CONFRAUD

disclosure fraud

White-Collar Crime

Robert A. Kasirer's $4.9M Municipal Bond Fraud Scheme

Robert A. Kasirer was permanently enjoined and ordered to pay over $4.9 million for orchestrating municipal revenue bond offering fraud in violation of securities laws.

Daniel Reeves
Ponzi Schemes

William R. Schantz III's $4.6M Ponzi Scheme and Fraud

William R. Schantz III and Verto Capital Management LLC settled SEC charges for operating a Ponzi scheme, paying over $4.6 million in penalties.

Maria Santos
White-Collar Crime

Conrad M. Black's $85M Disclosure Fraud at Hollinger Inc.

Conrad M. Black and F. David Radler diverted $85 million from Hollinger Inc. through a fraudulent scheme, resulting in a $21.3M settlement with the SEC.

Victoria Chase
White-Collar Crime

Aaron B. Fletcher's $200K Municipal Bond Fraud and Violations

Aaron B. Fletcher and Twin Spires Financial LLC penalized $200,000 for fraudulent municipal bond offerings and failure to register as a municipal advisor.

Victoria Chase
White-Collar Crime

Garfield M. Taylor's $27.9M Ponzi Scheme and Securities Fraud

Garfield M. Taylor and Jeffrey A. King orchestrated a multi-million dollar Ponzi scheme through Garfield Taylor, Inc., resulting in $27.9M in penalties.

Catherine Bell
White-Collar Crime

Michael R. Warren's $628K Fake Insurance Annuity Fraud

Michael R. Warren pled guilty to selling non-existent insurance annuity contracts and misappropriating client funds, ordered to pay $628,107 in California.

Daniel Reeves
White-Collar Crime

Claude W. Savage's $1.4M Securities Fraud and Pyramid Scheme

Claude W. Savage was involved in International Heritage, Inc.'s pyramid scheme that defrauded investors, resulting in a $1.4M penalty for securities violations.

Daniel Reeves
White-Collar Crime

Dennis Herula's $40M Fraudulent Investment Scheme

Former broker Dennis Herula was arrested by the SEC for orchestrating a $40 million fraudulent investment scheme, with criminal charges filed in Colorado.

Victoria Chase
White-Collar Crime

David B. Lobel's $600K Securities Fraud in AppleTree Offering

David B. Lobel, former officer of The AppleTree Companies, faced SEC action for material misrepresentations in 1992 securities offering, resulting in $600K penalty.

Victoria Chase
White-Collar Crime

Peter Dong Zhou's $592,942 Insider Trading & Securities Fraud

Peter Dong Zhou settled SEC charges for insider trading and securities fraud related to China Yingxia International, Inc., paying $592,942 in penalties.

Victoria Chase
White-Collar Crime

Victor L. Ziller's $125,000 Securities Fraud Penalty

Victor L. Ziller faced securities fraud charges in the Platforms Wireless International Corp. case, resulting in a $125,000 penalty in California.

Daniel Reeves
White-Collar Crime

Jackie Gross $1.6M SEC Settlement for Disclosure Fraud

Jackie Gross and affiliates Telvest Communications and Morgan Spaulding settled SEC charges for $1.6M involving disclosure fraud and unregistered broker-dealer activities.

Victoria Chase
White-Collar Crime

Roger Kao: $30.8M Syntax-Brillian Insider Trading & Fraud Scheme

Roger Kao (a/k/a Chao Chun Kao) was involved in a $30.8M insider trading and financial fraud scheme at Syntax-Brillian Corporation alongside CEO James Li.

Victoria Chase
White-Collar Crime

Robert S. Agriogianis: $2.8M Chinese Reverse Merger Stock Fraud

Robert S. Agriogianis was involved in a Chinese reverse merger scheme that manipulated stock trading, resulting in $2.8M in penalties and settlements.

Victoria Chase
White-Collar Crime

David Plate: Schottenfeld Group Pays $1.2M in Insider Trading Case

David Plate and Schottenfeld Group LLC settled SEC insider trading charges for $1.2 million, including disgorgement, interest, and civil penalties.

Victoria Chase
White-Collar Crime

Thomas F. Goodman's $7.4M Fraudulent Securities Offering

Thomas F. Goodman and co-defendants were found liable for $7.4M in a fraudulent securities offering involving false promises of extraordinary returns.

Victoria Chase
White-Collar Crime

Ryan Petersen OCZ Technology $130K SEC Accounting Fraud Case

Ryan Petersen, former OCZ Technology executive, faced SEC charges for accounting fraud and disclosure failures, resulting in a $130,000 penalty and ongoing litigation.

Victoria Chase
White-Collar Crime

Edward O'Donnell Pays $225K for Pareteum Revenue Recognition Fraud

Edward O'Donnell and Victor Bozzo, former Pareteum executives, faced SEC enforcement resulting in $225,000 in penalties for orchestrating a revenue recognition scheme.

Victoria Chase
White-Collar Crime

Kevin L. Lawrence: $91.6M Znetix Stock Fraud Scheme

Kevin L. Lawrence sentenced to 20 years in prison and ordered to pay $91.6M in restitution for his role in the Znetix stock fraud scheme involving securities fraud.

Victoria Chase
White-Collar Crime

John K. Bradley: $75K Penalty in Physician Computer Network Fraud

John K. Bradley settled SEC accounting fraud charges related to Physician Computer Network, Inc., agreeing to a $75,000 penalty and permanent injunction.

Victoria Chase
White-Collar Crime

Kevyn Rakowski: $70K Penalty for Wilmington Trust Loan Fraud

Kevyn Rakowski, former Wilmington Trust officer, paid $70,367 for fraudulently excluding past due real estate loans from financial reports in Delaware.

Victoria Chase
White-Collar Crime

Hung Chin: $4.1M Penalty for Hacked Insider Trading Scheme

Hung Chin received a $4.1M penalty for fraudulently trading on hacked nonpublic information from New York law firms, generating nearly $3M in illegal profits.

Victoria Chase
White-Collar Crime

Jerome L. Wilson: $300K Penalty in CT Pension Fund Fraud Scheme

Jerome L. Wilson paid $300,667 to settle SEC charges in a Connecticut state pension fund investment fraud scheme orchestrated by former state Treasurer Paul J. Silvester.

Victoria Chase
White-Collar Crime

James S. Eberhart: $2.3M Unregistered Securities Fraud at Debisys

James S. Eberhart fraudulently sold $2.3 million in unregistered securities through Debisys, Inc., resulting in SEC permanent injunction and $76,102 penalty.

Victoria Chase
White-Collar Crime

Owen R. Fox Faces $7.9M Contempt Motion for Securities Fraud

Owen R. Fox and Bruce Franklin face SEC civil contempt motion for failing to pay $7.9M in disgorgement after securities law violations involving fraud.

Victoria Chase
White-Collar Crime

Russell Kersh's $500,000 Accounting Fraud Penalty at Sunbeam

Russell Kersh, former Sunbeam Corporation executive, paid $500,000 and received a permanent ban from serving as officer or director for accounting fraud.

Victoria Chase
White-Collar Crime

Barry Liss: $464K Penalty in Oil Well Offering Fraud Scheme

Barry Liss and Carol J. Wayland faced SEC action for oil well offering fraud involving unregistered securities and investor fund misappropriation totaling $464,665.

Victoria Chase
White-Collar Crime

Robert Walton, Jr. Pays $1M+ for Securities Fraud at Hadsell

Robert Walton, Jr., former President of Hadsell Chemical Processing, LLC, ordered to pay over $1 million for misrepresenting facts to investors and failing to register securities.

Victoria Chase
White-Collar Crime

Mark Alan Lisser: $961K Penalty for Boiler Room Securities Fraud

Mark Alan Lisser was permanently enjoined and ordered to pay $961,440 for operating a boiler room scheme through Knightsbridge Capital Partners.

Victoria Chase
White-Collar Crime

Yair Shamir: $100K Penalty for Stock Option Backdating Fraud

Yair Shamir, former Mercury Interactive director, paid $100,000 to settle SEC charges for approving backdated stock option grants and misleading disclosures.

Victoria Chase
White-Collar Crime

Loretta Antrim Ostrich Breeding Fraud: $819K Investment Scheme

Loretta Antrim involved in fraudulent ostrich breeding investment scheme that raised over $819,000 from investors through deceptive investment contracts.

Victoria Chase
White-Collar Crime

Bradley Hamilton's $265,000 Pension Transfer Disclosure Fraud

Bradley Hamilton misled clients about pension transfers and concealed conflicts of interest at Devere USA, Inc., resulting in a $265,000 penalty from the SEC.

Victoria Chase
White-Collar Crime

Yatin D. Mody's $3.0M Revenue Recognition & Backdating Fraud

Yatin D. Mody, former Vitesse Semiconductor executive, faced SEC charges for revenue recognition fraud and options backdating schemes totaling $3.0M.

Victoria Chase
White-Collar Crime

Stephen Durland: NY CPA Pays $230K in $112M Pump-and-Dump Scheme

Former New York CPA Stephen Durland settled SEC charges for his role in a $112 million pump-and-dump scheme, agreeing to pay $230,464 and accept a penny-stock bar.

Victoria Chase
White-Collar Crime

Susann Ashley Cargnino: $17M Medical Device Fraud Scheme

Susann Ashley Cargnino and three others defrauded investors of over $7 million in a Michigan medical device scam, resulting in $17M+ in penalties.

Victoria Chase
White-Collar Crime

Henry Morris & Quadrangle: $5M Penalty for Pension Kickbacks

Henry Morris's Quadrangle Group LLC paid $5M to settle SEC charges over a kickback scheme involving New York's largest pension fund through undisclosed payments.

Victoria Chase
White-Collar Crime

Steven R. Eagleburger: $110K Penalty in FLIR Systems Fraud

Steven R. Eagleburger, former FLIR Systems executive, paid $110,000 to settle SEC charges of accounting fraud and inflating earnings in 1998-1999.

Victoria Chase
White-Collar Crime

James S. Sholeff's $200,000 Securities Fraud Settlement

James S. Sholeff, former PurchasePro.com executive, settled SEC charges for financial fraud with a $200,000 penalty and guilty plea in federal criminal case.

Victoria Chase
White-Collar Crime

William F. McFarland's $375K Accounting Fraud at Riverstone

William F. McFarland settled SEC charges for inflating Riverstone Networks' revenues through improper recognition, paying $375,000 in penalties.

Victoria Chase
White-Collar Crime

Philip R. Jacoby Jr.: $1.5M Osiris Accounting Fraud Settlement

Philip R. Jacoby Jr. and three other Osiris Therapeutics executives faced SEC charges for accounting fraud that overstated performance, resulting in a $1.5M settlement.

Victoria Chase
White-Collar Crime

Shane Schmidt: $12M+ SEC Penalties in COVID-19 Microcap Fraud

Shane Schmidt and four entities ordered to pay over $12 million in SEC penalties for COVID-19-related microcap fraud scheme in Gomes et al. case.

Victoria Chase
White-Collar Crime

Kim J. Brown Hit with $110K Penalty for Unregistered Broker Fraud

Kim J. Brown faced SEC action for orchestrating fraudulent stock sales and acting as an unregistered broker, resulting in $110,000 in penalties and injunctions.

Victoria Chase
White-Collar Crime

Michael Lauer's $62.5M Securities and Disclosure Fraud Penalty

Michael Lauer was ordered to pay over $62 million in disgorgement plus a $500,000 civil penalty for securities fraud and disclosure fraud violations.

Victoria Chase
White-Collar Crime

William M. Beecher's $1.9M Revenue Overstatement Fraud

Former i2 Technologies CFO William M. Beecher settled SEC charges for overstating revenues, paying $1.9M and accepting a five-year officer ban.

Victoria Chase
White-Collar Crime

Lewis Allen Rivlin Liable for $6.5M in Securities Fraud Scheme

Lewis Allen Rivlin was found liable for securities fraud involving a fraudulent high-yield bank debenture trading program and ordered to pay over $6.5 million.

Victoria Chase
White-Collar Crime

James Rudolph Insider Trading: $801K Penalty in Tallgrass Energy Case

James Rudolph was charged by the SEC with insider trading related to Tallgrass Energy LP, resulting in penalties totaling $801,742 and permanent injunctions.

Victoria Chase
White-Collar Crime

Larry A. Stockett's $1.8M Disclosure Fraud and Scheme

Larry A. Stockett orchestrated a fraudulent scheme involving Hightec, Inc. and The S.I.N.C.L.A.R.E. Group, Inc., resulting in $1.8M in penalties and injunction.

Victoria Chase
White-Collar Crime

Laura Mascola's $3.5M BitConnect Unregistered Securities Case

Laura Mascola, along with BitConnect promoters Michael Noble and Joshua Jeppesen, ordered to pay over $3.5 million for promoting unregistered securities.

Victoria Chase
White-Collar Crime

Mark A. Belnick: $100K Penalty for Tyco Disclosure Fraud

Mark A. Belnick, former Chief Corporate Counsel of Tyco International Ltd., paid $100,000 and accepted a five-year officer/director ban for disclosure fraud.

Victoria Chase
White-Collar Crime

Peter M. Stanley: $100K Securities Fraud with Mackie and Fink

Peter M. Stanley received permanent injunction in SEC securities fraud case involving Thomas S. Mackie and Andrew S. Fink, with $100K penalty waived.

Victoria Chase
White-Collar Crime

Arthur Knapp's $130K Accounting and Disclosure Fraud Settlement

Arthur Knapp, former OCZ Technology executive, settled SEC charges for accounting and disclosure fraud, paying $130,000 alongside co-defendant Ryan Petersen.

Victoria Chase
White-Collar Crime

Joshua Craig Reeves: $120M Faith-Based Bond Fraud Scheme

Joshua Craig Reeves and family defrauded investors of $120M through church bonds in Indiana. SEC secured injunctions, asset freezes, and $7.9M in penalties.

Victoria Chase
White-Collar Crime

Kai H. Stinchcombe Settles SEC Charges for $200K in Special Needs Trust Fraud

Kai H. Stinchcombe and True Link Financial Advisors settled SEC charges for $200,000 related to misuse of special needs pooled trust funds.

Victoria Chase
White-Collar Crime

Michael Luckhoo-Bouche's $8.2M Microcap Fraud Scheme

Michael Luckhoo-Bouche was ordered to pay $8.2M in penalties for involvement in a COVID-19-related microcap fraud scheme alongside four other entities.

Victoria Chase
White-Collar Crime

Christopher Beals: $1.5M SEC Penalty for User Metrics Fraud

Christopher Beals and Arden Lee faced SEC charges for negligent misrepresentations about WM Technology's monthly active users, resulting in $1.5M in penalties.

Victoria Chase
White-Collar Crime

Martin Zaepfel: $170K Penalty for Spiegel Credit Card Fraud

Martin Zaepfel, former Spiegel Inc. officer, paid $170,000 in penalties for overstating credit card receivables and concealing financial reports.

Victoria Chase
White-Collar Crime

Gary Kendron's $8.2M Securities Fraud at AlphaCom

Gary Kendron and AlphaCom executives settled SEC charges for $8.2M over fraudulent securities sales and false claims about Internet technology ownership.

Victoria Chase
White-Collar Crime

Morgan Cooper's $125,000 Unregistered Stock Sales Fraud

Morgan Cooper, along with James J. Caprio and Jeffrey G. Nunez, faced SEC charges for unregistered stock sales and false statements, resulting in $250,000+ penalties.

Victoria Chase
White-Collar Crime

Kathleen Fraher's $50M Silvergate Disclosure Fraud Case

Kathleen Fraher, former Silvergate Capital executive, faced SEC charges for misleading investors about compliance and financial condition in a $50M case.

Victoria Chase
White-Collar Crime

Paul Free's $300,000 Accounting Fraud at Delphi Corporation

Paul Free was charged by the SEC with financial fraud at Delphi Corporation, settling for $300,000 in penalties related to accounting and disclosure violations.

Victoria Chase