September 8, 2021/US SEC The Securities and Exchange Commission today charged Rivetz Corp., Rivetz International SEZC, and Steven K. Sprague, the President of Rivetz and CEO of Rivetz International, with conducting an illegal, unregistered offering of securities through an initial coin offering. According to the SEC’s complaint, between July and […]
Frauds & Scandals
Digital Asset and “Crypto” Investment Scams – Investor Alert
September 1, 2021/US SEC The SEC’s Office of Investor Education and Advocacy (OIEA) and Division of Enforcement’s Retail Strategy Task Force (RSTF) remind investors to watch out for investment schemes involving digital assets and “Crypto.” Fraudsters continue to exploit the rising popularity of digital assets to lure retail investors into […]
SEC Charges the Kraft Heinz Company and Two Former Executives for Engaging in Years-Long Accounting Scheme
Company Will Pay $62 Million to Settle Charges Related to Inflated Cost Savings that Caused it to Restate Several Years of Financial Reporting September 3, 2021/US SEC The Securities and Exchange Commission today charged The Kraft Heinz Company with engaging in a long-running expense management scheme that resulted in the […]
