December 19, 2018/US SEC The Securities and Exchange Commission today charged two former senior executives of the U.S. subsidiary of Panasonic Corp. with knowingly violating the books and records and internal accounting controls provisions of the federal securities laws and causing similar violations by the parent company. According to the […]
Frauds & Scandals
1MDB scandal: Malaysia files charges against Goldman Sachs
Charges filed against US firm as part of corruption and money-laundering inquiry 17/12/2018/The Guardian Goldman Sachs and two former bankers have been hit with criminal charges by Malaysian authorities over the 1MDB corruption scandal. The country’s attorney general, Tommy Thomas, said Goldman subsidiaries and ex-bankers Tim Leissner and Roger Ng […]
SEC Sues Orange County Investment Adviser for Defrauding Clients
December 18, 2018/US SEC The Securities and Exchange Commission has charged a Laguna Niguel, California investment adviser with misappropriating client funds and misleading his clients about how their money was invested and how their investments were performing. The SEC is seeking an asset freeze and the appointment of a receiver […]
