Tag: fraud
Judge Rejects Prison Delay for Convicted Crowdfunding Scammer Elie Schwartz
New York real estate developer Elchonon “Elie” Schwartz has lost his attempt to delay prison time after being sentenced...
Navigating Regulation D
Updated September 20th, 2024“Overall, our analysis confirms that Regulation D accounted for significantly more capital raising than Regulation A,...
How AI Deepfakes Are Fueling High-Stakes Scams: A $25M Fraud in Hong Kong
A coworker on a conference call in Hong Kong was duped into wiring $25 million to scammers who used...
SEC Charges Russell Todd Burkhalter and His Atlanta-Based Firm With $300 Million Ponzi Scheme and Obtains Emergency Relief
Burkhalter allegedly stole investor funds to buy a $3.1 million yacht and fund lavish lifestyleFor Immediate Release2024-97Washington D.C., Aug....
Elio Motors: The Three-Wheeled Dream That Left Investors Spinning
Elio Motors, once hailed as the future of affordable, fuel-efficient vehicles, is now a symbol of broken promises and...