Fraud

Missouri News: Missouri Attorney General Josh Hawley Obtains Second Conviction Against Former Perry County Coroner Herbert Miller

Jefferson City, MO – Missouri Attorney General Josh Hawley announced that his Office has obtained another conviction against Perry County Coroner Herbert Miller for stealing more than $3,300 dollars from Tom and Lila Welsh of Perry County, Missouri. The Missouri Attorney General’s Office previously obtained felony convictions against Miller for felony stealing and financial exploitation … Continue reading Missouri News: Missouri Attorney General Josh Hawley Obtains Second Conviction Against Former Perry County Coroner Herbert Miller

CFTC News: Federal Court Orders Defendants to Pay More Than $11 Million in Connection with Commodity Pool Fraud

Permanent injunction issued against Scott Allensworth d.b.a. Capital Growth Group Associates and Cobra Development Group, LLP, Robert J. Fusco, David Weddle in connection with two separate fraudulent commodity trading schemes Washington, DC — The Commodity Futures Trading Commission (CFTC) today announced an Order of default judgment and permanent injunction has been issued against defendants Scott … Continue reading CFTC News: Federal Court Orders Defendants to Pay More Than $11 Million in Connection with Commodity Pool Fraud

CFTC News: CFTC Wins Judgment against Commodities Trader, Mark R. Slobodnik, for Commodity Pool Fraud, Including Misappropriating Funds

Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that Defendant Mark R. Slobodnik of Libertyville, Illinois, has been ordered to pay approximately $370,000 in fines in connection with a $1.76 million commodity pool fraud operated under the name Blue Guru, LLC. Judge Manish Shah, of the U.S. District Court for the Northern … Continue reading CFTC News: CFTC Wins Judgment against Commodities Trader, Mark R. Slobodnik, for Commodity Pool Fraud, Including Misappropriating Funds

SEC News: SEC Charges Kentucky Man for Role in Nationwide Oil Investment Scheme

Securities and Exchange Commission v. Jared Gabriel Forrester, Civil Docket No. 4:18-cv-00283-RSB-JEG (S.D. Ga. filed November 30, 2018) WASHINGTON – The Securities and Exchange Commission charged a 35-year-old Kentucky man for his role in a scheme that resulted in the fraudulent offering and sale of at least $15 million of securities to more than 150 … Continue reading SEC News: SEC Charges Kentucky Man for Role in Nationwide Oil Investment Scheme

Washington State News: AG Ferguson files lawsuit against Holiday Treasure Chest founder

Ferguson alleges founder used charity funds for Match.com subscription, other personal expenses OLYMPIA, WA — State of Washington Attorney General Bob Ferguson has filed a lawsuit in King County Superior Court against the Holiday Treasure Chest Charity Foundation and its founder, Mark Bergeson, accusing him of using the charity for his own personal gain. In … Continue reading Washington State News: AG Ferguson files lawsuit against Holiday Treasure Chest founder

SEC News: SEC Brings Additional Charges in New York Boiler Room Scheme Targeting Seniors

Securities and Exchange Commission v. Mark Burnett, Jeffrey Miller, Christian Romandetti, Frank Sarro, Anthony Vassallo, and Elite Stock Research, Inc., No. 18-cv-06501 (E.D.N.Y. filed Nov. 15, 2018) WASHINGTON – The Securities and Exchange Commission (SEC) today brought additional charges against a Long Island, New York-based boiler room previously sued for defrauding elderly and unsophisticated investors.  The … Continue reading SEC News: SEC Brings Additional Charges in New York Boiler Room Scheme Targeting Seniors

SEC News: SEC Charges Giga Entertainment Media, Former Officers and Directors With Fraud in Pay-For-Download Campaign

Washington D.C. – The Securities and Exchange Commission today charged Giga Entertainment Media Inc. and five of its former officers and directors—Gary Nerlinger, Jarret Streiner, Lawrence Silver, Alfred Colucci, and Charles Noska—with fraud in connection with a scheme to mislead investors. According to the SEC’s complaint, between February and August 2016, the company bought at least … Continue reading SEC News: SEC Charges Giga Entertainment Media, Former Officers and Directors With Fraud in Pay-For-Download Campaign