Culled—Proshare June 6, 2018/Australian Competition & Consumer Commission Citigroup Global Markets Australia Pty Limited (Citigroup), Deutsche Bank Aktiengesellschaft (Deutsche Bank) and Australia and New Zealand Banking Group Ltd (ANZ) have been charged with criminal cartel offences following an investigation by the ACCC. Criminal charges have also been laid against several […]
Frauds & Scandals
Attorney Convicted of Securities Fraud to Manipulate Stock of Two Companies
June 6, 2018/US SEC The Securities and Exchange Commission announced that on May 21, 2018, a jury in federal court in Boston, Massachusetts convicted Jehu Hand, a licensed attorney in California, of securities fraud, wire fraud, and conspiracy to commit those offenses in connection with two pump-and-dump schemes that defrauded […]
SEC Seeks Emergency Relief Against Equipment Leasing Company, Founder in $80 Million Fraud
June 6, 2018/US SEC The Securities and Exchange Commission charged an equipment leasing company and its founder with defrauding investors in connection with sales of over $80 million in promissory notes. According to the SEC’s complaint, between 2014 and 2017, Essex Capital Corporation and its founder, Ralph T. Iannelli, made […]
