Joanna Smith-Griffin, the founder of ALLHere Education, was arrested on fraud charges Tuesday after being accused of using investor funds for personal expenses as her AI education company collapsed. Smith-Griffin, …
securities fraud
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by AriseNews WASHINGTON — The U.S. Securities and Exchange Commission (SEC) has charged Nigerian auditor Olayinka Oyebola and his firm, Olayinka Oyebola & Co. (Chartered Accountants), for allegedly aiding and …
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Ravie Lakshmanan Robert Westbrook, a 39-year-old London resident, has been charged with a massive hack-to-trade fraud scheme that allegedly brought him nearly $3.75 million in illegal profits. The U.S. Department …
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The U.S. Attorney’s Office for the Western District of North Carolina announced that Steven Andiloro, 53, of Mooresville, has pleaded guilty to securities fraud and wire fraud. Andiloro admitted to …
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FinancialInvestment Scams
Ex-Broker Christopher Wendel Arrested for Allegedly Defrauding Ohio Investors Out of $1 Million
Christopher T. Wendel, a former broker with 28 years of experience in the securities industry, was arrested in Mercer County, Ohio, and faces 96 criminal charges for allegedly defrauding more …
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DETROIT, MI — A self-proclaimed shaman with multiple aliases and a criminal history has been arrested on federal fraud charges linked to a multi-million dollar scheme targeting investors. Bobby Shumake …
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By Rob Wolchek and David Komer Robert Shumake is a figure known for constantly reinventing himself—whether as a businessman, author, or spiritual leader of a church. However, one constant in …
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A former CNBC analyst, James Arthur McDonald, 52, was arrested over the weekend after being charged with defrauding investors, federal prosecutors announced on Monday. McDonald, who was a frequent guest …
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Carlos Watson, the founder of Ozy Media, and the company itself were found guilty of fraud by a Brooklyn federal jury on July 16. The conviction stems from accusations that …
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Baba Nadimpalli, the founder and former CEO of San Francisco-based artificial intelligence startup SKAEL Inc., is facing serious charges for allegedly defrauding investors out of millions. Federal prosecutors have charged …