Search Results for: U.S. Justice Department
Wallingford Man Charged with Stealing Bitcoins in Dark Web Phishing Scheme
October 12th, 2016
Deirdre M. Daly, United States Attorney for the District of Connecticut, and Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, announced that MICHAEL RICHO, 34, of Wallingford, was arrested ...
World Gone Mad, Part 2: “Perpetual Preferred”
October 10th, 2016
Towards the end of a credit bubble, ideas that might have seemed crazy in more boring times are not just accepted but embraced by investors desperate to keep the high that comes from effortless bull-market profits. In the junk ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Can You Imagine The Fed Raising Rates In This World? Bank Bail-In Edition
October 5th, 2016
I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea how to escape. The pain they feel is both intense ...
Broker sentenced for Grand Central insider-trading scheme
October 3rd, 2016
For many people, the clock that sits atop the information booth in the middle of Grand Central Terminal can serve as a vivid memory of a visit to New York City. Ex-Morgan Stanley and Oppenheimer & Co. broker-dealer Vladimir ...
Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops
October 3rd, 2016
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...
Asian Stocks Slide as Deutsche Bank Jitters Boost Dollar, Gold
September 30th, 2016
Deutsche Bank sank to record low in U.S., hitting financials Gold advances with sovereign bonds as haven assets favored What’s set to be the best quarter for Asian stocks since 2012 is ending on a sour note as concern about ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
Israeli Man Charged With Operating FOREX Ponzi Scheme
August 4th, 2016
Preet Bharara, the United States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that FADI EWIESS, a/k/a “Fadi ...
