The Securities and Exchange Commission on Monday said it charged 11 individuals over their roles in the creation and promotion of a fraudulent crypto pyramid and Ponzi scheme that raised Read more
Tag: charges
SEC charges ex-congressman with insider trading over buys of Sprint, Navigant stocks
The Securities and Exchange Commission on Monday said it has filed insider trading charges against Steve Buyer, a former Republican congressman from Indiana. The SEC said Buyer bought $568,000 in Read more
Trump ally Steve Bannon convicted on contempt of Congress charges
Former Donald Trump strategist Steve Bannon was convicted on Friday by a Washington, D.C., jury of contempt of Congress. Bannon was accused of ignoring a subpoena from the House committee Read more
Ex-JPMorgan metals traders face trial on racketeering charges
Three former JPMorgan Chase employees faced a federal trial in Chicago on Friday on accusations they helped turn their trading desk into a criminal enterprise that faked precious metals futures orders to manipulate prices. The bank’s JPM, -0.31% former global precious Read more
Sepp Blatter and Michel Platini acquitted on charges of defrauding FIFA
BELLINZONA, Switzerland (AP) — Sepp Blatter and Michel Platini were acquitted on charges of defrauding FIFA by a Swiss criminal court on Friday, a rare positive outcome for the pair Read more
Ramesh ‘Sunny’ Balwani former Theranos president found guilty on all 12 fraud charges
SAN JOSE, Calif.— A federal jury convicted Ramesh “Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a yearslong fraud scheme Read more