors recover outstanding debts from individuals or businesses. While the goal is to collect overdue payments, the practices employed by debt collectors can significantly impact […]
SEC-LR-26170 (11-18-24) Auerbach et al. SEC Litigation Release No. 26170 / November 18, 2024 SEC Obtains Final Judgment Against Defendant for Receiving Kickbacks in Bribery Scheme Excerpt: The Securities and Exchange Commission announced that is has obtained final judgement against Lakenya Hopkins for her role in a promissory note selling scheme, falsely promising investors extraordinary […]
Cash Advance Providers – Article ( Articles ) ( Cash Advance Providers ) Cash Advance Providers (CAP) Introduction Cash advances can be a quick solution for individuals facing urgent financial needs. These services allow borrowers to access funds quickly, often without the lengthy application processes associated with traditional loans. This article explores what cash advances […]
Exchange Traded Funds – Article ( Articles ) ( Exchange Traded Funds ) Exchange Traded Funds (ETF) Introduction Exchange Traded Funds (ETFs) have become increasingly popular among investors for their flexibility, diversification, and cost-effectiveness. This article delves into what ETFs are, their advantages and disadvantages, types of ETFs, and how to invest in them. What are ETFs? Definition: ETFs are investment funds that […]
Debt Relief Programs – Article ( Articles ) (Debt Relief Programs) Debt Relief Programs (DRP) Introduction Debt Relief refers to the process by which an individual or organization reduces or eliminates their outstanding debt obligations. This can be achieved through various means, including negotiation with creditors, debt settlement, bankruptcy, or government programs. While many legitimate […]