Showing posts with label WALL STREET FRAUD. Show all posts
Showing posts with label WALL STREET FRAUD. Show all posts
Thursday, April 14, 2011

SENATORS ACCUSE GOLDMAN SACHS AND OTHERS OF WIDESPREAD FRAUD

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The following release was from the web site of Senator Carl Levin, Chairman on the Senate Permanent Subcommittee on Investigations. It reve...
Sunday, November 14, 2010

FORMER COUNTRYWIDE FINANCIAL CEO TO PAY 22.5 MIL. TO SETTLE CHARGES

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The SEC released its settlement details with the former CEO of Countrywide Financial. Although this is just a punishment which amounts to a...
Sunday, August 8, 2010

ACCOUNTANTS CREATE A PONZI SCHEME: MORE BUSINESS AS USUSAL

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Thanks to our complex tax and legal system, accounting is one of those few remaining fields in America in which there are still good paying ...
Sunday, June 13, 2010

SEC CHARGES KENNETH IRA STAR WITH FRAUD

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It seems another Wall Street investment guru has come under the scrutiny of the SEC. It looks like in this case the alleged perpetrators jus...
Sunday, June 6, 2010

MAKER OF ATM AND VOTING MACHINES CHARGED WITH FRAUD

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The security firm Diebold, Inc., of Canton Ohio, has been charged along with three former executives with fraudulent accounting. Diebold is...
Sunday, May 16, 2010

TWO SHORT SELLERS FOUND TO HAVE VIOLATED THE RULES

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The SEC has caught two more individuals that were illegally shorting stocks. This is the first enforcement actions brought under rule 105. ...
Monday, May 10, 2010

BROKERS ACCUSED OF HELPING TO SELL PENNY STOCKS UNLAWFULLY

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The sale of penny stocks are often looked upon as controversial way to raise capital. Many investors will not purchase stocks that sell for...
Sunday, April 25, 2010

CEO CHARGED WITH STEALING

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It is sad that we have so many businessmen that are just pure thieves. This makes us all look bad and undermines our cherrished free enterp...
Sunday, April 18, 2010

JP MORGAN CAUGHT UP IN PAY-TO-PLAY MUNI BOND SCHEME

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The following is an excerpt from the SEC web page in regards to a recent action taken by the SEC. It seems that a JP Morgan executive gave ...