Rimar Capital USA, Inc. Board Member Clifford Boro also Charged October 10, 2024/US SEC The Securities and Exchange Commission today announced charges against Rimar Capital USA, Inc. (Rimar USA), Rimar Capital, LLC (Rimar LLC), Itai Liptz, and Clifford Boro for making false and misleading statements about Rimar LLC’s purported use […]
Frauds & Scandals
SEC Issues $12 Million Award to Joint Whistleblowers
October 10, 2024/US SEC The Securities and Exchange Commission today announced a $12 million award to be split among three joint whistleblowers who provided critical information and assistance in an SEC enforcement action. The joint whistleblowers provided the SEC significant information and extensive cooperation, which helped expand the scope of […]
SEC Charges Cumberland DRW for Operating as an Unregistered Dealer in the Crypto Asset Markets
October 10, 2024/US SEC The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect […]
