Tag: Audrey Strauss

October 7, 2021

Litigation Finance Firm Founder Pleads Guilty to Securities Fraud

Jaeson Birnbaum faces up to 20 years in prison for using investor funds for personal use and to pay earlier investors.

Manager Selection September 17, 2021

The seventh distribution brings the total compensation to victims of the world’s largest Ponzi scheme to more than $3.7 billion.

September 16, 2021

The former UBS securities broker faces up to 20 years in prison for defrauding investors out of more than $30 million.

Manager Selection July 23, 2021

L-R Managers co-founder Donald LaGuardia has also been ordered to pay $6.6 million in fines and restitution.

July 1, 2021

Donald Blakstad allegedly used material nonpublic information to rake in over $7 million

Risk June 21, 2021

Marc Lawrence allegedly siphoned employee-investor funds to pay for personal expenses.

Pensions May 24, 2021

The insurance giant will pay more than $77 million for helping taxpayers hide nearly $1.5 billion from IRS.

May 11, 2021

Michael Hild allegedly called his scheme to mismark bonds a ‘self-generating money machine.’

Pensions April 29, 2021

Sheng-Wen Cheng claimed celebrities, athletes, and even a deceased Penn State football coach were on his payroll.

Risk February 10, 2021

Stefan Qin, 24, allegedly drained the $90 million fund for ‘indulgences and speculative personal investments.’

Regulation February 9, 2021

Daniel Kamensky pressured a rival investor to drop its bid for assets he wanted on the cheap.

February 4, 2021

International Investment Group’s David Hu faces a maximum sentence of 45 years in prison.

January 14, 2021

Andrei Tyurin targeted JPMorgan Chase Bank, E*TRADE, Scottrade, and The Wall Street Journal.

Risk December 16, 2020

James Barbera allegedly told investors that his firm had a NASA-developed breathalyzer that could detect cancer and narcotics.

Newsmakers December 15, 2020

Latest distribution of more than $488 million to Bernie Madoff victims hailed as ‘historic result.’