Made in Canada eh…
“A massive penny stock fraud scheme that bilked Canadian and foreign investors of more than $140 million was masterminded by four Canadians and carried out with the help of five Americans, the U.S. Department of Justice said Tuesday.”
Definitely smacks of illegal doesn’t it?
4 Canadians charged in $140M international penny stock fraud
Five Americans also charged in investigation led by the RCMP and FBI
Shocking, Obama cheated, who would’ve thunk it.
According to Civitas, the Obama campaign may have been paying Allpoint per registration, in violation of federal law. They also raise the possibility that Obama’s campaign may have been prioritizing registrations, accepting some electronically and requiring others to print and turn in their registrations by mail. Finally, county election officials reported that many of Allpoint’s registration forms appeared to have very similar signatures. […]
CEDAR RAPIDS, Iowa – The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.
FBI agents arrested Peregrine Financial Group Inc. Russell Wasendorf Sr. at a local hospital Friday and he appeared in federal court later in the day on charges […]
The head of a firm which was paid some $50,000 by the Republican Party in Sacramento to sign up new Republican voters this year has “an extensive criminal history, including a prison sentence for stealing from a family she befriended and buying a van with funds stolen from a youth agency.”
Moreover, one of the employees that “professional con-artist” Monica Harris, the head of the GOP’s Momentum Political Services, hired […]
The former treasurer of Taylor, Bean & Whitaker Mortgage Corp., once the 12th largest mortgage lender in the U.S., admitted helping run a $1.9 billion fraud scheme that targeted the governmentâ€™s Troubled Asset Relief Program and contributed to the failure of Colonial Bank.
Desiree Brown, 45, pleaded guilty in federal court in Alexandria, Virginia, to conspiring to commit wire fraud, securities fraud and bank fraud, and agreed to cooperate with […]
The biggest financial story which continues to get absolutely no mention on CNBC just got its latest multi-step escalation: Senator Al Franken has just blasted a letter to Tim Geithner, Shaun Donovan, Secretary of Housing and Urban Development, Eric Holder, John Walsh, Controller of the Currency, Sheila Bair, and, drumroll, Ben Bernanke, telling the recipients that “each of your agencies has an important role to play in addressing […]