Tag: investment scam

sec charges
April 30, 2019 BY Valentina Kirilova

SEC stops ticket resale investment scam

The Securities and Exchange Commission (SEC) announced that it has charged a New York City man with continuing a previously charged scheme. According to the US regulator, James Siniscalchi, Chief Compliance Officer, at a firm, claiming to have special access to profitable and highly sought-after event tickets, knowingly misused investor money to benefit himself and…

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November 07, 2016 BY admin

Dubai Forex investment scam has duped investors seeking private investigator

The National, a UAE English news source reported today of an FX trading investment scam proposing returns up to 120%. It is believed that more than 6,000 investors deposited about US$300 million (Dh1.1 billion) to the perpetrators. Specifically, investors say they have lost millions of dirhams in a Dubai Forex scam and have now turned…

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May 16, 2016 BY LeapRate Staff

ASIC reports doubling of investment scam losses in 2015

Australia financial regulator ASIC has issued its annual Targeting Scams report as part of Australia's Consumer Fraud Week 2016. The report shows that losses reported to the ASIC's Scamwatch website from investment scams doubled in 2015. ASIC data indicates that a wide variety of scams, including investment and 'get rich quick' scams, continue to hit Australians.…

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