June 15, 2022/US SEC The Securities and Exchange Commission announced that it obtained final judgments against sixteen defendants and ten relief defendants based in China for their role in a stock manipulation scheme that generated more than $35 million of illicit profits on the illegal trading of stock in at […]
Frauds & Scandals
SEC Charges Former Employee of Online Gambling Company with Insider Trading
June 15, 2022/US SEC The Securities and Exchange Commission announced insider trading charges against David Roda, a former software engineer at Penn National Gaming’s subsidiary Penn Interactive Ventures, in connection with the parent company’s $2 billion acquisition of Toronto-based Score Media and Gaming, Inc. The SEC’s complaint, filed in federal […]
SEC Halts Fraudulent Real Estate-Related Investment Offerings
June 15, 2022/US SEC The Securities and Exchange Commission announced that it filed an emergency action on June 14, 2022 to halt a multi-year investment fraud being run by Texas-based real-estate executive Blake Robert Templeton through three companies he controlled, Boron Capital, LLC, BC Holdings 2017, LLC, and United BNB […]
