Search Results for: fraud
Former Sydney finance broker has been sentenced to a one-year intensive correction order
June 29th, 2016
Former Sydney finance broker, Jennifer Mary Farias, has been sentenced to a one-year intensive correction order in the NSW Local Court after pleading guilty to 3 counts of loan fraud which resulted in her receiving more than $100,000. She ...
How one broker weathered the Brexit storm
June 27th, 2016
They knew it was coming. Broker-dealer Interactive Brokers Group Inc. IBKR, -5.50%has been planning for the Brexit vote since February, but, until late Thursday afternoon, the firm thought, like almost everyone else, the U.K. would vote to remain in the European ...
Everything you need to know about Bitcoin and the new contender Ethereum
June 23rd, 2016
Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week. “Assuming our computers still switch on after Brexit.” He was being facetious. But then the king of all currency ...
UK-Based Trader charged for hacked into the online brokerage accounts of numerous investors
June 23rd, 2016
The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades ...
Brexit Rules The Week
June 21st, 2016
The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and neck. See Brexit poll tracker back to even at 44-44. While we’re waiting, let’s ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
HSBC to pay $1.575 billion, ending Household International class action
June 17th, 2016
A unit of HSBC Holdings Plc (HSBA.L) said on Thursday it will pay $1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British bank bought in 2003. HSBC ...
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
June 16th, 2016
The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge ...
FCA warns for unauthorised firm providing financial services or products in UK
June 15th, 2016
The Financial Conduct Authority (FCA) has issued warnings to inform investors and public regarding a firm that FCA believes that has been providing financial services or products in the UK without the FCA’s authorisation. According to FCA, some firms act without ...
IFSC warns for TRADE24 Investments
June 14th, 2016
WARNING NOTICE TRADE24 Investments Ltd. It has come to the notice of the International Financial Services Commission of Belize (IFSC) that an entity calling itself‘TRADE24 Investments Ltd.’ is fraudulently claiming to hold a trading in financial and commodity-based derivative instruments ...
