December 27, 2022/US SEC On December 16, 2022, the U.S. District Court for the District of Arizona entered final judgment by default against Conrad Coggeshall in a previously-filed SEC case that alleged Coggeshall fraudulently raised $700,000 from elderly investors. According to the complaint, Coggeshall told investors they were investing in […]
Frauds & Scandals
SEC Charges Caroline Ellison and Gary Wang with Defrauding Investors in Crypto Asset Trading Platform FTX
December 22, 2022/US SEC The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform […]
SEC Charges Honeywell with Bribery Schemes in Algeria and Brazil
December 19, 2022/US SEC The Securities and Exchange Commission today announced charges against Honeywell International Inc. for violations of the Foreign Corrupt Practices Act (FCPA) arising out of bribery schemes that took place in Brazil and Algeria. The company has agreed to pay more than $81 million to settle the […]
