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Financial Market News
You are at:Home»Posts Tagged "Securities fraud" (Page 2)

CFPB fines Equifax $15 million over errors on credit reports

By FinMar NewsJanuary 18, 2025

Elijah Nouvelage/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct…

Madoff victim fund covers most of Ponzi scheme losses: DOJ

By FinMar NewsDecember 31, 2024

Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City. Madoff attended a hearing regarding the conflicting status of his legal representation…

CFPB sues Comerica Bank over federal benefits program

By FinMar NewsDecember 7, 2024

A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ImagesThe Consumer Financial Protection Bureau filed…

$200 million Ponzi scheme nets Florida woman 20-year prison sentence

By FinMar NewsDecember 4, 2024

Screenshot of Johanna Michely Garcia of MJ Capital Funding, who was sentenced on Dec. 3, 2024, to 20 years in prison in a Ponzi scheme.Source: MJ…

Swiss wealth manager Lombard Odier indicted for money laundering

By FinMar NewsNovember 29, 2024

A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland.Bloomberg | Bloomberg | Getty ImagesLombard Odier — one of Switzerland’s oldest private banks —…

Billionaire Gautam Adani charged with fraud, bribery in New York

By FinMar NewsNovember 22, 2024

Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat, India, on Jan. 10, 2024.Punit…

FTX co-founder Gary Wang avoids prison time for role in crypto fraud

By FinMar NewsNovember 20, 2024

Gary Wang, a former executive of bankrupt cryptocurrency exchange FTX, who testified against founder Sam Bankman-Fried, attends his sentencing on fraud charges at the United States…

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

By FinMar NewsNovember 11, 2024

Changpeng Zhao, founder of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16,…

Crypto CEO Horst Jicha skips bond in fraud case

By FinMar NewsOctober 12, 2024

Horst Jicha discussing cryptocurrency.Source: Team Business Global | YouTubeA German national who was under home detention in New York City on a $5 million bond guaranteed…

Digital bank Revolut slams Meta over approach to scams

By FinMar NewsOctober 4, 2024

Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling…

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Energy News

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Hungary’s nuclear power shortage opens door to market liberalisation

Banks News

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Over 300 Asia-Pacific finance leaders to gather in Hanoi for TRF’26

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Real Estate News

RioCan Real Estate Investment Trust Q2 Earnings Call Highlights

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Fannie hits Chaim Bialostozky with Chicago foreclosure as Walker & Dunlop’s

3 New York neighborhoods that capture the state’s character

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