May 4, 2022/US SEC The Securities and Exchange Commission today announced charges and a court-ordered asset freeze against two Idaho residents who allegedly generated more than $12 million by engaging in a fraudulent scheme to deceptively obtain stock pick information from a subscription service and trade on that information before […]
Frauds & Scandals
SEC Charges CEO and President of Synergy Settlement Services with Fraudulent Operation of Special Needs Pooled Trusts
Defendants allegedly used funds from deceased beneficiaries’ accounts on golf tournaments and beach parties May 3, 2022/US SEC The Securities and Exchange Commission today announced fraud charges against Synergy Settlement Services, Inc., CEO Jason D. Lazarus, Esq., both based in Orlando, FL, and President Anthony F. Prieto, Jr. of Tampa, […]
SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit
May 3, 2022/US SEC The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly known as the Cyber Unit) in the Division of Enforcement […]
