The SEC filed a complaint recently in District court against Breitling Energy Corporation in Dallas accusing the energy investment for Texas-sized $80 million investment scam. In pitches ...

Possibly coming off watching Gordon Gekko on Wall Street, investment bank director Steven McClatchey pled guilty to conspiracy to commit securities and wire fraud and using insider ...

Topping off his collection of indictments of federal fraud and money laundering charges, former investment advisor David Welliver pleaded guilty to one charge of securities fraud last ...

The states of Alabama, Indiana, and Vermont approved measures earlier this year designed to require financial advisers to report possible exploitation of senior citizens and other vulnerable ...

State securities regulators and industry groups positively received news of the House passage of SeniorSafe Act, H.R. 4538, a bill that seeks to provide civil and administrative immunity ...

The SEC opened its proceedings to become more like a traditional courtroom instead of a genteel boardroom. In response to criticisms from practitioners and the media, the SEC announced ...

Robin Smyth, the former chief financial officer of Kit Digital Inc pleaded guilty to securities fraud. Smyth, along with the company’s former chief executive, Kaleil Isaza Tuzman, ...

Thomas Hoey, a banana importer, has been charged with embezzling over $750,000 from his employees’ retirement plan. He apparently used this money to go on lavish vacations and to ...

Ronald Reed plead guilty to bank fraud in the wake of a massive scheme involving Wells Fargo customers. Reed and three others supposedly used customer information to create fake forms ...

Two Northwoods brothers who co-own Eliason Inc. in St. Germain are facing 10 felony counts of securities fraud after failing to disclose the conditions their business was in. 31 investors ...