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, […]
Frauds & Scandals
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 […]
SEC Charges Long Island City Man with Trading and Tipping Others as Part of Insider Trading Scheme
December 29, 2020/US SEC On December 22, 2020, the Securities and Exchange Commission charged Jason Peltz of Long Island City, New York with insider trading ahead of a media report about the potential acquisition of chemical manufacturer Ferro Corp. that caused the company’s stock price to climb. Peltz also tipped […]