June 23, 2021/US SEC The Securities and Exchange Commission today obtained a final judgment against a former executive of a financial services company for his role in orchestrating a bribery scheme to help a client to win a government contract to build and operate an electrical power plant in the […]
Frauds & Scandals
SEC Charges Former Company Executive with Defrauding Investors
June 23, 2021/US SEC The Securities and Exchange Commission today charged a New Jersey resident with defrauding investors and misappropriating proceeds from two securities offerings. The SEC’s complaint, filed in the U.S. District Court for the District of New Jersey, alleges that Joseph Geromini, while he was the Chief Operating […]
SEC Charges Investment Advisers with Cherry Picking, Obtains Asset Freeze
June 23, 2021/US SEC The Securities and Exchange Commission has obtained an asset freeze and other emergency relief, and filed fraud charges, against a Miami, Florida investment professional and two investment firms for engaging in an alleged “cherry picking” scheme in which they channeled millions of dollars in trading profits […]
