Crime Investment Fraud

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  • JUDGE SETS JUNE 25 TRIAL DATE FOR SECURITIES FRAUD CASE AGAIN FORMER PHARMACEUTICAL EXECUTIVE MARTIN SHKRELI--HEARING.

  • JUDGE SETS JUNE 26, 2017 TRIAL DATE FOR SECURITIES FRAUD CASE AGAINST EX-PHARMACEUTICAL EXECUTIVE SHKRELI-- HEARING.

  • NEW YORK, July 13- A former investor in the studio behind the "Twilight" movie franchise was arrested on Wednesday on charges that he participated in fraudulent schemes involving a bankrupt technology company called Kit Digital Inc.. Omar Amanat, an investor in media, finance and technology companies, was charged in an indictment filed in Manhattan federal...

  • NEW YORK, July 13- A self-described New York entrepreneur was arrested on Wednesday on charges that he conspired to hide the losses suffered by a hedge fund's clients in a scheme that involved bankrupt video technology company Kit Digital Inc.. Amanat, who was an investor in "Twilight" studio Summit Entertainment before its 2012 sale to Lions Gate Entertainment...

  • Cyber security

    For investors, cybercrime can be especially painful if personal data and information about investment accounts get into the wrong hands.

  • Steven McClatchey, 58, pleaded guilty in Manhattan federal court to conspiracy and securities fraud charges, admitting that he provided stock tips to the plumber, Gary Pusey, who prosecutors say made $76,000 through his insider trading. McClatchey, who worked at Barclays from 2008 to 2015, was arrested on May 31 amid a resurgence of insider trading cases in...

  • Tesla: Have not received any communication from SEC

    CNBC's Sharon Epperson reports the latest in the story that the SEC is investigating Tesla for a possible securities breach.

  • SEC investigates Tesla for securities law breach -DJ

    CNBC's Sharon Epperson reports that the SEC is investigating automaker Tesla for possible securities law breach, according to Dow Jones.

  • NEW YORK, July 5- The FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said, in a sign investigators remains focused on building cases despite a court ruling that could curtail such prosecutions. The Federal Bureau of Investigation's New York office has about 50 ongoing insider trading investigations,...

  • The U.S. Department of Justice said Sanchez lied in a July 2011 Securities and Exchange Commission deposition when he denied knowing other people who bought Potash securities before Potash revealed Anglo-Australian mining company BHP Billiton Plc's unsolicited $38.6 billion takeover bid. Prosecutors said the SEC did not discover the account and the...

  • NEW YORK, June 23- Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012- before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. Since May alone, those charged include famed Las Vegas sports gambler William "Billy" Walters and hedge fund manager Sanjay...

  • NEW YORK, June 22- The death of Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who had been charged last week in a major insider trading case, has been declared a suicide, the New York City medical examiner's office said on Wednesday. Valvani died of stab wounds to his neck, and the manner of death was suicide, medical examiner spokeswoman Julie...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was criminally charged last week in a major insider trading case, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening in the bedroom of his Brooklyn home with a wound to his neck, a New York Police Department...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was criminally charged last week in a major insider trading case, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening in the bedroom of his Brooklyn home with a wound to his neck, a New York Police Department...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was charged last week with insider trading, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn home with a wound to his neck, a New York Police Department spokeswoman said. Prosecutors said the...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was arrested last week on insider trading charges, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn home with a wound to his neck, a New York Police Department spokeswoman said.

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was arrested last week on insider trading charges, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn residence with a wound to his neck, a New York Police Department spokeswoman said.

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management who had been charged with insider trading, was found dead in an apparent suicide on Tuesday, CNBC reported, citing Dow Jones. Federal officials earlier this month arrested Valvani and accused him of having fraudulently made $25 million by gaining advance word about U.S. Food and Drug...

  • June 16- A unit of HSBC Holdings Plc on Thursday said it will pay $1.575 billion to end a long-running securities fraud class action stemming from the acquisition of the Household International consumer finance business more than a decade ago.

  • WASHINGTON, June 16- The U.S. Securities and Exchange Commission said on Thursday that it had charged with insider trading a former SAP America executive and three friends who made more than $500,000 based on his illegal tip about an impending merger.