September 21, 2018/US SEC The Securities and Exchange Commission today charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI’s workers’ compensation expenses. The SEC also charged BBSI in the accounting fraud and charged the company’s former controller for his […]
Frauds & Scandals
SEC Obtains Final Judgment Against Relief Defendant Wealthcfo, LLC
September 21, 2018/US SEC A federal district court in the Western District of New York entered a final judgment against relief defendant WealthCFO, LLC, a company controlled by investment adviser Tarek D. Bahgat. The SEC obtained a default judgment against WealthCFO after it didn’t respond to the SEC’s complaint. On […]
SEC Settles Action Against Defendants in Connection with Stock Fraud Scheme
September 21, 2018/US SEC The Securities and Exchange Commission has settled its action against all six defendants sued in connection with a scheme to defraud investors in Gerova Financial Group Ltd., whose shares once traded on the New York Stock Exchange. On September 24, 2015, the SEC filed a civil […]
