New team to combat financial fraud
Investment scheme raised $9.6 million from 943 investors
Advisors should operate under a single, rigorous fiduciary standard, group says
Harper expresses sympathy for victims of fraud
The former chief financial officer of Standford Financial Group, the firm that has been accused of perpetrating a US$7 billion fraud, has pled guilty to fraud and obstruction charges.The U.S. Federal Bureau of Investigation reports that James Davis, 60, was charged with conspiracy to commit mail, wire and securities fraud; mail fraud; and conspiracy to […]
Declaration means Jones's personal property can soon be put up for sale
Resulting investor losses totalled almost US$1 billion
Boiler room operation drew investments totalling more than $650,000
Quebec’s securities regulator cautioned investors Wednesday about an organization called the International Organization of Securities Commission (IOSC), which is not to be confused with the International Organization of Securities Commissions (IOSCO)).The Autorité des marchés financiers (AMF) says the IOSC website uses as logos and without authorization the shields of U.S. agencies such as the U.S. […]
Trustee to see how much money is left in Earl Jones’ company