Company to Pay $23 Million to Settle Charges September 27, 2022/US SEC The Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United Arab […]
Frauds & Scandals
SEC Charges Fraud in Real Estate Investment Offering
September 26, 2022/US SEC The Securities and Exchange Commission today announced charges against a Texas real estate developer and two other people for operating a fraudulent real estate investment offering that raised over $26 million from more than 100 investors. The SEC alleges that developer Timothy Barton partnered with home […]
SEC Charges Florida Resident with Operating a $2.3 Million Ponzi Scheme Targeting Haitian-American Community
September 26, 2022/US SEC The Securities and Exchange Commission today charged Miami-Dade County resident Judith Paris-Pinder alleging that she fraudulently raised approximately $2,300,000 from over 280 investors through an unregistered securities offering, targeting members of the Haitian and Haitian-American community in South Florida and elsewhere. The SEC’s complaint alleges that […]
