regulation

CFTC moves for summary judgment against Alan Friedland

companies, Frauds, regulation

Following unsuccessful mediation proceedings, the CFTC has moved for abstract judgment in opposition to Alan Friedland. By means of his corporations Fintech Funding Group and CompCoin LLC, the CFTC alleges Friedland (proper) “dedicated a basic fraud“. Defendant Alan Friedland, by and thru two entities he managed, Fintech and Compcoin LLC, falsely and misleadingly solicited prospects […]

CFTC moves for summary judgment against Alan Friedland Read More »

Krstic facing life imprisonment, appeals to Human Rights court

Frauds, Options Rider, regulation

Apparently getting despatched to jail for operating Ponzi scams is a violation of human rights. Or so Krstijan Krstic’s legal professionals in Serbia would have you ever imagine. We nonetheless don’t have a call from Serbia’s Minister for Justice, however within the meantime Krstic’s authorized staff have appealed to the European Courtroom of Human Rights

Krstic facing life imprisonment, appeals to Human Rights court Read More »

Jaira David added to Krstic fraud case, indicted & arrested

Frauds, Options Rider, regulation

A sixteenth defendant has been added to the DOJ’s Kristijan Krstic Ponzi empire fraud case. Jaira David, aka Jenny Liu, Kate Muller and Alice Newtown, was indicted beneath seal on March 4th, 2020. David’s indictment was made public on July seventh, 2020. David’s indictment is a part of the Krstic indictments, that means the counts

Jaira David added to Krstic fraud case, indicted & arrested Read More »

Success by Health affiliates harassing Judge and family

Frauds, regulation, Success By Health

Success by Well being associates are harassing the Choose listening to the FTC’s case in opposition to the corporate. Choose Lanza has labeled feedback directed at him and his household as “extremely inappropriate and disturbing”. Earlier this yr a gaggle of simply over 700 associates sought to intervene within the FTC’s case. The movement was

Success by Health affiliates harassing Judge and family Read More »

Maasen, Noble, Jeppesen & Mascola settle BitConnect fraud

BitConnect, Frauds, regulation

On June 1st the SEC tabled three proposed judgments in opposition to BitConnect defendants Joshua Jeppesen, Ryan Maasen and Laura Mascola. A partial judgment was tabled for Michael Noble. Every of the proposed judgments have been consented to by the defendants. On June third the SEC was directed to make a further submitting, explaining why

Maasen, Noble, Jeppesen & Mascola settle BitConnect fraud Read More »

FSCA announces they “might” fine MTI $6.9 million

Frauds, Mirror Trading International, regulation

Seven months after raiding Mirror Buying and selling Worldwide’s South African workplaces, the FSCA has introduced its intent high quality the corporate. Oh my god simply do it already… As reported by MyBroadband, the FSCA has confirmed “MTI violated a number of completely different legal guidelines in three distinct intervals of its existence.” The FSCA

FSCA announces they “might” fine MTI $6.9 million Read More »

CashFX Group securities fraud warning issued in Ireland

CashFX Group, Frauds, regulation

CashFX Group has obtained a securities fraud warning from the Central Financial institution of Eire. The Central Financial institution of Eire is Eire’s high monetary regulator (assume SEC within the US). As per the July fifth warning, the Central Financial institution of Eire writes; It has come to the eye of the Central Financial institution

CashFX Group securities fraud warning issued in Ireland Read More »

Kripto Future securities fraud warning issued by Spain

companies, Frauds, regulation

Kripto Future has acquired a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores. The CNMV is Spain’s high monetary regulator (SEC equal). As per the CNMV’s June twenty eighth warning, Kripto Future will not be authorised to offer the funding providers detailed in Article 140 of the Spanish Securities Markets Act, which embrace

Kripto Future securities fraud warning issued by Spain Read More »

Mirollex securities fraud warning issued in Spain

companies, Frauds, regulation

Mirollex has acquired a securities fraud warning from Spain’s Comision Nacional del Marcado de Valores. The CNMV is Spain’s prime monetary regulator (SEC equal). As per the CNMV’s June twenty eighth warning, Mirollex just isn’t authorised to supply the funding companies detailed in Article 140 of the Spanish Securities Markets Act, which embody funding recommendation.

Mirollex securities fraud warning issued in Spain Read More »

CashFX Group securities fraud warning issued in South Africa

CashFX Group, Frauds, regulation

CashFX Group has acquired a securities fraud warning type South Africa’s Monetary Sector Conduct Authority. As per the FSCA’s warning, CashFX Group isn’t authorised to provide any monetary recommendation or render any middleman companies when it comes to the Monetary Advisory and Middleman Providers Act, 2002 (FAIS Act). CFX isn’t regulated by the FSCA and

CashFX Group securities fraud warning issued in South Africa Read More »