Tag: #fraud

SEC Sues Three Former Tricolor Executives Over Alleged ABS Fraud

SEC filed a civil case Aug. 18 accusing three former Tricolor executives of double-pledging loans and falsifying data in ABS offerings before the lender's 2025 collapse.

#securities, #sec, #autolending, #abs, #fraud

CFTC Sues Goliath Ventures and CEO Christopher Delgado in $397 Million Crypto Ponzi Case

CFTC sued Goliath Ventures and CEO Christopher Delgado, alleging a $397M bitcoin/ether Ponzi that victimized about 1,600 customers.

#cftc, #crypto, #ponzi, #sec, #fraud

SEC Creates Financial Reporting and Accounting Unit to Target Accounting Fraud

On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.

#sec, #accounting, #enforcement, #securities, #fraud

Goliath Ventures CEO Pleads Guilty in Scheme That Took at Least $400 Million

Goliath Ventures CEO Christopher Delgado pleaded guilty to wire fraud and money-laundering for a crypto investment scheme that took at least $400M.

#crypto, #fraud, #doj, #florida

Former Goliath Ventures CEO Christopher Delgado Pleads Guilty in Crypto Fraud Case

Ex-Goliath Ventures CEO Christopher Delgado pleaded guilty to conspiracy, wire fraud and money laundering in a crypto scheme tied to hundreds of millions of dollars.

#cryptocurrency, #fraud, #finance, #goliathventures

Bitcoin Rodney Pleads Guilty to Unlicensed Money-Transmitting Conspiracy in HyperFund Case

Rodney “Bitcoin Rodney” Burton pleaded guilty June 15 in Maryland to conspiracy to operate an unlicensed money‑transmitting business in the HyperFund case.

#hyperfund, #cryptocurrency, #fraud, #doj

Former Hodlnaut CEO Charged in Singapore Over Alleged False Claims About UST Losses

Singapore police charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts, accusing him of misleading users about the company’s TerraUSD exposure after UST’s 2022 collapse.

#hodlnaut, #terraust, #crypto, #fraud