State Securities Regulators Reach Settlement with Vanguard
State Securities Regulators Reach Settlement with Vanguard **TRENTON, NJ** – The Office of the Attorney General, Division of Consumer Affairs, and Bureau of Securities have announced that New Jersey is part of…
Rockland County Man Sentenced To 7 Years For Ponzi-Like Securities Fraud Scheme Targeting Local Haitian Community
Damian Williams, the United States Attorney for the Southern District of New York, announced that RULESS PIERRE was sentenced to 84 months in prison yesterday in connection with his Ponzi-like securities fraud…
Tequila Entrepreneur Sentenced To Prison For Securities Fraud
Damian Williams, the United States Attorney for the Southern District of New York, announced that JOSEPH CIMINO was sentenced today to 18 months in prison, in connection with his scheme to induce…
INNOVATIVE INDUSTRIAL PROPERTIES, INC. (NYSE: IIPR) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Innovative Industrial Properties, Inc. (NYSE: IIPR)
Did you lose money on investments in Innovative Industrial Properties? If so, please visit Innovative Industrial Properties, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or The Daily Caller News Foundation to discuss…
CEO Of Private Equity Fund Sentenced To 97 Months For $133 Million Bank And Securities Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that defendant ELLIOT SMERLING was sentenced to 97 months in prison for a multi-year bank and securities fraud…
Cybercriminal Charged with Unauthorized Computer Intrusion, Securities Fraud, Wire Fraud and Other Crimes
A criminal complaint was unsealed today in federal court in Brooklyn charging Idris Dayo Mustapha, a citizen of the United Kingdom, with computer intrusion, securities fraud, money laundering, bank fraud and wire…
Philadelphia Woman Sentenced to 109 Months in Prison for $100 Million Securities Fraud Scheme
NEWARK, N.J. – An investment fund manager was sentenced today to 109 months in prison for orchestrating a $100 million securities fraud scheme, U.S. Attorney Philip R. Sellinger announced. Brenda Smith, 61,…
Santa Clarita Man Agrees to Plead Guilty to Securities Fraud for Bilking Investors Who Purchased Real Estate ‘Coupon Bonds’
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 has agreed to plead guilty…
INNOVATIVE INDUSTRIAL PROPERTIES, INC. (NYSE: IIPR) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Innovative Industrial Properties, Inc. (NYSE: IIPR)
Did you lose money on investments in Innovative Industrial Properties? If so, please visit Innovative Industrial Properties, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or The Daily Caller News Foundation to discuss…
Former Chief Operating Officer of Davis Bio-Pesticide Company Sentenced to 2 Years in Prison for Conspiracy to Commit Mail, Wire, and Securities Fraud
SACRAMENTO, Calif. — Hector Absi, 51, of Las Vegas, Nevada, was sentenced today to two years in prison for conspiracy to commit mail fraud, wire fraud, and securities fraud, U.S. Attorney Phillip A.…
Colorado CEO and Fund Manager Admits to $11 Million Securities Fraud Scheme
NEWARK, N.J. – A Denver, Colorado, CEO today admitted conducting a securities scheme to fraudulently obtain $11 million from investors through various misrepresentations about fund operations, his background, and his contribution to…
New York Man Sentenced To 56 Months In Prison For Defrauding Investors Of More Than $3.5 Million Through Securities Offering Scheme
TRENTON, N.J. – A New York man was sentenced to 56 months in prison on March 31, 2022 for perpetrating a scheme to defraud more than 70 investors through a long-running securities…
East Bay Resident Charged In Insider Trading Securities Fraud Scheme
OAKLAND–A federal grand jury handed down an indictment charging Dileep Kumar Reddy Kamujula with securities fraud in connection with alleged illegal securities trading based on inside information obtained from an employee of…
CEO of Local Financial Firm Sentenced in Multi-Million Dollar Securities and Tax Fraud Scheme; Forfeits Millions
Assistant U.S. Attorney Carl F. Brooker, IV (619) 546-7994 NEWS RELEASE SUMMARY – March 17, 2022 SAN DIEGO – David John Nava of La Jolla was sentenced in federal court today to…
Essex County Man Sentenced to 108 Months in Prison for Mortgage and Securities Fraud Schemes
NEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 108 months in prison for conspiring to obtain mortgage loans to finance the sale of properties to unqualified buyers,…
John Barksdale Charged With Cryptocurrency Securities Fraud In Connection With Sale Of Ormeus Coin
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky Patel, Acting Special Agent in Charge of the New York Field Office of Homeland Security Investigations (“HSI”),…
North Carolina Man Charged with Wire Fraud, Securities Fraud, and Money Laundering in Connection with Ponzi Scheme
NEWARK, N.J. – A North Carolina man was charged today for defrauding at least 25 people by operating a Ponzi scheme, U.S. Attorney Philip R. Sellinger announced. David Schamens, 64, of Greensboro,…
Ohio-Based Stock Trader Pleads Guilty To Securities Fraud
Damian Williams, the United States Attorney for the Southern District of New York, announced today that STEVEN GALLAGHER pled guilty to one count of securities fraud. GALLAGHER, using the alias “Alex DeLarge,”…
Former Founder And Ceo Of Nanotechnology Company Convicted Of Multimillion-Dollar Securities Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES JEREMY BARBERA was convicted today following a one-week jury trial before the Honorable John G. Koeltl. …
Founder And Former Chief Investment Officer Of New York Based Investment Adviser Charged With Securities Fraud And Obstruction Of Justice
Damian Williams, United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), announced…
California Man Admits Role in $50 Million Wire and Securities Fraud Scheme
NEWARK, N.J. – A California man today admitted conspiring to commit wire and securities fraud in connection with his role in a $50 million internet-enabled fraud scheme, U.S. Attorney Philip R. Sellinger…
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