Day: December 11, 2024

SEC-PR-2412-195

SEC-PR-2412-195 (Dec. 11, 2024) (SEC-PR-2412) SEC Charges Ken Peterman, Former Comtech CEO, with Insider Trading in Advance of Negative Earnings Announcement – Defendant placed order to sell company’s securities within hours of his termination for cause while subject to multiple trading blackouts Excerpt: Washington D.C., Dec. 11, 2024 — The Securities and Exchange Commission today announced […]

Lottery Scams – Article

Lottery Scams – Article ( Articles ) Lottery Scams (LS) Don’t Fall for the Illusion of Easy Wins The excitement of winning a lottery can be intoxicating, but unfortunately, it also attracts a multitude of scammers looking to exploit that thrill. LS are deceptive schemes that promise large cash prizes to unsuspecting victims, often leading to significant […]

CFTC-PR-9017-24

CFTC-PR-9017-24 (12-11-24) (CFTC-PR-2412) Los Angeles Federal Court Orders Five Individuals to Pay Over $5 Million for Digital Asset Fraud and Misappropriation Scheme Excerpt:  December 11, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced U.S. District Court, Central District of California, issued a consent order against Marco A. Ruiz Ochoa of Nashua, New Hampshire, and an […]

SEC-PR-2412-194

SEC-PR-2412-194 (Dec. 11, 2024) (SEC-PR-2412) SEC Charges Three Individuals with Impersonating Financial Professionals in Fraud Scheme Targeting Retail Investors Excerpt: Washington D.C., Dec. 11, 2024 — The Securities and Exchange Commission today charged Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze with fraud for impersonating legitimate securities brokers and investment advisers in an […]

CFTC-PR-9016-24

CFTC-PR-9016-24 (12-11-24) (CFTC-PR-2412) Federal Court Orders North Carolina Companies and Their Owners to Pay Over $5.3 Million for Forex Fraud Excerpt:  December 11, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of North Carolina issued an order for summary judgment and a permanent injunction against Storm Bryant and Elijah […]