Posts tagged Securities Fraud

• Philadelphia stockbroker pleads guilty of fraud

  Staff Writer | January 15, 2007 1:40 PM | 0 CommentsCheyenne, WY Category: Miscellaneous
  

  A report from The Philadelphia Inquirer reported last week that a stockbroker in suburban Philadelphia pleaded guilty in court to securities fraud. Robert M. Montani, a compliance officer at Bryn Mawr Investment Group/Valley Forge Securities, admitted hiding money from the IRS, manipulating stock prices and skimming commissions. Montani may face 33 to 41 months in prison.If you or someone you...

• Status of Enron Charges

  Staff Writer | August 09, 2006 9:09 PM | 0 CommentsCheyenne, WY Category: Miscellaneous
  

  If you've been wondering what happened to all those people charged in the Enron Scandals, BusinessWeek has decided to help you out and provide us with an Enron Status Update.

• Lottery Fraud

  Staff Writer | August 09, 2006 9:05 PM | 0 CommentsCheyenne, WY Category: Miscellaneous
  

  Who thought you'd have to beware of winning the lottery? Someone gets a call telling them they have won the lottery, they only need to pay some transaction fees to get their winnings ... the fees they pay disappear with the person to whom they paid the fees. This con doesn't even bother messing around with securities, it just goes straight for the victim's cash with nothing to show for it.

• Vail Resorts May Be Sued by SEC

  Staff Writer | August 07, 2006 12:39 PM | 0 CommentsCheyenne, WY Category: Miscellaneous
  

  According to a recent report, the Securities and Exchange Commission (SEC) may file a civil lawsuit against Vail Resorts, Inc., a company that owns ski resorts in both Wyoming and Colorado. With investigations beginning in 2003, the SEC has brought into question the company's financial restatements after changing the way it accounted for club fees in 2002.