Federal prosecutors have charged Jeffrey Spotts, 58, of Summit, New Jersey, with orchestrating a $294 million securities fraud conspiracy while serving as CEO and co-founder of Prophecy Asset Management LP, …
Tag:
investor fraud
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Hunter Haithcock, a 24-year-old from Matthews, North Carolina, has pleaded guilty to wire fraud and investment advisor fraud after stealing at least $657,000 from more than 64 investors, including individuals …
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NEW YORK (WSJ/CBS12) — Federal prosecutors have charged financier Paul Regan with orchestrating a massive investment fraud scheme that defrauded more than 300 investors out of at least $50 million, …
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In a major breakthrough, Gomtinagar police busted a gang that ran a fake investment scheme and posed as special operations group (SOG) officers to intimidate victims. Four suspects were arrested …
by Ananya Mehta -
JOHNSTOWN, Pa. — A Florida man has been sentenced to over six years in federal prison for his role in a multi-million-dollar rental property scam that targeted out-of-state investors in …
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CALIFORNIA — The U.S. Department of Justice announced on August 21, 2025, that Joseph Neal Sanberg, 46, co-founder of Aspiration Partners, has agreed to plead guilty to a massive fraud …
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Thoko Evelyn Ndlovu, 37, has been sentenced to 13 years in prison for defrauding Old Mutual clients of R2.5 million and laundering the stolen money through her personal account. Ndlovu …
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SEOUL — Song Jin-ho, who ran as an independent candidate with number 8 in the 21st presidential election, has been arrested on charges of fraud, police announced on the 21st. …
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The Special Crime Unit of the city police on Wednesday arrested a couple accused of running a fraudulent gold trading scheme, duping multiple investors of around Rs12.6 crore. The accused, …
by Ananya Mehta -
Felipe Souza, 27, of Boca Raton, Florida, has been arrested and charged in connection with a bait-and-switch scheme that defrauded 16 investors out of more than $410,000 by promising high …