WALL STREET FRAUDSTERS

This is a look at Wall Street fraudsters via excerpts from various U.S. government web sites such as the SEC, FDIC, DOJ, FBI and CFTC.

Tuesday, November 30, 2010

SEC CHARGES DELOITTE TAX LLP PARTNER IN INSIDER TRADING SCHEME

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Too often people have the misconception that those who are extremely rich made their fortunes by building “a better mouse trap”. In fact, a...
Sunday, November 28, 2010

SEC REPORTED ON WORK PLAN FOR GLOBAL ACCOUNTING STANDARDS

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The SEC has published their first report on their quest to develop global accounting standards. The following is an excerpt from the SEC w...

THREE LOCATIONS RAIDED FOR INSIDER TRADING EVIDENCE

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This week the FBI raided at least three corporate locations where evidence of insider trading might be located. It was widely circulated am...
Sunday, November 21, 2010

NEW SEC RULES TARGET POLITICAL PAYOFFS

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Mary Shapirro and the SEC has made perhaps the boldest move yet in trying to impliment reforms to get some of the corruption out of our gove...
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, November 7, 2010

SEC ALLEGES FRAUD IN THE FOREX MARKET

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Misrepresentation of facts has always been a real problem in the securities field. I've misrepresentations made by real estate companie...
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