April 14, 2021/US SEC The Securities and Exchange Commission today charged seven individuals, including criminal recidivist Richard Dale Sterritt, Jr., with defrauding investors through a multimillion dollar oil-and-gas offering fraud and related market manipulation scheme. The SEC’s complaint alleges that, between March 2018 and at least November 2020, Sterritt – who […]
Frauds & Scandals
Ponzi schemer Bernie Madoff dies in prison at 82
April 14, 2021/AP By MICHAEL BALSAMO and TOM HAYS Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He was 82. Madoff’s death at the Federal Medical Center in Butner, […]
Safeguard your business against internal fraud
Zecurion Data Loss Prevention 11: know more, risk less April 13, 2021/Zecurion According to the recently released SNG Grant Thornton’s Sub-Saharan Fraud survey, 60% of respondents cited that employees are currently the biggest threat to their businesses when it comes to fraud, with 77% expecting this to increase in 2021. […]
