Frauds & Scandals

SEC Charges Indianapolis-Area Resident for Offering Fraud

April 1, 2021/US SEC The Securities and Exchange Commission today announced partially settled charges against George S. Blankenbaker of Westfield, Indiana in connection with fraudulent and unregistered securities offerings that raised over $11 million from more than 100 investors, many of whom were elderly. According to the SEC’s complaint, between […]

The Mozambican Oil and Gas Chamber condemns the terrorist attacks in Palma

Our thoughts and prayers are with the families of the bereaved, injured and displaced March 31, 2021/AEC The Mozambican Oil and Gas Chamber condemns the terrorist attacks in Palma on the 25th of March in the strongest possible terms and expresses its heartfelt condolences to all the victims of the […]

SEC Charges Investment Adviser with Defrauding Advisory Clients

March 30, 2021/US SEC The Securities and Exchange Commission announced charges against Douglas E. Elstun of Lenexa, Kansas, an investment adviser, for repeatedly defrauding and breaching his fiduciary duty to advisory clients through his formerly registered investment adviser Crossroads Financial Management, Inc. (CFM). The SEC’s complaint alleges that from 2015 […]