Frauds & Scandals

SEC Charges Ponzi Scheme Targeting U.S. Military Service Members

September 21, 2020/US SEC The Securities and Exchange Commission today announced settled charges against a Colorado man for defrauding investors, including cadets at the U.S. Air Force Academy. The SEC’s complaint alleges that over a two-year period, Milton J. Dosal, Jr. raised nearly $100,000 from approximately 41 investors under the […]

Global Banks Defy U.S. Crackdowns by Serving Oligarchs, Criminals and Terrorists

Culled—Proshare September 21, 2020 by ICIJ The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system. Key Findings Global financial giants have moved a flood of dirty money tied to mobsters, fraudsters and corrupt regimes. Big banks shift money for people they […]