Tag Archives: fraud

Government Suspends Trading at Seven Firms Across US in Penny Stock Fraud Case

In December 2011, the federal government suspended trading at seven US investment firms for allegedly participating in penny stock fraud. Penny stock fraud occurs when investment advisers or stockbrokers act negligently by encouraging investors to buy stock in small companies … Continue reading

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Avoiding Identity Fraud Which Will Hit Upon Your Credit Scores

If the credit standing is unsettling, chances could well be you have made an error in your background and that is causing your rating to decrease. If this is the problem, never ever fret as there are a plethora of … Continue reading

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Builder Sentenced for $2M Mortgage Fraud

Richard D. Guerard, 43, Savannah, Georgia, was sentenced by U.S. District Judge William T. Moore, Jr. at the U.S. Courthouse in Savannah, Georgia, to 52 months in prison in connection with a conspiracy to defraud over $2 million from the … Continue reading

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CPO and Floridians charged with forex fraud

CPO and Floridians charged with forex fraud The CFTC has filed a complaint against Alpha Trade Group ("ATG"), an unregistered Commodity Pool Operator ("CPO") and its employees, directors, and agents Jose Martinez, Welinton Bautista, Maria Gutierrez, Yehodiz Padua, Maria Rodriguez, … Continue reading

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Mortgage Loan Fraud Suspicious Activity Reports Increasing

In a Second Quarter 2011 Analysis of mortgage loan fraud suspicious activity reports, financial institutions filed 29,558 Mortgage Loan Fraud SARs in the second quarter of 2011, up from 15,727 reported in the same quarter of 2010. Read more detail … Continue reading

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