CONFRAUD

fraud

White-Collar Crime

James Nathan Grimes' $550,710 Pay Telephone Fraud Scheme

James Nathan Grimes and Dennis Watts were charged by the SEC for fraudulent pay telephone scams, resulting in $550,710 in penalties and permanent injunctions.

Catherine Bell
White-Collar Crime

Kevin Lasky's Role in MCA Financial's $256.6M Fraud Scheme

Kevin Lasky was charged in connection with MCA Financial Corporation's fraudulent scheme led by CEO Patrick D. Quinlan, Sr., resulting in $256.6M in restitution.

Victoria Chase
White-Collar Crime

Jerome E. Rosen: $15M Stock Manipulation Scheme, $75K Penalty

Jerome E. Rosen and nine others charged in SEC lawsuit for manipulating Systems of Excellence, Inc. stock, defrauding investors of nearly $15 million.

Victoria Chase
White-Collar Crime

Walter Ng & Associates: $5.2M SEC Settlement for Mortgage Fund Fraud

Walter Ng, Kelly Ng, and Bruce Horwitz settled SEC fraud charges for misusing Mortgage Fund '08 LLC assets, resulting in $5.2M in penalties and industry bans.

Victoria Chase
White-Collar Crime

Susann Ashley Cargnino: $17M Medical Device Fraud Scheme

Susann Ashley Cargnino and three others defrauded investors of over $7 million in a Michigan medical device scam, resulting in $17M+ in penalties.

Victoria Chase
White-Collar Crime

Alfred M. Lemcke Sentenced for $843K Investment Fraud Scheme

Alfred M. Lemcke sentenced to 27 months in prison and ordered to pay $843,470 in restitution for defrauding investment clients in Massachusetts.

Victoria Chase
Ponzi Schemes

Frederick Harris $75M Prime Bank Scheme - $5.1M Penalty

Frederick Harris and co-defendants orchestrated a $75 million prime bank fraud scheme. The SEC obtained summary judgment, imposing permanent injunctions and penalties.

Daniel Reeves
White-Collar Crime

James G. Lewis: $1M Penalty in JB Oxford Late Trading Fraud

James G. Lewis, former officer of JB Oxford Holdings, settled SEC civil fraud charges for late trading and market timing schemes, resulting in $1M in penalties.

Victoria Chase
White-Collar Crime

Kai H. Stinchcombe Settles SEC Charges for $200K in Special Needs Trust Fraud

Kai H. Stinchcombe and True Link Financial Advisors settled SEC charges for $200,000 related to misuse of special needs pooled trust funds.

Victoria Chase
Ponzi Schemes

Lalaine Ledford: $345M Ponzi Scheme Results in $184M Penalty

Lalaine Ledford was involved in a $345 million Ponzi-like scheme orchestrated by Kevin B. Merrill and others, resulting in significant penalties and restitution.

Daniel Reeves