The founder and operator of a Swiss asset management firm pleaded guilty in Boston federal court to charges that he engaged with others in a massive global securities fraud scheme that netted proceeds of approximately $164 million.
An employee of Boston-based biotech company PixarBio Corp. pleaded guilty last week to securities fraud charges in connection with a scheme to defraud investors and manipulate the company’s shares.
A convicted fraudster was arrested last week after repeatedly failing to appear for his sentencing hearing and was indicted for bail jumping.
The founder and operator of a Swiss asset management firm was arrested yesterday on charges of engaging in a massive global securities fraud scheme that netted trading proceeds of approximately $164 million.
Federal prosecutors charged a vice president at Goldman Sachs Group Inc. on Thursday with insider trading by illegally using non-public information about several companies that were clients of the investment bank.
A California-licensed securities attorney was convicted Monday by a federal jury in Boston in connection with his role in schemes to manipulate the stock of two publicly traded microcap companies, Greenway Technology and Crown Marketing.
Secretary of State William Galvin charged a Milton man with defrauding investors – many of whom were friends and acquaintances – by convincing them to loan him money in fraudulent house-flipping schemes.
The managing partner of a Waltham-based investment advisory firm was sentenced today in federal court in Boston in connection with a securities fraud scheme known as “cherry-picking” that netted over $1.3 million.
A Brookline man was convicted this week of one count of conspiracy and 10 counts of securities fraud, with each count representing the purchase of Cooper Tire securities by two co-conspirators.
