May 27, 2021/US SEC The Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower who alerted SEC staff to certain violations, prompting the opening of an investigation. The whistleblower then provided substantial assistance by meeting with SEC staff, identifying key players, and providing […]
Frauds & Scandals
SEC Files Subpoena Enforcement Action Against CPA
May 21, 2021/US SEC The Securities and Exchange Commission today announced that it has filed an action against Carlos R. Irizarry Santiago, a certified public accountant and resident of Puerto Rico, seeking an order directing him to comply with an investigative subpoena for documents and testimony. According to the SEC’s […]
SEC Obtains Final Judgment Against Broker Charged with Defrauding Customers
May 21, 2021/US SEC On May 20, 2021, the U.S. District Court for the Southern District of New York entered a final consent judgment against a New York-based broker who was previously charged by the SEC with defrauding retail customers. On September 7, 2018, the SEC charged Emil Botvinnik, a […]
