SEC-PR-2024-89 (JUL. 26, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-89 Download: SEC-PR-2024-89 ⊗ (PDF) PRESS RELEASE | SEC-PR-2024-89 SEC Charges Andrew Left and Citron Capital for $20 Million Fraud Scheme. Boca Raton short seller used ‘bait-and-switch’ tactics to mislead investors Washington D.C., July 26, 2024 — The Securities and Exchange Commission today announced charges against activist short seller Andrew […]
Category: Investment Fraud
Investment Fraud involves deceptive practices aimed at convincing individuals to invest in schemes that promise high returns with little or no risk, but ultimately lead to financial loss. Fraudsters often use false or misleading information to lure investors, employing tactics such as Ponzi schemes, fake investment opportunities, or misrepresentation of financial products. Regulatory authorities, such as the Securities and Exchange Commission (SEC) in the United States, prosecute such fraud by investigating suspicious activities, enforcing securities laws, and bringing legal actions against perpetrators. They may impose fines, seek restitution for defrauded investors, and pursue criminal charges if warranted, aiming to hold fraudsters accountable and deter future violations. This regulatory oversight is crucial in protecting investors and maintaining market integrity.
SEC-PR-2024-88 (JUL. 25, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-88 Download: SEC-PR-2024-88 ⊗ (PDF) PRESS RELEASE | SEC-PR-2024-88 Securities and Exchange Commission Charges Virginia Engineer with Orchestrating $30 Million Offering Fraud Washington D.C., July 25, 2024 — The Securities and Exchange Commission today charged Babu Ramaraj, a resident of Aldie, Virginia, with defrauding more than 70 investors of approximately […]
File ID: DOJ-PR-240612.1 Date: June 12, 2024 Accessed: July 11, 2024 Headline: New York Fund Manager Admits Multimillion-Dollar Investment Fraud Scheme Source: https://www.justice.gov/usao-nj/pr/new-york-fund-manager-admits-multimillion-dollar-investment-fraud-scheme Categories: INVESTMENT ADVISORS INVESTMENT FUND FRAUD MAKING FALSE STATEMENTS MISLEADING INVESTORS DOJ-PR-240612.1 – Viewer: ▼▼▼ (Download PDF File ⊗)
SEC-PR-2024-72 (JUN. 12, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-72 Download: SEC-PR-2024-72 ⊗ (PDF) PRESS RELEASE | 2024-72 SEC Charges JAG Capital Advisors and its Founder Joshua Goltry with Defrauding Investors Washington D.C., June 12, 2024 — The Securities and Exchange Commission today charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC (JAG Advisors), in connection […]
CFTC-PR-8879-24 Federal Court Orders Unregistered Florida Commodity Pool Operator to Pay Over $64 Million in Monetary Sanctions for Fraudulent Scheme Date: Mar. 15, 2024 Date Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8879-24 Categories: CFTC-2403 Commodity Pool Operators Investment Fraud Registration Failures EMPIRES CONSULTING CORP. EMPIRESX PDF Notes: The PDF viewer below disables the links inside the PDF […]
Investment Fraud refers to deceptive practices or schemes designed to entice individuals into making financial investments with the promise of high returns, while the underlying investment may be either non-existent or significantly less profitable than portrayed. Manifestation in Markets: Stock Market — Fraudulent activities can involve the manipulation of stock prices, and spreading false information about […]