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.
Fraud Investigation They Sold False Hope to Alzheimer’s Families. Then Called It a Business Opportunity. EvilCorporations.com • FTC v. Neora LLC, Case No. 3:19-cv-19699 (D.N.J.) • 45 min read The Bottom Line TL;DR Nerium International (now rebranded as Neora LLC)…
FINRA Enforcement Action • AWC No. 2023077057701 Stonecrest Capital:$45K Fine for a Whole Year of Inaccurate Reporting EvilCorporations.com • FINRA AWC No. 2023077057701 | Austin, TX • 12 min read TL;DR Stonecrest Capital Markets, Inc., a FINRA-regulated brokerage in Austin,…
CFTC Enforcement • CFTC Docket No. 24-19 • Market Manipulation They Rigged the Gas Price, Then Cashed In EvilCorporations.com • CFTC Docket No. 24-19 • 19 min read TL;DR TOTSA TotalEnergies Trading SA, the trading arm of the global energy…
Investigative Report • Housing • Corporate Malfeasance How Invitation Homes Milked Millions Through Illegal Hidden Fees EvilCorporations.com • FTC Case 1:24-cv-04280-SEG • 52 min read TL;DR Invitation Homes, the largest single-family home landlord in the United States with over 80,000…
Federal Fraud Case • District of Minnesota The Futures Con:How Flip 2 Futures Robbed Nine Working People EvilCorporations.com • CFTC v. Miller et al., Civ. No. 23-436 (JWB/JFD) • 39 min read TL;DR Richard “Rick” Miller and his company Flip…
EvilCorporations.com • CFTC Docket No. 24-20 • 15 min read Regulatory Fraud • Futures Market • CFTC Enforcement Nasdaq Futures Lied to Federal Regulators for Three Years. It Cost Them $22 Million. TL;DR Nasdaq Futures, Inc. (NFX) ran a secret,…
Biogenic Entities Defrauded 55+ Investors of $7M in Fake Medical Device Scheme Corporate Misconduct Accountability Project Biogenic Inc. and Related Entities · SEC enforcement action Biogenic Entities Defrauded 55+ Investors of $7M in Fake Medical Device Scheme A network of…
Upright Financial Defrauded Investors After SEC Settlement Corporate Misconduct Accountability Project Upright Financial Corp. · SEC Enforcement Action Upright Financial Defrauded Investors After SEC Settlement Investment adviser David Chiueh and Upright Financial Corp allegedly continued violating fund concentration limits for…
EvilCorporations.com • Case No. 1:25-cv-00681, E.D. Virginia • 29 min read PGI Global’s $198M Cryptocurrency Ponzi Scheme How Ramil Ventura Palafox sold fake crypto profits to everyday investors worldwide, pocketed $57 million, bought Lamborghinis with their Bitcoin, and transferred the…
EvilCorporations.com • Financial Fraud Investigation Forged Government Seals, Fake Audits, and Stolen Savings: How Aureus Revenue Group Ran a Ponzi Scheme on Immigrant Families EvilCorporations.com • Case 6:24-cv-01603, USDC Middle District of Florida • 37 min read TL;DR From September…