July 21, 2025/US SEC On July 17, 2025, the Securities and Exchange Commission charged New York resident Joseph J. D’Ambrosio with orchestrating a multi-year investment fraud through Hereford Holdings, L.L.C., an entity that he established to invest funds on behalf of family and friends, but which he used instead to […]
Frauds & Scandals
SEC Obtains Final Judgment against Richmond Federal Reserve Banking Supervisor Charged with Insider Trading
July 21, 2025/US SEC On July 18, 2025, the United States District Court for the Eastern District of Virginia entered a final consent judgment against Robert Brian Thompson, a long-time banking supervisor and examiner at the Federal Reserve Bank of Richmond, whom the SEC previously charged with insider trading in […]
SEC Charges CaaStle, Inc. Founder and Former CEO in $250 Million Offering Fraud
July 18, 2025/US SEC The Securities and Exchange Commission today announced that it charged Christine Hunsicker, the co-founder, Chief Executive Officer, and Chair of CaaStle, Inc., formerly Gwynnie Bee, Inc., with creating and disseminating false financial statements and audit reports to investors while raising more than $250 million for CaaStle. […]
