Posts tagged with: "Ponzi"
Results 5241 - 5260
of 5,485
Sorted by Relevance
|
Sort by Date
28 Jan 2014, 4:22 pm
These actions have included a successful investigation against a Texas Ponzi scheme operator, an enforcement action and related criminal charges against a hedge fund manager who misled investors about his qualifications and directed investor funds into a personal account, a settlement for violation of market access rules, and a settlement with a private equity fund that deceived investors about the funds’ performance. [read post]
31 May 2018, 9:47 pm
For example, legal experts consider the Ponzi scheme perpetrated by Bernie Madoff to be the largest and most complex in history. [read post]
23 May 2016, 8:10 am
It’s like a Ponzi scheme for lawyers! [read post]
18 Jun 2010, 2:33 pm
Some of the names on the list are those of lawyers, accountants, foundation trustees and agents who set up the accounts on behalf of the actual investors in the Madoff fund, which investigators are calling the biggest Ponzi scheme ever. [read post]
14 May 2012, 5:00 am
Remember that it was the redemptions from the 2008 financial crisis that finally brought down the Madoff ponzi scheme after years (decades?) [read post]
30 Oct 2018, 2:30 pm
(“Big Coin”).[4] The case arose from an alleged fraudulent scheme in which Big Coin sold “fully functioning” virtual currency it claimed was backed by gold and could be used anywhere where Mastercard was accepted.[5] The CFTC alleged that once bought, the coins could not be traded or sold except through a Ponzi scheme run by Big Coin.[6] To hide this fact, the CFTC alleges, the Big Coin operators would, among other things, artificially change… [read post]
28 Sep 2023, 1:25 pm
The SEC further alleges that Perera further attempted to hide the losses by using funds received from others sources to make Ponzi-like payments to the investor. [read post]
22 Oct 2023, 5:58 pm
The recent failures of digital asset platforms last year represent cases where too much power and too little regulation resided in centralised leaders / intermediaries and Ponzi-like schemes. [read post]
18 Dec 2012, 10:07 am
Omnitrition Int’l, 79 F.3d 776, 781 (9thCir. 1996), Ponzi scheme, chain marketing scheme, or other marketing plan or program in which participants pay money or valuable consideration in return for which they obtain the right to receive rewards for recruiting other participants into the program, and those rewards are unrelated to the sale of products or services to ultimate users. [read post]
6 Jul 2011, 5:00 am
The report accompanying the decision "faulted the SEC’s handling of Ponzi schemes. [read post]
23 Nov 2010, 2:18 pm
Professor Hockett's discussion was extremely helpful to the audience, even though the first two questions were from (1) a person who thinks that we should go back on the Gold Standard, and (2) a guy who thinks that monetary policy is a Ponzi scheme. [read post]
26 Jun 2022, 5:13 am
This can take many forms, including the exploitation of legal guardianships and power of attorney arrangements, or the use of fraudulent investments such as Ponzi schemes to defraud older adults of their income and retirement savings.These relationships enable trusted persons to repeatedly abuse the victims by liquidating savings and retirement accounts, stealing Social Security benefit checks and other income, transferring property and other assets, or maxing out credit cards in the name… [read post]
28 May 2019, 3:00 am
Related blog posts: Illinois Appellate Court Finds Suburban Home Fits the “Office Definition” for Company Satellite Office Investors in Ponzi Scheme Reversed the Cook County Order Granting Defendants’ Motion to Dismiss for Lack of Standing Trucker Killed in Illinois Accident is Denied Illinois Courts The post Illinois Appellate Court Highlights Legal Trend in Limiting General Personal Jurisdiction Over Nonresident Defendants Sued in Illinois Courts appeared… [read post]
2 May 2012, 12:51 pm
Vishnevetsky allegedly raised approximately $1.7 million from investors and misappropriated at least $1.5 million for his own purposes, including to pay for such business and personal expenses as mortgage and car payments, travel and vacations, restaurant bills, athletic club dues, and to make trades for his own benefit, while using additional investor funds to make Ponzi-type payments to clients. [read post]
7 Mar 2017, 4:28 pm
As for enforcement, to quote Coffee, the SEC would be able to “focus on what they are best at: insider trading, Ponzi schemes and smaller frauds not involving a complex institutional structure and multiple actors. [read post]
24 May 2012, 8:06 am
Involuntary bankruptcy is most often used when unsecured creditors suspect fraud on the part of a company, such as when a Ponzi scheme is discovered, or for some other extraordinary reason. [read post]
6 May 2009, 3:41 am
Or the three years that Joanne Schneider recently got for running a Ponzi scheme that swindled investors out of $60 million. [read post]
10 Jan 2019, 5:19 am
The memoir explains in compelling detail how both agencies fundamentally misconceived the author’s business model—absurdly accusing him of operating a Ponzi scheme and sticking with that theory even after it fell to pieces as the investigation unfolded—and ultimately coerced him into settling the SEC’s meritless civil suit and pleading guilty in DOJ’s baseless criminal prosecution after being threatened with life in prison if he refused. [read post]
22 Nov 2009, 12:04 pm
They cover asset misappropriation schemes, financial statement frauds, corruption schemes, and external frauds such as Ponzi schemes and insurance fraud. [read post]
24 Mar 2009, 5:56 am
The blaggard Charles Ponzi diverted more than two-thirds of investments to his own use. [read post]
