Culled—Proshare November 29, 2018 By Melissa Eddy and Amie Tsang of NYTimes One hundred seventy officers searched the headquarters of Deutsche Bank in Frankfurt and five other sites in the area early Thursday as part of a money-laundering investigation involving hundreds of millions of euros, prosecutors in Frankfurt said. Two employees, who were not […]
Frauds & Scandals
SEC Charges Self-Described Promoter With Microcap Market Manipulation Scheme
November 28, 2018/US SEC The Securities and Exchange Commission today charged a self-described penny stock promoter and an entity he controlled with orchestrating a scheme to manipulate trading in at least 97 microcap stocks. According to the SEC’s complaint, Eric Landis of Charlottesville, Virginia, falsely claimed to third-party media buyers […]
SEC Charges Four in Fraudulent Microcap Manipulation Scheme Orchestrated through International Accounts
November 28, 2018/US SEC The Securities and Exchange Commission charged four individuals for their roles in a scheme to profit from the manipulation and illegal sale of stock of two publicly traded companies, Environmental Packaging Technologies Holdings, Inc. and CURE Pharmaceutical Holding Corp. According to the SEC’s complaint, Morrie Tobin, […]
