December 11, 2018/US SEC The Securities and Exchange Commission today announced charges against an Ohio resident and his Pennsylvania business partner in connection with an unregistered and fraudulent binary options business. According to the SEC’s complaint, Jared Jeffrey Davis and various shell companies controlled by Davis and his business partner, […]
Frauds & Scandals
Three Broker-Dealers to Pay More Than $6 Million in Penalties for Providing Deficient Blue Sheet Data
December 11, 2018/US SEC The Securities and Exchange Commission today announced that three broker-dealers have agreed to pay more than $6 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information in required SEC productions known as “blue sheet data,” which the SEC uses to […]
SEC Charges Agria Corporation and Executive Chairman With Fraud
December 11, 2018/US SEC A multinational agricultural company has agreed to pay $3 million to settle charges that it concealed substantial losses from investors through fraudulent accounting in connection with its divestiture of its primary operating entity. In a related action, the company’s executive chairman Lai Guanglin (aka Alan Lai) settled […]
