Financial fraud includes activities like embezzlement, insider trading, and accounting fraud, inflicts substantial harm on society. It distorts the transparency and efficiency of financial markets, leading investors and regulators to make decisions based on false information, which can destabilize entire economic systems. The direct victims of financial fraud—ranging from individual investors to large corporations—can face devastating financial losses, potentially wiping out life savings or crippling business operations.
TL;DR Joseph Stone Capital, a registered broker-dealer with roughly 30 reps, broke FINRA’s Taping Rule for nearly three years, from September 2021 through July 2024. The firm failed to record client phone calls for six of its registered representatives, losing…
EvilCorporations.com Investigates · Financial Industry · FINRA Enforcement The CEO Who Looted His Own Firm on the Way Down Source: FINRA AWC No. 2022076084101 · Percival Financial Partners, Ltd. & Kenneth P. Taylor, Sr. · Published April 21, 2025 TL;DR…
Fraud Investigation | Fort Worth, Texas | Filed August 31, 2023 They Called It House Flipping. The SEC Calls It Fraud. Brady Jack Speers and Chatree “Ben” Thiranon ran a Texas real estate investment company called Blue Star. They raised…
TL;DR Jack Brewer, a former NFL player turned licensed investment advisor, used secret corporate information to dump $104,178 (enough to cover a year of groceries for 5 average American families) worth of stock the day before a devastating public announcement.…
TL;DR David A. Nagler, sole owner of New Line Capital, LLC in Santa Fe, NM, secretly charged retirees and elderly clients fees beyond what he promised them in writing, from at least April 2019 through December 2024. Nagler collected approximately…
Corporate Accountability • Health Insurance • ERISA Fraud Blue Cross Blue Shield Profited From Its Own Errors (At Our Expense) Decided & Filed: May 21, 2025 • United States Court of Appeals, Sixth Circuit TL;DR Blue Cross Blue Shield of…
Investigative Report | Securities Fraud | Investor Protection Five Years of Zero Oversight: How MD Global Partners Willfully Abandoned Its Investors Source: FINRA Letter of Acceptance, Waiver, and Consent | Accepted April 11, 2025 | Published by EvilCorporations.com FINRA Violation…
Financial Misconduct Investigation | FINRA AWC No. 2021072004801 How TP ICAP Failed to Police Market Manipulation for Five Years Reported by EvilCorporations.com | Source: FINRA Letter of Acceptance, Waiver, and Consent, accepted April 4, 2025 TL;DR WHO: TP ICAP Global…
TL;DR The Bonneville Power Administration (BPA) controls roughly one-third of all electricity consumed in the Pacific Northwest. It runs on power generated by federal dams across the Columbia River Basin. Those same dams helped obliterate what were once the largest…
Financial Crimes Investigation | FINRA Enforcement | Wall Street Accountability 250 Violations. One Censure. $150,000. J.P. Morgan broke the rules protecting you from stock manipulation two hundred and fifty times. The regulator charged with stopping them let them write a…