Investment fraud

From FeedX

Enter your search terms Web feedx.net Submit search form

• Hyacinth_mother_myth

structured_settlement contract_management_software note_buyers investment_fraud content_management home_equity_loans cash_advance payday_loan

• structured_settlement

contract_management_software note_buyers investment_fraud content_management home_equity_loans cash_advance payday_loan* structured_settlement contract_management_software note_buyers investment_fraud content_management home_equity_loans cash_advance payday_loan

[edit] AIG Execs Re-Distributed Shareholder Wealth to Themselves

8 October 2008, by by Deb Cupples | Yesterday, I did a post about how Lehman Brothers' executives (with Board members' approval) redistributed billions in shareholder wealth (to themselves) -- some of it while the company wasn't doing well. The news came from a House Oversight Committee hearing on Monday about Lehman's bankruptcy. Tuesday, the Oversight Committee held a hearing about AIG, which accepted an $85 billion taxpayer-funded bailout last month. Incidentally, AIG has already spent $61 billion of th

[edit] The Big Picture | Understanding the Significance of Mark-to-Market Accounting

8 October 2008, by triple_entendre somehow I don't think I agree with "either side" of this issue. but what *is* apparent to me is that no one learned anything from Enron's collapse. -trip

[edit] Ex-Artist Says She Dated Vilar to Get Information (Update1) - Bloomberg

7 October 2008, by

[edit] Summers County Seniors Learn More About Investment Fraud - WVNS

7 October 2008, by

[edit] Sewall's Point couple plead guilty in investment fraud (The Palm ...

7 October 2008, by unknown A Sewall's Point couple has pleaded guilty to federal fraud charges for lying to investors across South Florida to get them to invest in foreign...

[edit] Man held in LA on 1986 fraud indictment - San Jose Mercury News

7 October 2008, by

[edit] Norman Hsu Tied to Ponzi Scheme - New York Times

7 October 2008, by

[edit] Petters allegedly has $10M Vegas gambling losses - Minneapolis Star Tribune

7 October 2008, by

[edit] SEC Charges Norman HSU with Fraud related to running a Ponzi Scheme

7 October 2008, by admin Hsu, a former resident of California and New York, is in federal custody awaiting trial on federal criminal charges of investment fraud and wire fraud in connection with his operation of the alleged nationwide Ponzi scheme. ...

[edit] AMD Divides Operations to Conquer Intel

7 October 2008, by AMD Divides Operations to Conquer Intel October 7th, 2008 Advanced Micro Devices is splitting into two companies with the help of a massive cash infusion by investors in the United Arab Emirates capital Abu Dhabi. AMD will continue designing semiconductor chips for computers and servers. The spinoff, called “The Foundry Company,” will focus on manufacturing semiconductor chips. The corporate split will be financed with $6 billion in capital from Advanced Technology Investment Company, whic

[edit] Claim amounts determined in Nacogdoches investment fraud case - Lufkin Daily News

7 October 2008, by

[edit] Lehman Execs Re-Distributed Billions in Shareholder Wealth to Themselves, House Republicans Curse the Investigation

7 October 2008, by by Deb Cupples | Just weeks ago, investment-banking giant Lehman Brothers filed for bankruptcy protection. It's the biggest bankruptcy in U.S. history (bigger than Enron's and WorldCom's) and has had toxic effects on our nation's economy. From 2000 through 2007, Lehman CEO Richard Fuld pocketed 300+ million shareholder dollars (including $60 million in cash), apparently in the form of perfectly legal compensation. Lehman's shareholders are likely unhappy about the laws (or lack of laws)

[edit] State auditor coming to Beckley to talk about investment scams - Beckley Register-Herald (subscription)

7 October 2008, by

[edit] Claim amounts determined in investment fraud case

7 October 2008, by unknown Hundreds of George Hudgins' investment fraud victims have a better idea of how much money they stand to recover following recommendations filed by the receiver in federal court last Wednesday.

[edit] Losses on Securities Issued by Financial Firms Give Rise to ...

6 October 2008, by Investment Fraud Lawyer Blog Page Perry has noticed a significant increase in legal claims associated with investor losses in financial firm securities, including bonds, preferred stocks, and common stocks. These claims are generally based on unsuitability abuses ...

[edit] Money linked to investment scam sought by trustee - WRCB-TV

6 October 2008, by

[edit] 2008 Investor Fraud Traps

6 October 2008, by Steve Borsch Online Affinity Fraud: In a new twist on affinity and online investment fraud, Tyler said NASAA members are concerned that unscrupulous individuals are trying to use social networking websites to lure people to meetings that may promote ...

[edit] British Columbia Securities Commission: Research Demonstrates ... - Market Wire (press release)

6 October 2008, by

[edit] Wall Street to Say "No Thank You" to Bailout Funds?

6 October 2008, by by Deb Cupples | The Guardian UK reports: "Fears are mounting that many Wall Street banks and financial firms will refuse to participate in the US government's $700bn bail-out package, leaving global markets and world economies in a perilous state for months to come. "'There is a growing feeling that banks ... might instead decide to tough it out,' said Thomas Caldwell, chairman and CEO of Caldwell Financial, a $1bn-plus fund manager." Why, you may wonder, are executives who lobbied for our

[edit] Executives Took Home Millions While Driving Companies (and our Economy) into Ditch

6 October 2008, by by Deb Cupples | Levels of complexity vary from business to business, but most businesses have one fundamental thing in common: money comes in and money goes out. Every dollar spent on executive pay, for example, is one less dollar to pay down a business's debts, to invest in expanding the business, to raise essential employees' pay (thus raising our nation's median income), or to create jobs. As I reflect on the $700 billion bailout package (and other bailouts) that Congress and Presi

[edit] Ponzi scheme - Wikipedia, the free encyclopedia

5 October 2008, by alavoie

[edit] H.R. 1424 - Congress Sells Soul to the Bankers & Gives Americans the Boot

4 October 2008, by It’s wait and see after Bush signs rescue plan By JIM ABRAMS, Associated Press Writer 2 hours, 18 minutes ago WASHINGTON - After two weeks of anguishing debate, Congress has passed and President Bush signed a massive plan to save the financial industry and the economy at large from an unthinkable free fall. Now, the world holds its breath, seeing if it will work. Passage of the $700 billion financial rescue package came after Treasury Secretary Henry Paulson at a meeting last month shock

[edit] Wall Street’s Creatures in Congress: Pork-Sucking Mercenaries In Service Of Finance Capital, Not You.

3 October 2008, by Wall Street’s Creatures in Congress: Pork-Sucking Mercenaries In Service Of Finance Capital, Not You. Oct 3rd, 2008 by Da' Buffalo Where’s the Pork? Here’s the pork: Embedded video from CNN Video More information here, from CNN Roll Call… Who voted for/against/not at all? Here’s an interactive, updating CNN Bail Out Tracker Treasury Secretary Henry Paulson and his designated wrecking crew have but one objective: theft. Their own world is doomed - “The system is de-leveraging and

[edit] Wall Street’s Creatures in Congress: Pork-Sucking Mercenaries In Service Of Finance Capital, Not You.

3 October 2008, by Wall Street’s Creatures in Congress: Pork-Sucking Mercenaries In Service Of Finance Capital, Not You. Oct 3rd, 2008 by Da' Buffalo Where’s the Pork? Here’s the pork: Embedded video from CNN Video More information here, from CNN Roll Call… Who voted for/against/not at all? Here’s an interactive, updating CNN Bail Out Tracker Treasury Secretary Henry Paulson and his designated wrecking crew have but one objective: theft. Their own world is doomed - “The system is de-leveraging and

[edit] Page Perry's Market Monitor -October 3,2008

3 October 2008, by unknown The Bush Administration proposed a $700 billion bailout plan to purchase bad mortgage investments from financial companies. • On Monday, September 29, Congress rejected President Bush’s proposed $700 billion bailout plan. ...

[edit] Investment fraud accused granted bail with house arrest - The ...

3 October 2008, by unknown Investment fraud accused granted bail with house arrest The Herald Eastern Cape, South Africa - 32 minutes ago Shirwin Glenn Schuster, of Holland Park, Port Elizabeth, appeared in the commercial crimes court on 15 counts of fraud and ...

[edit] Investment fraud accused granted bail with house arrest

3 October 2008, by unknown A FORMER Standard Bank financial investment consultant who allegedly enticed bank clients to invest in his business after promising lucrative returns, was granted R5000 bail yesterday.

[edit] NASAA

2 October 2008, by utuado

[edit] Massive Investment Fraud

2 October 2008, by unknown At the same time Wall Street is playing out a slow-motion train wreck, we're watching our own old-fashioned investment fraud play out here in the Twin Cities. Just down the street from my home is the gleaming new headquarters building ...

[edit] Not One Dime!

2 October 2008, by "The mystery has been solved. For nearly a year, we have been asking ourselves why the investors and foreign banks that bought up hundreds of billions of dollars of worthless mortgage-backed securities (MBS) from US investment banks have not taken... read more

[edit] Understanding the Significance of Mark-to-Market Accounting

2 October 2008, by smaugg

[edit] [October 02 2008 Travus T. Hipp Morning News & Commentary: The US Economic Crisis, Herman Melville’s ‘The Confidence Man’, And The Essential Relationship Of Man With His Own Future]

2 October 2008, by [October 02 2008] Travus T. Hipp Morning News & Commentary: The US Economic Crisis, Herman Melville’s ‘The Confidence Man’, And The Essential Relationship Of Man With His Own Future Oct 2nd, 2008 by Da' Buffalo “All The News You Never Knew You Needed To Know …Until Now.” In The News: Ten Years Ago Today: “The League of Women Voters is withdrawing sponsorship of the presidential debates…because the demands of the two campaign organizations would perpetrate a fraud on the American voter. It

[edit] The Big Picture | Understanding the Significance of Mark-to-Market Accounting

2 October 2008, by perich "In my office, we don't buy our clients beanie babies or Star Wars collectibles or 1964 Ferrari 275GTBs. We purchase stocks and ETFs and bonds and preferreds for them (some clients also own options and commodities). Why? Because we believe -- and our clients have insisted upon -- the need for instant liquidity. Nothing we have purchased cannot be liquidated on a moments notice. We know what the fair value of these holdings are second by second."

[edit] Americas Watchdog Expands Its Advocacy for Individuals or Businesses Cheated in the Auction Rate Securities Debacle and ...

2 October 2008, by For nearly eight months, Americas Watchdog has been battling for all consumers and businesses victimized by Wall Street stock brokerage firms, investment bankers and U.S. banks involved in the sales of extremely high risk securities, called auction rate securities. According to Americas Watchdog, ...

[edit] What would Galbraith do?

1 October 2008, by I keep thinking about what John Kenneth Galbraith (1908-2006) would have had to say about the financial markets meltdown. In his later years, Galbraith used the term “innocent fraud” to describe the way the economy had fallen under the sway of corporate managers looking for short-term personal windfalls, rather than shareholders interested in sound long-term business strategies, or governments worried about broader societal interests. Regulators should have reined in the greedy insiders—we c

[edit] Th’at Congress - they have some nerve asking us for more money - who do they serve - apparently - folks on this list - US bailouts

1 October 2008, by Top Contributors Senator Christopher J. Dodd 2003 - 2008 Election Cycle: 2008 Total of itemized contribution records of $200 or more: $11,729,148. To search these 9913 contributions for this member, click here . Contributor Total Citigroup Inc $314,694 SAC Capital Partners $282,000 United Technologies $263,400 Royal Bank of Scotland $229,950 American International Group $224,678 Bear Stearns $205,600 St Paul Travelers

[edit] Keeping Paulson and Company Out of Jail !!

30 September 2008, by Bob Swern writes: The true extent and intent of the details of U.S. Treasury Secretary Paulson's one-sided bailout plan are finally beginning to make it to the light of day.  (There were times when I was certain some of this information wouldn't get out; but, tonight it is.) It is very, very scary stuff, ...

[edit] House Rejects Bailout Plan; Markets Tank; House Goes for a Do-Over?

29 September 2008, by by Teh Nutroots |At TMV, Patrick Edaburn has the story: In a major upset, the US House of Representatives has voted against passage of the $700 billion bailout bill. The vote was 228-205 against. Democrats voted 141-94 in favor of the measure while Republicans voted 131-67 in opposition to the proposal. There are now discussions as to whether or not a new vote sometime later today. Reacting to the news, the Dow Jones is down by a range of 400-600 points. At one point the drop was over 700 poi

[edit] TARP bill still has serious flaws - call your congressperson!

29 September 2008, by The Troubled Asset Relief Program (TARP) Bill, which is being voted on today by the House of Representatives, doesn’t require any transparency for the sales transactions when the Treasury dumps the troubled assets it has bought. Why? Mortgages and Default Swap Loans Hidden From View Because when prices begin to rise, rather than hold the assets and make gains for the American people, the Treasury will be selling them as quickly as possible to foreign and domestic banks. The language in the

[edit] A Speech Barack Obama Could Give to Win the Presidency, Ron Paul, and Carroll Quigley’s “Tragedy and Hope”

29 September 2008, by A Speech Barack Obama Could Give to Win the Presidency, Ron Paul, and Carroll Quigley’s “Tragedy and Hope” Senator Obama, free of charge here is a speech you could use to beat McCain. Also, a comment and request for your opinion on Ron Paul’s reference to the historian Carroll Quigley’s Tragedy and Hope. by Jake, the Champion of the Constitution Originally published September 28, 2008 at http://www.nolanchart.com/article5043.html Without further ado, here is the speech I promised: “It’

[edit] California Businessman Pleads Guilty in Investment Fraud Scheme

29 September 2008, by unknown Michael Pappas, formerly of Modesto, California, pled guilty to one count of mail fraud relating to his scheme to sell fraudulent high-yield investments.

[edit] US economic crisis and bailout - more items of interest that explain and enlighten - from the international community -

29 September 2008, by History of the Committee Fact sheet Press releases Speeches Events Joint Forum History Mandate Working papers Newsletters Comments by BCBS Publications by year Select… Latest 2006-2008 2003-2005 2000-2002 1997-1999 1994-1996 1991-1993 Before 1991 Publications by category Accounting and auditing Banking problems Basel Committee history and membership Basel I and Market Risk Amendment Basel II impl

[edit] Is Lehman's CEO Stonewalling Congress?

28 September 2008, by by Deb Cupples | A little background: on September 16, insurance giant AIG secured an $85 billion taxpayer-funded bailout after its executives apparently drove the company toward ruin. The day before that, finance giant Lehman Brothers filed for bankruptcy protection after its execs apparently drove that company toward ruin. Yes, a theme does seem do be emerging, and both companies' ( apparently self-inflicted) woes have gravely threatened our nation's economy. Naturally, the House Ove

[edit] Wall Street Execs Paid $3 Billion While Driving Economy Toward Cliff

28 September 2008, by by Deb Cupples | As everyone now knows, the Bush Administration wants to funnel 700+ billion tax dollars to Wall Street firms and execs that helped drive our nation's economy toward the cliff's edge (partly by re-packaging, over-valuing, and selling mortgages). The Republican Administration seems amenable to "compromising" with congressional Democrats (who want greater accountability and oversight) and with congressional Republicans (who are preoccupied, at present, with bizarre political

[edit] Investment scam shocks muslims in Chicago

27 September 2008, by State regulators are considering criminal charges against a developer named Ibrahim, who fraudulently persuaded hundreds of muslims to invest in real estate deals. Some gave Ibrahim their life savings or mortgaged their homes before he disappeared in August. Investors say they may loose more than USD 50 million. Salman Ibrahim, CEO and President of the Chicago-based Shariah compliant financial services firm, which provided the market with competent and innovative Shariah Compliant investment p

[edit] OR-Portland,Legal Staff/Litigation,Law Firm

27 September 2008, by Seeking a Part-time Paralegal to join the investment fraud litigation practice. Duties include secretarial, paralegal, and office administration. Must have 3+ years of experience in working with partner-level attorneys. Experience with Amicus, Timeslips, Acrobat 8-9, Quickbooks Pro ...

[edit] ACORN Bailout

27 September 2008, by Many people are reporting the bailout bill currently in congress is just a smoke screen by the democrats to earmark some money for the ACORN community organizing project of which is a real supporter of Obama. Now whether this is true or not is still to be seen, but its been reported that this earmark slid into the bill by House Democrats is what is stopping the Republicans from getting on board with the bailout plan. This has also been reported as to why the Democrats have not just passed the b

[edit] Businessman gets 127 years in investment scam - BusinessWeek

26 September 2008, by

[edit] NY-New York,Attorney/Litigation,Employment,Criminal Law,Public Interest

12 September 2008, by Attorney Duties: Support various in-house functions such as finance, facilities, internal audit, contract and collections, provider relations, fraud and abuse, and communications departments. Provide legal support to a sophisticated Finance department servicing 20 Employee Benefit Plans with ...

[edit] CA-SAN FRANCISCO,Attorney/Litigation,Fellowship

11 September 2008, by Securities Litigation Associate The candidate will be advising public and private corporations, investment companies and advisors, private equity funds, hedge funds, officers and directors, special committees, and professional service firms. Defending clients in civil securities fraud ...

[edit] Americas Watchdog Seeks Whistle Blowers Related To Municipal Tax Fraud, AKA "Yield-Burning"

6 September 2008, by Americas Watchdog and its Wall Street Fraud Watchdog are reaching out to Wall Street insiders who have specific proof of US banks, or Wall Street investment brokerage firms involved in "yield burning", or premium laundering in cheating the IRS. For whistle blowers with specific proof, ...

[edit] Web of Debt

6 September 2008, by “Take a load off Fanny, take a load for free; “Take a load off Fanny, and (and) (and) “You put the load right on me.”   The Band, “The Weight,” 1968 Take a Load Off Fanny: Bailout or Nationalization Ellen Brown Fannie Mae and Freddie Mac own or guarantee nearly half the $12 trillion U.S. mortgage market. ...

[edit] Bloomberg.com: Opinion

4 September 2008, by quickwood

[edit] Green Credits

28 August 2008, by Governments everywhere face the challenge of how to engage their citizens in a program of carbon emissions reductions. There have been two main approaches so far – carbon taxes and personal carbon quotas. We propose Green Credits, an alternative which is based on rewarding citizens after they have taken ...

[edit] Future Win: Three VCs On Top Trends In Gaming

24 August 2008, by Want to get a good idea of where the gaming business is headed? Follow the money — or better yet, follow the trends the folks with money are looking at. With that in mind, I recently contacted three top venture capitalists in the gaming space to get their take. What interests them most in this rapidly ...

[edit] Charles Ponzi - Wikipedia, the free encyclopedia

21 August 2008, by 3rdparty

[edit] Ponzi scheme - Wikipedia, the free encyclopedia

21 August 2008, by kcfwpi

[edit] Democrat Platform Calls for Funneling Taxpayer Money to Left-Wing Activists

20 August 2008, by Even the $zillionaire currency speculator George Soros has limits to his resources. That's why his Shadow Party and it agents want to siphon fortunes from taxpayers to finance ultra-left projects. After all, our money is limitless — or at least, Democrats seem to think so. Michelle Malkin explains: ...

[edit] Bloomberg.com: News

18 August 2008, by lperryman

[edit] Czech court sentences funds' managers to up to 7 years for fraud

18 August 2008, by Hradec Kralove- A Czech court today imposed prison sentences of 3 to 7 years on six former managers of investment funds Trend and Mercia for vast illegal...

[edit] Looking Out For Number One

18 August 2008, by rbtrage The private-equity gold rush is encouraging some fund executives to cross the line. While cases of fraud at private equity firms are rare, some schemes are outright brazen. Consider the case of John A. Orecchio. On Sept. 8, the Securities & Exchange Commission charged the 40-year-old president and co-owner of AA Capital Partners Inc. and the firm with fraud, alleging that at least $10.7 million had been misappropriated from pension-fund investors.

[edit] Oil and Gas Investor Alert-NASAA.pdf (application/pdf Object)

18 August 2008, by rbtrage

[edit] Quatloos! -- Cyber-Museum of Scams and Frauds...

16 August 2008, by mogron

[edit] Prime Bank Guarantee Scam High-Yield Investment Fraud

13 August 2008, by tmoney67

[edit] Impact of Executive Compensation Disclosures on Creditors

8 August 2008, by Impact of Executive Compensation Disclosures on Creditors In this CompensationStandards.com podcast, Chris Plath of Moody's Investors Service discusses Moody's new report entitled "Expanded Disclosure On U.S. Executive Compensation Offers New Clues For Creditors," including: - Why has Moody's issued ...

[edit] Americas Watchdog Creates the Wall Street Fraud Watchdog for Cheated Consumers

6 August 2008, by Americas Watchdog has created the Wall Street Fraud Watchdog because there is no safety net for the average U.S. investor, who gets swindled by a Wall Street stock brokerage firm, or a bank investment adviser. According to Americas Watchdog, "Each year millions of U.S. citizens lose ...

[edit] Americas Watchdog Creates the Wall Street Fraud Watchdog for Cheated Consumers

6 August 2008, by Americas Watchdog has created the Wall Street Fraud Watchdog because there is no safety net for the average U.S. investor, who gets swindled by a Wall Street stock brokerage firm, or a bank investment adviser. According to Americas Watchdog, "Each year millions of U.S. citizens lose ...

[edit] Atlantan who headed $14M investment scheme sent to prison

4 August 2008, by Anthony G. Christou of Dunwoody, Ga., was sentenced Monday to about 10 years in jail on charges or wire fraud and money laundering relating to a $14 million scheme he used to fund a gambling habit.

[edit] Merrill Defrauded Auction-Rate Investors, State Says (Update2) - Bloomberg

31 July 2008, by Merrill Defrauded Auction-Rate Investors, State Says (Update2) Bloomberg - 56 minutes ago By David Scheer July 31 (Bloomberg) -- Massachusetts Secretary of State William Galvin accused Merrill Lynch & Co. of fraud, claiming the investment bank sold auction-rate securities to investors ...

[edit] The tale of two busted spammers

29 July 2008, by Being a technology reporter, my e-mail inbox is a crowded place. It's stuffed with press releases, notices from mailing lists I subscribe to, invitations to events -- you name it, it's in there. Luckily, it's relatively free of spam. Although, occasionally, a few manage to slip by our Postini filter. ...

[edit] Americas Watchdog Warns Auction Rate Victims To Not Get Taken Twice

28 July 2008, by (Markets News and Information) Americas Watchdog is the largest private consumer group in the United States focused on Wall Street misdeeds and it has been assisting victims of the 330 billion auction rate securities disaster for over five months Since February 14th Americas Watchdog has had a national ...

[edit] Internal Auditor II (Portland, OR)

28 July 2008, by If you want to make a positive difference and stand out from the crowd, you'll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help provide people with the financial security and confidence to pursue their dreams. Come join us and share ...

[edit] ****SEO BY GOOGLE - BY GOOGLER - FOR #1 LISTINGS**** (Boston, MA)

26 July 2008, by COMPETITIVE ADVANTAGE -- Former AOL and Google employee with Ivy League MBA training obtains guaranteed #1 listings in Google and exponential traffic growth for clients via proprietary strategy NATURAL/ORGANIC SEARCH -- Increase traffic, lead conversion and lower click fraud by moving more ...

[edit] UK Mortgage Fraud

24 July 2008, by iwarfare

[edit] Head of SC investment firm pleads guilty to fraud - Forbes.com

17 July 2008, by michaeldavidthomas