December 30, 2020/US SEC On December 28, 2020, the United States District Court for the District of New Jersey entered a final consent judgment against Joseph Taub, whom the SEC charged with orchestrating a market manipulation scheme. The SEC’s complaint, filed on December 12, 2016 and amended on April 26, […]
Frauds & Scandals
SEC Charges Jewelry Wholesaler with Fraudulent Securities Offering Targeting Current and Retired Police Officers and Firefighters
December 30, 2020/US SEC The Securities and Exchange Commission today charged Gregory Altieri, of Melville, New York, for operating a fraudulent Ponzi-like scheme that defrauded current and retired police officers and firefighters, among others, and misappropriating investor funds. According to the SEC’s complaint, from at least 2017 through early 2020, […]
SEC Obtains Emergency Asset Freeze, Charges Crypto Fund Manager with Fraud
December 29, 2020/US SEC The Securities and Exchange Commission today announced that it filed an emergency action and obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC and its affiliated companies in connection with an alleged securities fraud relating to Virgil Capital’s flagship cryptocurrency […]
