Investing is a great way to secure your financial future, but it’s important to be wary of the many fraudulent schemes that exist. Understanding the risks and staying vigilant are crucial to safeguarding your assets.
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A South Carolina attorney has admitted to playing a role in concealing funds tied to a massive California-based fraud operation. Peter J. Strauss, formerly of the Strauss Law Firm, pleaded guilty to charges related to the obstruction of asset seizure by federal authorities. Original Pressreleases… CHARLESTON, S.C. — Peter J. Strauss, 45, of Beaufort, has pleaded
Attorney Admits Guilt in Hiding Millions for Convicted Fraudsters Read More »
70 Current And Former NYCHA Employees Charged With Bribery And Extortion Offenses The news last week of 70 current and former New York City Housing Authority (NYCHA) employees charged with bribery and extortion sent shockwaves through the city and beyond. In what the Department of Justice called the largest single-day takedown of its kind, a
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Introduction Cryptocurrency has become a popular investment option in recent years, with Bitcoin and other digital currencies experiencing unprecedented growth. While this growth has brought many benefits to those who have invested in cryptocurrency, it has also attracted the attention of scammers who are looking to take advantage of the unregulated nature of the cryptocurrency
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Introduction Foreign exchange, also known as forex or FX, is a global decentralized market for trading currencies. It is the largest financial market in the world, with daily trading volumes exceeding $6 trillion. The forex market is open 24 hours a day, five days a week, and involves participants from central banks, investment firms, and
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High-yield investment programs (HYIPs) are investment schemes that promise high returns on investments in a short period of time. They often use flashy marketing strategies to attract investors and typically target individual investors through online platforms or other means of advertisement. Unfortunately, many HYIPs are fraudulent schemes that are disguised as legitimate investment opportunities. These
Cyber and malware attacks are very common today in the finance industry. Detecting them is complicated and hard. Regular implementation of protective measures against new attacks is necessary. Traditional protective measures such as CVV2 and one-time passwords are not effective at combating the new cyber crime techniques.Criminals today use attacks including trojans that bypass traditional
Corporate Insider Convicted of Conspiring with Others at Long Island Boiler Room to Pump and Dump Stock on Unsuspecting Elderly Investors Illegal Stock Promotion and Manipulation Scheme Cost Victims Million of Dollars A federal jury in Central Islip returned a guilty verdict on all counts this afternoon against Michael Watts, a former registered broker, for
Former Chief Operating Officer of Davis Bio-Pesticide Company Pleads Guilty to Conspiracy to Commit Mail, Wire, and Securities Fraud SACRAMENTO, Calif. — Hector Absi, 51, of Las Vegas, Nevada, pleaded guilty today to one count of conspiracy to commit mail fraud, wire fraud, and securities fraud, U.S. Attorney McGregor W. Scott announced. According to court
Former Informix Executive Hauled Into Court On 19-Year-Old Indictment Regarding Alleged Investment Fraud Scheme Walter Konigseder arrested on investment fraud charges SAN FRANCISCO – This morning, former Informix executive Walter Konigseder appeared in federal court to face investment fraud charges laid out in an 11-count indictment filed in October of 2000, announced United States Attorney
Financial Fraud:Walter Konigseder Arrested On Investment Fraud Charges Read More »
