Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Former Chief Financial Officer Of Email Security Company Pleads Guilty To $50 Million Scheme To Defraud Investors And Lenders
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIHAT CARDAK, the former Chief Financial Officer (“CFO”) of the Virginia-based email security company GigaMedia Access…
Former Registered Broker Sentenced to 5 Years’ Imprisonment for Conspiring with Long Island Boiler Room to Pump and Dump Stock on Unsuspecting Elderly Investors
Earlier today, in federal court in Central Islip, Lawrence Isen, a former registered broker who participated in a criminal conspiracy to promote and manipulate the price of shares in publicly traded companies,…
BlackRock Will Partner With Ukraine To Help Attract Investors, Rebuild Country, Zelenskyy Says
BlackRock Will Partner With Ukraine To Help Attract Investors, Rebuild Country, Zelenskyy Says John Hugh DeMastri on December 28, 2022 The Office of Ukrainian President Volodymyr Zelenskyy announced Wednesday that he had…
Chandler Man Sentenced to 33 Months for Defrauding Investors
TUCSON, Ariz. – On December 12, 2022, Jeffrey D. McHatton, 68, of Chandler, Arizona, was sentenced by United States District Judge Rosemary Márquez to 33 months in prison. McHatton was previously found…
Corporate Insider Sentenced to 10 Years’ Imprisonment for Conspiring with Long Island Boiler Room to Pump and Dump Stock on Unsuspecting Elderly Investors
Earlier today, in federal court in Central Islip, Jeffrey Chartier, a former registered broker who participated in a criminal conspiracy to promote and manipulate the price of shares in publicly traded companies,…
Dow Plunges Nearly 500 Points As China Fears Rattle Investors
Dow Plunges Nearly 500 Points As China Fears Rattle Investors John Hugh DeMastri on November 28, 2022 The Dow Jones Industrial Average fell nearly 500 points Monday afternoon, down roughly 1.45% at…
Investors Flee The Housing Market In Troubling Sign For The Economy
Investors Flee The Housing Market In Troubling Sign For The Economy John Hugh DeMastri on November 22, 2022 Investors bought 30% fewer homes in the third quarter of 2022 compared to the…
Calabasas Man Sentenced to 17½ Years in Prison for Scamming Cannabis Vaping Business Investors Out of More Than $35 Million
LOS ANGELES – A former UCLA decathlete who also competed with the Philippines national team was sentenced today to 210 months in federal prison for fraudulently raising more than $45 million…
Tucson Couple Sentenced to 5 Years for Stealing $5 Million from Investors
TUCSON, Ariz. – On November 15, 2022, Michael Feinberg, 73, and Betsy Feinberg, 80, both of Tucson, Arizona, were sentenced by United States District Judge James A. Soto to 60 months in…
Santa Clarita Man Sentenced to Nearly 6½ Years in Prison for Stealing $1.7 Million from Investors via His Real Estate ‘Coupon Bond’ Scam
LOS ANGELES – A Santa Clarita resident who invested in real estate and sold “coupon bonds” that promised regular interest payments on top of principal repayment was sentenced today to 77…
Arcadia Woman Sentenced to 20 Years in Prison for Multimillion-Dollar Fraud Targeting Investors in Coachella Valley Development
LOS ANGELES – A San Gabriel Valley woman was sentenced today to 240 months in federal prison for causing tens of millions of dollars in losses to investors who provided funds…
Founder Of Cyberfraud Prevention Company Sentenced To Five Years In Prison For Defrauding Investors Out Of Over $100 Million
Damian Williams, the United States Attorney for the Southern District of New York, announced that ADAM ROGAS, the co-founder and former CEO, CFO, and member of the board of directors of a…
‘Fraud On American Investors’: Republicans Plan Crackdown On Woke Investing Following The Midterms
‘Fraud On American Investors’: Republicans Plan Crackdown On Woke Investing Following The Midterms Jack McEvoy on November 2, 2022 Republican lawmakers will probe the Securities Exchange Commission (SEC) and large private investors…
Restaurants Are Moving Toward a Fast Casual Model and Why Investors Love It
Lauren fernandez Restaurant Industry Expert Lauren Fernandez Breaks Down Important Trend and Predicts Future Growth The restaurant industry has certainly changed over the past few years, and one trend is that many…
Online Investors Believe A Banking Titan Might Be On The Verge Of Collapse, Analysts Disagree. Here’s Why
Online Investors Believe A Banking Titan Might Be On The Verge Of Collapse, Analysts Disagree. Here’s Why John Hugh DeMastri on October 6, 2022 Shares of Swiss banking giant Credit Suisse…
Former Washington state resident indicted for defrauding investors and marijuana businesses
Seattle – A 42-year-old Las Vegas man, who previously lived in Bellevue, Washington, is facing a 25-count indictment charging him with wire fraud and securities fraud, announced U.S. Attorney Nick Brown. Justin…
Online Trading School Defrauded New Jersey Investors, Attorney General Alleges in Order
by NJ Attorney General Matt Platkin NEWARK – Acting Attorney General Matthew J. Platkin today announced that the New Jersey Bureau of Securities (“the Bureau”) issued a civil Summary Penalty and Cease…
Former CEO Of Email Security Company Pleads Guilty To $50 Million Scheme To Defraud Investors And Lenders
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ROBERT BERNARDI, the founder, and former Chief Executive Officer of the Virginia-based email security company GigaMedia…
Robert Lenard Booth Sentenced To Ten Years For Defrauding Investors Of Over $2 Million In International Boiler Room Scheme
Damian Williams, United States Attorney for the Southern District of New York, announced today that ROBERT LENARD BOOTH, a/k/a “Trevor Nicholas,” was sentenced to ten years in prison for defrauding investors of…
South Bay Man Indicted for Alleged Scheme that Used Name of Famous Television Production Company to Swindle Investors
LOS ANGELES – A South Bay man was charged today in a federal grand jury indictment alleging he used the “Desilu” name – the same name used by Lucille Ball and…