December 4, 2023

US SEC files charges in busted microcap schemes include Cayman Islands broker

Washington D.C., July 13, 2018 — The Securities and Exchange Commission has charged a stock promoter and four others involved in an alleged series of microcap fraud schemes that were foiled by FBI undercover work and an SEC trading suspension. According to the SEC’s complaint filed in federal court in southern California on July 6, […]

Bottini & Bottini, Inc. Files Securities Class Action Lawsuit on Behalf of Persons Who Bought Stock in the IPO of ZTO Express (Cayman), Inc. (NYSE: “ZTO”)

SAN DIEGO, Aug. 15, 2017 (GLOBE NEWSWIRE) — Bottini & Bottini, Inc., a law firm specializing in securities class action litigation, announces that it has filed a class action lawsuit on behalf of all persons who purchased the common stock of ZTO Express (Cayman), Inc. (NYSE:ZTO) pursuant to the Registration Statement and Prospectus issued in […]

Caribbean Immigrant Dies In ICE Custody

From NAN News Americas, NEW ORLEANS, Louisiana, Thurs. Mar. 16, 2017: A 47-year-old Caribbean immigrant who was transferred to the custody of the U.S. Immigration and Customs Enforcement agency only this January has died. Roger Rayson, who was born in Jamaica, died at the Lafayette General Hospital in New Orleans. An ICE statement says the […]

FTC, States put remaining defendants in massive Caribbean cruise lines robocall operation in permanent dry dock

The Federal Trade Commission and 10 states have closed the book on the remaining defendants who assisted a Florida-based cruise line company in running an illegal telemarketing campaign that flooded consumers with billions of unwanted robocalls. In settling the charges, Fred Accuardi and his companies are barred from robocalling and illegal telemarketing, as well as […]

Owner of Florida Telecommunications company pleads guilty or involvement in international cellphone fraud scheme

From US Department of Justice Owner of Florida Telecommunications Company Pleads Guilty, Second Defendant Sentenced to 52 Months in Prison for Involvement in International Cellphone Fraud Scheme The owner and operator of a Florida-based telecommunications company pleaded guilty today and a West Palm Beach, Florida, resident was sentenced yesterday to 52 months in prison in […]

U.S. judge approves but critiques SEC’s ‘phantom’ deal with [Cayman Islands] bank

By Nate Raymond | NEW YORK From Reuters The U.S. Securities and Exchange Commission on Wednesday won approval of a settlement with failed Cayman Islands-based Caledonian Bank Ltd, despite criticism by a federal judge of the regulator’s handling of the case and of the accord itself. U.S. District Judge William Pauley in Manhattan questioned whether […]

Former owner and manager of Miami-Area home health agencies sentenced to 20 years in prison for role in $57M Medicare fraud scheme

From US Department of Justice The owner and manager of three now-defunct Miami-area home health agencies was sentenced today to 240 months in prison for his role in a $57 million Medicare fraud scheme. Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District […]

US: Miami Gardens resident pleads guilty to participating in sophisticated International cellphone fraud ccheme

From US department of Justice A Miami Gardens, Florida, resident pleaded guilty today to multiple criminal charges in connection with a sophisticated global cell phone fraud scheme that involved compromising cellphone customers’ accounts and “cloning” their phones to make fraudulent international calls. U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida, Assistant Attorney […]

US: Indictment alleges murder-for-hire plot against Ohio federal judge

By Zoe Tillman, The National Law Journal From New York Law Journal A federal judge in Ohio was the intended target of a murder-for-hire plot, according to an indictment returned by a federal grand jury on Wednesday. Yahya Farooq Mohammad is charged with attempting to orchestrate the kidnapping and murder of U.S. District Judge Jack […]

CBS wins fight over rights to play oldies

By Amanda Bronstad, From The National Law Journal CBS has amped up the fight over sound recordings made prior to 1972 with a rare win in California. A federal judge in the Central District of California granted summary judgment on Monday in a case brought by four recording companies asserting rights over 174 sample song […]