A Plague on All Their Houses
- Shkreli Faces Fraud Charges. Investor's Business Daily // Investors Business Daily;12/18/2015, pA01
7 Martin Shkreli, the controversial pharma CEO, was arrested in New York on securities fraud charges. The U.S. says he lied about the performance of 2 hedge funds he ran and used assets of fund
- NJ Ex-Investment Firm Head Admits Defrauding Clients. // India -- West;5/30/2014, Vol. 39 Issue 28, pA33
The article reflects on Shreyans Desai, president of Iselin, New Jersey-based Shreysiddh Capital LLC, who has been pleaded guilty for defrauding investors out of more than 250,000 U.S. dollars, and will face 20 years of prison in the U.S. for the fraud.
- Sun Country Airlines files Ch. 11 bankruptcy. // Inside Tucson Business;10/13/2008, Vol. 18 Issue 19, p3
The article reports on the Chapter 11 bankruptcy protection filed by Sun Country Airlines Inc. on October 6, 2008. The company decided to file bankruptcy protection after running into a cash squeeze as a result of the fraud charges against the founder of its parent company Thomas Petters, which...
- Cloudy Future for Sun Country. Compart, Andrew // Aviation Week & Space Technology;10/13/2008, Vol. 169 Issue 14, p47
The article reports on the bankruptcy of the Sun Country in 2008. The U.S. government is accusing Thomas Joseph Petters and alleged co-conspirators of participation in defrauding investors of the carrier out of more than $3 billion. With this, Sun Country was compelled to file for Chapter 11...
- Hauke receiver files suit to recover $600k from Arizona investor. Wall, J. K. // Indiana Lawyer;4/27/2012, Vol. 23 Issue 4, p10A
The article reports on the filed suit by Larcher Investments LP and its manager David Larcher in Arizona by attorney William Wendling Jr. against Keenan Hauke regarding the refund of the 600,00 dollar-investment that Larcher had given to Hauk's Samex Capital Partners LLC.
- CHAPTER VIII: FURTHER ASPECTS OF THE VANDERBILT FORTUNE. Myers, Gustavus // Great Fortunes from Railroads;1/1/1910, p118
Chapter 8 of the book "Great Fortunes from Railroads," by Gustavus Myers is presented. It explores the corrupt and fraudulent methods followed by the third generation of Vanderbilt family to hold their position in controlling the U.S. railroad systems. It also discusses the diverse business...
- SEC Custody Rules Anti-Madoff. Gutierrez, Carl // American Banker;4/20/2010, Vol. 175 Issue 60, p11
The article reports on the U.S. Securities and Exchange Commission's 2010 decision to update its custody rule which was developed as a result of the Investment Advisers Act of 1940. The commission made the changes in an effort to prevent financial fraud cases such as the Ponzi scheme case of...
- Fleet's Argentina Unit Charged with Fraud. // American Banker;11/8/2002, Vol. 167 Issue 215, p20
Reports that an Argentine judge has filed fraud charges against FleetBoston Financial Corp.'s head Manuel Sacerdote and other managers as of November 2002. Alleged refusal by the accused to return deposits to clients during last year's run on banks; Panic among investors; BankBoston's decision...
- SEC Official: Commission Should Affirm Judge's Miami Ruling. Sigo, Shelly // Bond Buyer;11/27/2001, Vol. 338 Issue 31272, p36
Reports that the U.S. Securities and Exchange Commission should affirm the ruling of chief administrative law judge Brenda P. Murray admonishing Miami, Florida for violating securities fraud laws in the mid-1990s. Decision given by the judge regarding Miami; Reason behind the opposition of the...