On March 18, the SEC announced whistleblower awards totaling over $3 million to three individuals for providing information and assistance in three separate covered actions.…
SCOTUS to Weigh In on “No-Deny” Xerox Fraud Case
The former chief financial officer of Xerox Corp. asked the U.S. Supreme Court to weigh in on the constitutionality of an SEC settlement that permanently…
Feds Are Playing Catch Up on Crypto Regulatory Enforcement
State regulators are taking the lead on cryptocurrency enforcement in the absence of a national approach to regulation, in some cases acting years before companies…
Whistleblower Denounces Bullying and Harrassment at White House Office of Science and Technology
The former director of the White House Office of Science and Technology Policy violated ethics rules, created a toxic workplace and retaliated against staff who…
The $8 Billion of Covid Relief Fraud is t Just the Tip of the Iceberg
he Department of Justice (DOJ) has uncovered a vast array of alleged fraudulent and criminal activities tied to more than $8 billion in federal COVID-19…
California Financier Defrauds Investors of Millions, But Only Sentenced 1 Year in Prison
For as much as the Securities and Exchange Commission likes to grab headlines for their successful prosecutions of fraud, one often wonders if the penalties…
SEC Awards Fraud Whistleblowers $14m Reward for Exposing Fraud
On March 11, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award of approximately $14 million to an individual who published an online…
Elon Musk Gives the Finger to the SEC, Seeks to Reverse 2018 Settlement
Claiming that the Securities and Exchange Commission has a “vendetta” out against him, the Tesla founder and world’s richest man Elon Musk has filed an…
SEC Charges Brother and Sister in Cryptocurrency Fraud Scheme
The Securities and Exchange Commission has charged John and JonAtina Barksdale with fraud for misleading investors through through false claims in a cryptocurrency scheme, according…
Sprawling Credit Suisse Fraud Blown Wide Open with Massive Data Leak
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and…