CONFRAUD

investment fraud

Ponzi Schemes

William R. Schantz III's $4.6M Ponzi Scheme and Fraud

William R. Schantz III and Verto Capital Management LLC settled SEC charges for operating a Ponzi scheme, paying over $4.6 million in penalties.

Maria Santos
White-Collar Crime

Michael R. Warren's $628K Fake Insurance Annuity Fraud

Michael R. Warren pled guilty to selling non-existent insurance annuity contracts and misappropriating client funds, ordered to pay $628,107 in California.

Daniel Reeves
White-Collar Crime

Dennis Herula's $40M Fraudulent Investment Scheme

Former broker Dennis Herula was arrested by the SEC for orchestrating a $40 million fraudulent investment scheme, with criminal charges filed in Colorado.

Victoria Chase
Ponzi Schemes

Amir A. Sardari's $3.4M Clean Energy Investment Fraud

Amir A. Sardari and Narysa Sardari Luddy charged with $3.4M offering fraud through Energy & Environmental Investments in a Ponzi scheme targeting clean energy investors.

Daniel Reeves
White-Collar Crime

Thomas F. Goodman's $7.4M Fraudulent Securities Offering

Thomas F. Goodman and co-defendants were found liable for $7.4M in a fraudulent securities offering involving false promises of extraordinary returns.

Victoria Chase
White-Collar Crime

Jerome L. Wilson: $300K Penalty in CT Pension Fund Fraud Scheme

Jerome L. Wilson paid $300,667 to settle SEC charges in a Connecticut state pension fund investment fraud scheme orchestrated by former state Treasurer Paul J. Silvester.

Victoria Chase
White-Collar Crime

James S. Eberhart: $2.3M Unregistered Securities Fraud at Debisys

James S. Eberhart fraudulently sold $2.3 million in unregistered securities through Debisys, Inc., resulting in SEC permanent injunction and $76,102 penalty.

Victoria Chase
White-Collar Crime

Louis Peter Goff's $2.1M Forex Trading Fraud in Utah

Louis Peter Goff and co-conspirators orchestrated a fraudulent high-yield Forex trading program through Utah fund managers, resulting in $2.1M in losses.

Victoria Chase
White-Collar Crime

Loretta Antrim Ostrich Breeding Fraud: $819K Investment Scheme

Loretta Antrim involved in fraudulent ostrich breeding investment scheme that raised over $819,000 from investors through deceptive investment contracts.

Victoria Chase
Ponzi Schemes

Steven Enrico Lopez, Sr.: $1.1M Penalty in Securities Fraud Case

Steven Enrico Lopez, Sr. faced securities fraud charges in the Central District of California, resulting in over $1.1 million in disgorgement and penalties.

Daniel Reeves
White-Collar Crime

Henry Morris & Quadrangle: $5M Penalty for Pension Kickbacks

Henry Morris's Quadrangle Group LLC paid $5M to settle SEC charges over a kickback scheme involving New York's largest pension fund through undisclosed payments.

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
Ponzi Schemes

Betty Ann Rubin: $763K Ponzi Scheme in Oil & Gas Partnerships

Betty Ann Rubin implicated in SEC settlement involving $763,678 disgorgement for Ponzi-like scheme operating through oil and gas limited partnerships.

Daniel Reeves
Ponzi Schemes

Robert A. McDonald: $3.8M Penalty in $135M Payphone Ponzi Scheme

Robert A. McDonald faced SEC action for role in $135 million payphone investment Ponzi scheme through Alpha Telcom, resulting in $3.8M penalty and injunction.

Daniel Reeves
White-Collar Crime

Michael Lauer's $62.5M Securities and Disclosure Fraud Penalty

Michael Lauer was ordered to pay over $62 million in disgorgement plus a $500,000 civil penalty for securities fraud and disclosure fraud violations.

Victoria Chase
White-Collar Crime

Lewis Allen Rivlin Liable for $6.5M in Securities Fraud Scheme

Lewis Allen Rivlin was found liable for securities fraud involving a fraudulent high-yield bank debenture trading program and ordered to pay over $6.5 million.

Victoria Chase
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