December 1, 2020/US SEC The SEC today charged New York resident Mark Alan Lisser with fraud for operating at least two boiler rooms, on Long Island, New York and in Boca Raton, Florida, through which he raised approximately $2.1 million from at least 71 retail investors and misappropriated more than […]
Frauds & Scandals
SEC Charges Unregistered Investment Adviser with Defrauding Puerto Rico Municipality
December 1, 2020/US SEC The Securities and Exchange Commission today charged an unregistered investment adviser based in Orlando, Florida for defrauding the Municipality of Mayagüez, Puerto Rico and misappropriating $7.1 million of taxpayer funds. According to the SEC’s complaint, in 2016, Eugenio Garcia Jimenez, Jr. told municipal officials that he […]
IMF MD Kristalina Georgieva’s Opening Statement at the 19th International Anti-Corruption Conference
December 1, 2020/IMF Today, the IMF Managing Director Kristalina Georgieva joined the opening plenary of the 19th International Anti-corruption Conference (IACC) the world’s largest conference on anti-corruption, which is organized every two years by Transparency International in partnership this year with the Republic of Korea. It brings together around 3,000 […]
