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
Tag: Securities Fraud
What the latest Federal Reserve interest-rate increase means for your holiday spending plans and Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam
Hi, MarketWatchers. Don’t miss these top stories. Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam Mazini, whose real name is Jebara Igbara, amassed Read more
Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam
He made his name by showing people the love, but made his fortune by ripping people off. An Instagram META, -3.90% influencer who used videos of himself handing out cash Read more
Opinion: Elon Musk’s takeover of Twitter will destroy freedom of speech, not protect it
NEW YORK (Project Syndicate)—In 1897, the American newspaper magnate William Randolph Hearst sent illustrator Frederic Remington to cover the Cuban War of Independence. When Remington relayed that “there will be no war,” Read more
SEC set to adopt rules mandating clawbacks of executive pay
U.S. stock exchanges will soon have to adopt policies that require public companies to claw back incentive-based executive pay if it is awarded due to accounting fraud or mistakes. The Read more
SEC accuses Cronos and former exec of fraud in second move in a week against a once-hyped pot stock
The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue Read more
Nikola founder Trevor Milton found guilty of securities fraud over misleading statements
A federal jury in New York convicted Nikola Corp. founder Trevor Milton of securities fraud for what prosecutors said were his repeated lies about the development of the company’s zero-emissions Read more
Nikola founder Trevor Milton found guilty of securities fraud over misleading statements
A federal jury in New York convicted Nikola Corp. founder Trevor Milton of securities fraud for what prosecutors said were his repeated lies about the development of the company’s zero-emissions Read more
‘There is no innocent explanation’: Newly released FBI files reveal Ponzi schemer Bernie Madoff’s dramatic confession as agents arrested him
Bernie Madoff managed to keep the biggest Ponzi scheme in history going for decades, but, when the FBI finally came knocking at his door on Dec. 11, 2008, he told Read more
Nikola CEO tells jury he had concerns over founder Trevor Milton’s ‘exaggerations’ to investors
Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public statements.” Read more
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