US Ponzi scheme adviser assets frozen
He raised more than $5.6m from at least 35 investors who were mostly retirees in California
SEC
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US regulator settles charges with advice firms
Over $139m sent back to investors since start of its self-reporting initiative
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Christian concert promoter scams $3m from US investors
Religious trust can leave people ‘vulnerable to investment fraud’, warns watchdog
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US regulator eyes greater investor disclosure
For documents related to life and annuity products Written by Mark Schoeff
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US banking group pays $3bn to settle fake accounts case
This includes a $500m ‘fair fund’ for the benefit of investors ‘harmed’ by its conduct
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Singapore advice firm secures local and US licences
Latest player to open in the Lion City is fee-based and has big ambitions
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US duo charged for running marijuana Ponzi scheme
They managed to con at least 25 investors out of $4.85m
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US regulator imposes freezing order over Ponzi scheme
Firm raised at least $75m from over 500 investors based in America and overseas
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Ex-Goldman Sachs director charged in US over 1MDB role
The SEC has issued a penalty of $43.7m in accordance to a separate forfeiture order
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Ex-Beaufort Securities investment manager pleads guilty
To conspiracy to commit securities fraud and violating Fatca
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US regulator eyes advertising rules change for advisers
And plans to further protect investors when it comes to adviser relationships with solicitors
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Raymond James to pay $15m for overcharging US investors
Retail clients overpaid fees because firms failed to review accounts