12/7/2018/US SEC On June 26, 2018, Ryan Gilbertson, a Minnesota man previously accused by the SEC of orchestrating an elaborate scheme to siphon millions of dollars from Dakota Plains Holdings, Inc., was convicted on 21 counts of wire fraud, securities fraud, and conspiracy to commit securities fraud. Douglas Hoskins, who […]
Frauds & Scandals
Senate Backs AMCON’s Plan To Publish Debtors List
12/7/2018/AMCON The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Adebayo Ibrahim, has said that Nigeria can be made great again, if the legislature as a matter of urgency empowers the Asset Management Corporation of Nigeria (AMCON) to go after recalcitrant obligors. He said that is […]
SEC Files Additional Charges in Fitbit Stock Manipulation Scheme
July 11, 2018/US SEC The Securities and Exchange Commission today filed fraud charges against a second defendant in connection with a scheme to manipulate the price of Fitbit securities through false regulatory filings. According to the SEC’s complaint, Mark E. Burns purchased Fitbit call options just minutes before he […]
