April 12, 2022/US SEC The Securities and Exchange Commission charged Justin W. Herman, Anthony M. Baker, Ian Horn, and Island Capital Inc for their roles in the fraudulent and manipulative sale of hundreds of thousands of shares of a penny stock company. According to the SEC’s complaint, from at least […]
Frauds & Scandals
SEC Charges Third Participant in Market Manipulation Scheme
April 11, 2022/US SEC The Securities and Exchange Commission today announced charges against Anthony Salandra, for his role in a market manipulation scheme in which he and several other individuals created false rumors about public companies in order to profitably trade around the temporary price increases caused by the publication […]
SEC Obtains Final Judgments Against Unregistered Uk Financial Firm and Its Founder for Clearing Billions of Dollars in U.S. Securities Transactions
April 11, 2022/US SEC On March 22, 2022, the U.S. Securities and Exchange Commission obtained final judgments against Global Investment Strategy UK Ltd. (GIS), a London, UK-based financial services firm, charged with clearing and settling billions of dollars of U.S. securities transactions without registering as a broker-dealer in violation of […]
