Posts Tagged ‘fraud’

Alphasteel fraud at Société Générale subsidiary Rosbank reveals trail of serial dishonesty

When former Olympics minister Tessa Jowell and her husband David Mills joined the Iranian owners of Welsh steel mill Alphasteel for their 2005 Christmas party the future looked bright. View full post on UK Business Stories

UBS charges date back to 2008

Kweku Adoboli, who has been charged with fraud over a $2bn loss at the bank, was remanded in custody in London View full post on UK Business Stories

Lawsuits: Mob Experience developer looted business, defrauded investors

The lead developer of the Las Vegas Mob Experience at the Tropicana resort faces new lawsuit allegations of fraud and “looting the company” of more than $1 million. View full post on Business Stories

Penny Stocks Online – You Must Avoid Fraud to Profit With Penny Stocks Online

You must learn how to identify potential fraud when trading penny stocks online. Penny stocks are volatile and speculative, making them ripe for artificial manipulation.

Hero Group: Exposure in Citibank scam Rs.28.75 crore

The Hero Group, which was allegedly duped in the Rs.300 crore Citibank fraud, Friday said that its exposure to the scam was just Rs.28.75 crore and that investments were made by its entities. View full post on Business Stories

“CHiPs” Star Larry Wilcox Accused Of Securities Fraud, May Be Undercover Informant

Anne Lu – AHN Entertainment Contributor Miami, FL, United States (AHN) – Former “CHiPs” star Larry Wilcox has been accused of securities fraud, though he may have been working for the FBI all along. The Securities and Exchange Commission announced Thursday that they charged the ’70s TV actor and several others in lawsuits filed in […]

FSA Fines Goldman Sachs $30 Million

British’s Financial Services Authority fined Goldman Sachs (NYSE: GS) $30 million (20 million pounds). The penalty was for Goldman’s failure to inform the City regulator that one of the bank’s officers under investigation for fraud in the U.S. was transferred to the U.K. View full post on Banking Stories