SEC News – Fraud, Manipulation, and a Financing Scam

SEC Charges Three Former Healthcare Executives With FraudFraud charges have been announced against three former Constellation Healthcare Technologies Inc. executives who falsified financial and other information they provided to a private firm in the course of negotiating the private firm’s acquisition of a majority stake in Constellation. Houston-based Constellation filed for bankruptcy in March, a little more than a year after the January 2017 acquisition.Owner of Alternative Investment Firm Charged in Belize Airport Financing ScamThe owner of a Manhattan-based alternative investment firm has been charged with misappropriating close to $6 million in investor funds earmarked to finance the construction of an international airport in Belize. Brokerage Firms and AML Officer Charged With Anti-Money Laundering ViolationsThe SEC announced settled charges against broker-dealers Chardan Capital Markets LLC and Industrial and Commercial Bank of China Financial Services LLC…

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