April 19, 2021/US SEC On Friday, April 16, 2021, the Securities and Exchange Commission charged Israeli-based Spot Tech House Ltd., formerly known as Spot Option Ltd., and two of its former top executives, Malhaz Pinhas Patarkazishvili (also known as Pini Peter) and Ran Amiran, with deceiving U.S. investors out of more than […]
Frauds & Scandals
SEC Charges IIG Co-Founder Martin Silver With Fraud
April 15, 2021/US SEC The Securities and Exchange Commission today announced partially settled charges against Martin Silver of Long Branch, New Jersey, in connection with a fraudulent scheme to overvalue assets held in a hedge fund offered by his investment advisory firm, International Investment Group (IIG). The SEC previously charged […]
SEC Awards Over $50 Million to Joint Whistleblowers
April 15, 2021/US SEC The Securities and Exchange Commission today announced an award of over $50 million to joint whistleblowers whose information alerted SEC staff to violations that involved highly complex transactions and would have been difficult to detect without their information. The joint whistleblowers provided exemplary assistance to the […]
