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The $113 Million Loan That Put Philip Falcone in the SEC’s Crosshairs

Philip A. Falcone was once one of the most celebrated names on Wall Street. At the height of the financial boom, the Harvard-educated hedge fund manager was known for making enormous bets

February 10, 2025

Finance·News

Remi Barbier and the Alzheimer’s Drug Controversy That Shook Biotech

When Remi Barbier stood before investors promising a new approach to Alzheimer’s disease, Cassava Sciences looked like one of the most unlikely success stories in biotech. The Texas-based company, once a struggling

February 7, 2025

Finance·News

David Kushner and the $10.5 Million Investment Pitch That Ended in Fraud Allegations

David Kushner sold investors a story that sounded both sophisticated and safe. Money would be pooled through a series of limited liability companies and deployed into short-term loans tied to sports agents

February 4, 2025

Finance·News

Omar Wala : From Entrepreneur to Federal Prison

Who is Omar Wala Omar Thomas Wala is a 35 year old self proclaimed Entrepreneur from Hialeah, Florida who was convicted in the United States for running a large counterfeit drug operation.

February 4, 2025

News

Navy Capital Exposed: SEC Says Cannabis Hedge Fund Misled Investors as Red Flags Went Ignored

Navy Capital Green Management built its reputation as a specialist in cannabis investing at a time when money was pouring into the legal marijuana industry. The Connecticut-based hedge fund adviser presented itself

February 1, 2025

Finance·News

Steven Teixeira and the Insider Trading Scheme Built Around a Girlfriend’s Work Laptop

Some of Wall Street’s biggest insider trading scandals have involved corporate executives, hedge fund managers or investment bankers. This one started somewhere far more ordinary: a shared apartment during the COVID-19 pandemic.

January 22, 2025

Finance·News

Sacramento Woman Pleads Guilty in $10M Ponzi-Style Litigation Funding Fraud Case

A Sacramento-based woman accused of orchestrating a years-long investment fraud scheme that promised unusually high, fixed monthly returns to hundreds of investors is now facing both criminal conviction and civil enforcement action

January 21, 2025

Finance·News

The $325,000 SEC Fine That Put First Horizon Advisors Under the Spotlight

Most investors have probably never heard of First Horizon Advisors. The firm isn’t a household name on Wall Street, and until recently it wasn’t attracting much attention from regulators either. But in

January 12, 2025

Finance·News

Sciens Investment Management and the $780,000 SEC Settlement Over Investor Fees

The U.S. Securities and Exchange Commission rarely charges an investment adviser with using the wrong value for assets to inflate its own fees. When it does, the case raises uncomfortable questions about

January 10, 2025

Finance·News

How Inspire Investing’s Biblical Investment Strategy Led to SEC Charges and a $300,000 Settlement

Investors who choose faith-based funds are usually looking for more than financial returns. They’re looking for alignment between their money and their beliefs. That’s what made a 2024 enforcement action against Inspire

January 7, 2025

Finance·News