July 26, 2024/US SEC The Securities and Exchange Commission today announced charges against activist short seller Andrew Left and his firm, Citron Capital LLC, for engaging in a $20 million multi-year scheme to defraud followers by publishing false and misleading statements regarding his supposed stock trading recommendations. The SEC’s complaint […]
Frauds & Scandals
SEC Charges Georgia Man and Florida Lawyer for Their Roles in Fraudulent Investment Scheme
July 26, 2024/US SEC On July 25, 2024, the Securities and Exchange Commission charged 68-year-old Roosevelt Tobias Bailey, of Buford, Georgia, and his company, Borg Investment Bank & Capital Trust, with conducting a fraudulent prime bank and gold and diamond investment scheme. The SEC also charged Alvin C. Jones, Esq. […]
SEC Awards Whistleblower More Than $37 Million
July 26, 2026/US SEC The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. The whistleblower persisted in reporting the misconduct internally, which led the employer to conduct its own investigation and […]
