U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Read more
Tag: charged
Florida charity king charged with raising millions for firefighters, veterans and cancer survivors but keeping the cash for himself
The callers claimed that they were raising money for charities to help firefighters, wounded veterans and even breast cancer survivors. But prosecutors say that behind it all was a dizzying Read more
Former MoviePass execs charged with securities fraud as prosecutors allege duo lied to investors, knew ticket scheme was a gimmick
There really is no such thing as a free ticket. The former chairman and chief executive of MoviePass have been charged with criminal securities fraud for allegedly lying about whether Read more
Trump properties charged excessive rates to government, House Democrats say
WASHINGTON— House Democrats said a long-running probe found that properties controlled by former President Donald Trump’s company charged the Secret Service excessive rates on dozens of government trips but that investigators Read more
Ex-Qualcomm VP charged with fraud for hiding role in microchip startup the tech giant bought for $150 million
Talk about double-dipping. A former vice president for research and development for Qualcomm QCOM, +1.16% has been charged with fraud for allegedly being secretly behind a microchip startup the tech Read more
California man charged with naming phony film studio Desilu after famed ‘I Love Lucy’ production company to swindle investors
It was nothing to sneeze at. A man who co-created the cold remedy, Zicam, has been charged with running a phony movie business called Desilu Studios after the famed production Read more
‘Fraud is fraud’: Former Coinbase manager charged in first-ever cryptocurrency insider-trading case
A former Coinbase product manager has been charged in the first-ever cryptocurrency insider-trading case, for allegedly tipping his brother and a friend to upcoming asset listings that weren’t yet publicly Read more
Trio charged in alleged conspiracy to sell stolen lyrics to the Eagles’ ‘Hotel California’
Welcome to the jailhouse California. Three men have been charged with attempting to sell nearly 100 pages of handwritten lyrics and notes from the Eagles’ biggest-selling album, “Hotel California,” that Read more
Good money after bad: Four charged in cold-call diamond sale scheme prosecutors say was a dazzling scam
It was a pitch designed to dazzle: turn a small investment in pink diamonds into big bucks by getting ahead of a major buyer trying to corner the market. But Read more