Search Results for: fraud
FCA warning against clone firm
May 5th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people: Clone firm details Ebor ...
Former Wickham Securities CEO charged
April 30th, 2015
The former CEO of collapsed debenture issuer Wickham Securities Ltd today faced court charged with various offences, including fraud, following an ASIC investigation. Garth Peter Robertson, 49, of Brisbane, Queensland, appeared in the Brisbane Magistrates Court charged with 10 ...
Flash crash trader to face court again
April 29th, 2015
A UK financial trader accused of contributing to the 2010 Wall Street “flash crash” is due to appear in court again on Wednesday. Navinder Singh Sarao, who first appeared at Westminster Magistrates’ Court last Wednesday when he said he ...
Federal court in Florida issued a Consent Order against Inter-Global Currency & Precious Metals and its owner
April 28th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in Ft. Lauderdale, Florida issued a Consent Order against Defendants Inter-Global Currency & Precious Metals, LLC (IGCPM) of Pompano Beach, Florida, and its owner, manager, and controlling person Stavros ...
Dogecoin Founder Exits Crypto Community Citing ‘Toxic’ Culture
April 24th, 2015
Dogecoin founder and Adobe senior manager Jackson Palmer has announced he is taking an “extended leave of absence” from the cryptocurrency community. Calling the ecosystem “toxic”, Palmer used the occasion to blast aspects of the industry, while encouraging users ...
Can an illegal scheme apply for business rescue?
April 24th, 2015
The concept of Ponzi schemes is one that is not new across the globe and has been around for decades. According to Wikipedia “a Ponzi scheme is a fraudulent investment operation where the operator, an individual or organisation, pays ...
Coinzone Opens for Business in Czech Republic
April 22nd, 2015
Fully localised Bitcoin payment gateway solution for the Czech market makes it easy for merchants and individuals to participate in the country’s flourishing Bitcoin ecosystem Coinzone, a leading Bitcoin payment solution provider dedicated to making it easy for European ...
UK trader charged for manipulation contributing to 2010 flash crash
April 22nd, 2015
A high-frequency futures trader has been charged with illegally manipulating the stock market, contributing to the May 2010 “flash crash,” according to documents unsealed Tuesday. The Justice Department charged the United Kingdom’s Navinder Singh Sarao with wire fraud, 10 ...
Trader Charged With Spoofing Market Loses Dismissal Bid
April 20th, 2015
The first high-speed trader charged with a method of market manipulation known as spoofing lost a bid to dismiss the case based on an argument the new law is too vague to be enforced. Michael Coscia was indicted last ...
Blackwell Global issued Important Notice
April 20th, 2015
Blackwell Global issued Important Notice on the Abuse and Fraudulent Usage of Blackwell Global Name The company, through this Notice wants to inform public that: It has come to the attention of Blackwell Global that the brand name and ...
