July 15, 2021/US SEC The Securities and Exchange Commission today charged the former CEO and CFO of FTE Networks Inc., a network infrastructure company formerly based in Naples, Florida, with conducting a multi-year accounting fraud. This alleged scheme involved inflating the company’s revenues for certain periods by as much as […]
Frauds & Scandals
ICO “Listing” Website Charged With Unlawfully Touting Digital Asset Securities
July 14, 2021/US SEC The Securities and Exchange Commission today announced settled charges against the operator of Coinschedule.com, a once-popular website that profiled offerings of digital asset securities. The SEC’s order finds that United Kingdom-based Blotics Ltd. violated the anti-touting provisions of the federal securities laws by failing to disclose […]
SEC Charges Individuals with Deceiving Retail Investors Through the Offer and Sale of Binary Options
July 13, 2021/US SEC “Yoni” Mimun (a/k/a Jonathan “Yoni” Maymon) and Ronn BenHarav, with defrauding U.S. investors, including retirees and other retail investors, out of millions of dollars through fraudulent, online offers and sales of high-risk securities known as binary options. According to the SEC’s complaint, defendants owned and ran JMRB […]
