53% of the respondents who fell victim, were convinced the offer was legitimate because the website looked real, while nearly 48% of the scams were financial September 11, 2023/KnowBe4 Key findings: 40% of the respondents from eight countries had been scammed online Distraction and multi-tasking made 43% of the victims […]
Frauds & Scandals
SEC Charges Privately Held Monolith Resources for Using Separation Agreements that Violated Whistleblower Protection Rules
September 11, 2023/US SEC The Securities and Exchange Commission today announced settled charges against Monolith Resources LLC, a privately held energy and technology company headquartered in Lincoln, Nebraska, for using employee separation agreements that violated the SEC’s whistleblower protection rules. According to the SEC’s order, from February 2020 until early […]
SEC Sweep into Marketing Rule Violations Results in Charges Against Nine Investment Advisers
September 11, 2023/US SEC The Securities and Exchange Commission today announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule. All nine firms have agreed to settle the SEC’s charges […]
