Glen Cove Broker Sentenced for Defrauding Investors in Pre-IPO Scam
MINEOLA, NY – Nassau County District Attorney Anne T. Donnelly announced today that a former investment broker from Glen Cove has been sentenced to up to seven-and-a-half years in prison for a…
Fed says banks in good shape despite volatility, warns on prime broker risk
By Pete Schroeder WASHINGTON – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned them against prime brokerage services that come…
Albuquerque investment broker pleads guilty to mail and wire fraud and failure to file tax returns
ALBUQUERQUE, N.M. – Richard Kessler, 50, of Albuquerque, pleaded guilty on April 18 in federal court to one count each of mail fraud and wire fraud and four counts of failure to…
Real Estate Broker Lawrence Vecchio Announces Web-based Solution for Real Estate Industry
KEYPORT, N.J., April 14, 2022 — At a Major Real Estate Conference recently held in New York, noted web-savvy real estate visionary, Larry Vecchio, unveiled an exclusively offered, web-based solution set to…
Broker TP ICAP shares jump 11% after U.S. hedge fund urges sale
– Shares of the world’s largest inter-dealer broker TP ICAP jumped as much as 11% on Wednesday after U.S. hedge fund Phase 2 Partners asked the British company to explore a sale.…
Delaware County Ticket Broker Sentenced to Six Months for Conspiring to Sell Stolen U.S.G.A. Open Tickets Worth Over $1.2 Million
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that James Bell, 70, of Glen Mills, PA, who owns and operates Sherry’s Theater Ticket Agency, Inc. (“Sherry’s Tickets”), was sentenced today by…
Insurance broker Marsh to exit Russia
– Marsh & McLennan, the world’s largest insurance broker, said on Thursday it will exit all of its businesses in Russia. “We intend to transfer ownership of our Russian businesses to local…
Broker Peel Hunt flags profit miss on delay in investment banking deals
– British broker Peel Hunt said on Wednesday it expected full-year earnings to miss analyst views, hurt by deal delays in its investment banking unit and a slowdown in its trading division,…
Customs Broker Arrested on Federal Indictment Alleging Tax Evasion and Scheme to Defraud Japanese Retail Chain Out of $3.4 Million
SANTA ANA, California – A customs broker was arrested today on a federal grand jury indictment charging him with evading the payment of $1.5 million in taxes and engaging in a…
Watch: Trump personally congratulated Republican truck driver Ed Durr after defeating Democrat power broker Steve Sweeney
New Jersey’s most powerful Democrat has been dethroned. New Jersey Senate President Steve Sweeney lost by 4 points in last Tuesday’s election to a relatively unknown truck driver, Republican Ed Durr. This…
Ticket Broker Convicted in Scheme To Fraudulently Sell Chicago White Sox Tickets
CHICAGO — A federal jury has convicted a ticket broker on fraud charges for scheming to sell thousands of discounted Chicago White Sox tickets without the team’s authorization. BRUCE LEE, who owned…
Cattle Broker Sentenced to Prison for Wire Fraud, Ordered to Pay $2.1 Million in Restitution
MACON, Ga. – A Georgia cattle broker was sentenced to prison and was ordered to pay millions in restitution after he pleaded guilty to wire fraud in a scheme defrauding an investor…
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