November 24, 2021/US SEC The Securities and Exchange Commission announced that it charged Ryan Ginster of Corona, California with conducting two unregistered and fraudulent securities offerings that raised over $3.6 million in cryptocurrency from retail investors. The SEC’s complaint alleges that, from 2018 to 2021, Ginster raised approximately $3.6 million […]
Frauds & Scandals
SEC Obtains Final Judgment Against Analyst Charged with Aiding & Abetting New York Pension Fund Pay-To-Play Scheme
November 23, 2021/US SEC The Securities and Exchange Commission obtained a final judgment on November 22, 2021 against John A. Paulsen, a former managing director and fixed income research analyst at a registered broker-dealer who was charged with aiding and abetting a pay-to-play scheme involving the New York State Common Retirement Fund. […]
SEC Obtains Final Judgment Against Trader in International Insider Trading Scheme
November 23, 2021/US SEC On November 22, 2021, the United States District Court for the Southern District of New York entered a final consent judgment against Israeli citizen Dov Malnik in connection with his participation in a prolific insider trading scheme. To settle the charges against him, Malnik agreed to […]
