Regulation
Former Asset Management Firm COO Gets 3 Years in Prison for Fraud
Richard Diver admitted that the money he stole was consumed by his ‘wild’ personal spending.
Tag: Southern District of New York
Regulation
Former CEO, COO of MiMedx Convicted of Securities Fraud
CEO Parker Petit and COO William Taylor were found guilty of falsely inflating the biopharmaceutical company’s revenue figures.
Regulation
Financial Adviser Sentenced to More Than 3 Years in Prison for Ponzi Scheme
James Booth convinced an elderly widow to invest her late husband’s pension and another investor to hand over his child’s college funds.
Regulation
NYC Investment Fund Manager Convicted of Multiple Fraud Charges
Donald LaGuardia faces a maximum of 45 years in prison for misappropriating funds and lying to investors.
Regulation
FBI Arrests Head of Wealth Management Firm for Fraud
Terrence Chalk, aka Dr. Cash, allegedly hid his criminal past to defraud investors out of more than $4 million.
Manager Selection
Judge Rules Sterne Agee Analyst Complicit in NY Pension Pay-to-Play Scheme
John Paulsen planned ski trip for New York state pension fund fixed-income director in exchange for business directed to firm.
Alternatives
President of Purported VC Firm Pleads Guilty to Securities, Wire Fraud
Marc Lawrence faces maximum of 60 years in prison for his role in Ponzi-like scheme.
Regulation
Ex-Trader Gets More Than 5 Years in Prison for Ponzi Scheme
Paul Rinfret pleaded guilty to defrauding investors of more than $19 million
Regulation
SEC, SDNY Charge Seismic Data Firm in $100 Million Accounting Fraud
Former SAExploration CEO faces up to 65 years in prison in connection with alleged scheme.
Regulation
McAfee Charged with Fraudulently Touting ICOs, Arrested for Tax Evasion
Creator of anti-virus software allegedly secretly received over $23 million for promoting initial coin offerings.
Regulation
Investment Firm Head Sentenced to More Than 7 Years in Prison for Pre-IPO Fraud
Fred Elm falsely told investors they could invest in Twitter, Alibaba, and Uber prior to their IPOs.
Risk
Former Cyberfraud Prevention Firm CEO Arrested for Fraud
Adam Rogas could face up to 45 years in prison for his alleged role in a $123 million securities fraud scheme.
Risk
Former Associates of Rudy Giuliani, Lev Parnas, David Correia, Charged with Conspiring to Defraud Investors
Prosecutors allege their firm, ‘Fraud Guarantee,’ was a guaranteed fraud.
Risk
International Fugitive, Disbarred Lawyer Charged in Cryptocurrency Scam
Randy Levine, a man of many aliases, had been on the lam for 15 years before getting caught in Austria.
Risk
Five Charged in Fraud, Money Laundering Related to Cryptocurrency Ponzi Ring
Scammers allegedly used investor funds to buy cars, jewelry, and luxury homes.