Culled—Porshare April 5, 2018/Zedcrest Capital ***MPC retains lending rate at 14%*** Bonds The bond market remained slightly bullish in today’s session compressing by c.7bps on average, in a continued recovery from the bearishness of the previous week. Traded volumes however remained relatively thin with the bullish trend mostly hinged on […]
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SEC Charges Fintech Company Founder with Fraudulent Scheme to Defraud Investors and Misappropriate Funds
4/4/2018/US SEC The Securities and Exchange Commission has charged Michael Liberty, the founder of the fintech startup now known as Mozido, Inc., with a fraudulent scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. Michael Liberty and his accomplices then stole most of the […]
SEC Charges Florida Resident with Market Manipulation Scheme
4/4/2018/US SEC The Securities and Exchange Commission today charged St. Petersburg, Florida resident Gregory M. Bercowy with a fraudulent scheme to manipulate the stock price of Aureus, Inc., a penny stock company incorporated in Nevada. The SEC alleges that between August 4 and August 15, 2016, Bercowy, who is associated […]
