December 14, 2023/US SEC The Securities and Exchange Commission today charged Justin Murphy, a former resident of Greenwich, Connecticut, and his investment management firm Mara Investments, LLC, for fraudulentmisappropriation of approximatley $3.4 million of investor assets. According to the SEC’s complaint, Justin Murphy induced multiple individuals to invest approximately $6.6 […]
Frauds & Scandals
Rising Threats: Cybercriminals Unleash 411,000 Malicious Files Daily in 2023
Windows continued to be the primary target for cyberattacks, accounting for 88% of all malware-filled data detected daily December 14, 2023/Kaspersky Kaspersky’s detection systems discovered an average of 411,000 malicious files every day, which is an increase of nearly 3% in 2023 compared to the previous year. Particular types of […]
Credit Suisse Entities to Pay $10 Million for Providing Prohibited Mutual Fund Services
New Jersey court order caused disqualification of certain Credit Suisse entities December 13, 2023/US SEC The Securities and Exchange Commission today announced that Credit Suisse Securities (USA) LLC and two affiliated Credit Suisse entities (collectively, the Credit Suisse Entities) agreed to pay more than $10 million to settle the SEC’s […]
