November 29, 2018/US SEC The Securities and Exchange Commission 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 falsely claimed to third-party media buyers for microcap companies that […]
Frauds & Scandals
Deutsche Bank Offices Are Searched in Money Laundering Investigation
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 […]
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 […]
