May 19, 2022/US SEC The Securities and Exchange Commission announced today that it obtained final judgments on consent against Sohrab “Sam” Sharma, Robert Farkas, and Raymond Trapani. In April 2018, the SEC charged Sharma, Farkas, and Trapani with conducting a fraudulent and unregistered initial coin offering through Centra Tech Inc., […]
Frauds & Scandals
SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities Fraud
Allianz Global Investors Agrees to Pay More Than $1 Billion to Resolve SEC Charges May 17, 2022/US SEC The Securities and Exchange Commission (SEC) today charged Allianz Global Investors U.S. LLC (AGI US) and three former senior portfolio managers with a massive fraudulent scheme that concealed the immense downside risks […]
SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealer
Defendants, including persons barred from the brokerage industry, allegedly sold shares they didn’t own, and pocketed more than $75 million May 16, 2022/US SEC The Securities and Exchange Commission today announced that it obtained asset freezes and other emergency relief against StraightPath Venture Partners LLC, StraightPath Management LLC, Brian K. […]
