30/4/2018/US SEC The Securities and Exchange Commission announced that on April 30, 2018, 2018, the U.S. District Court for the District of Massachusetts entered a default judgment in an ongoing enforcement action against Christopher R. Esposito, the owner and Managing Director of Lionshare Ventures, LLC (Lionshare), in a case […]
Frauds & Scandals
Panasonic Charged With FCPA and Accounting Fraud Violations
30/4/2018/US SEC The Securities and Exchange Commission today announced that Japan-based Panasonic Corp. will pay more than $143 million to resolve charges of Foreign Corrupt Practices Act (FCPA) and accounting fraud violations involving its global avionics business. According to the SEC’s order, Panasonic’s U.S. subsidiary, Panasonic Avionics Corp. (PAC), a […]
SEC Obtains Final Judgment Against Promoter of Pyramid Scheme Targeting Latino Community
30/4/2018/US SEC The Securities and Exchange Commission announced that it has obtained a final judgment in a fraud case against a promoter of a pyramid scheme targeting Latino communities. The final judgment, entered on April 27, 2018 by a federal district court in Boston, Massachusetts, permanently enjoins Randy Crosby from […]
