Selected Press Releases
SEC Charges optionsXpress and Five Individuals Involved in Abusive Naked Short Selling Scheme
04/16/2012
The Securities and Exchange Commission today charged an online brokerage and clearing agency specializing in options and futures as well as four officials at the firm and a customer involved in an abusive naked short selling scheme.Read moreSEC Shuts Down Ponzi Scheme Targeting Persian-Jewish Community in Los Angeles
04/13/2012
The Securities and Exchange Commission today obtained an emergency court order to halt an ongoing Ponzi scheme that targeted members of the Persian-Jewish community in Los Angeles.Read moreSEC Charges Ponzi Schemer Targeting Church Congregations
04/12/2012
The Securities and Exchange Commission today charged a self-described “Social Capitalist” with running a Ponzi scheme that targeted socially-conscious investors in church congregations.Read moreSEC Charges China-Based Company and Others with Stock Manipulation
04/11/2012
Washington, D.C., April 11, 2012 — The Securities and Exchange Commission today charged AutoChina International Limited and 11 investors, including a senior executive and director at the China-based firm, with conducting a market manipulation scheme to create the false appearance of a liquid and active market for AutoChina’s stock.Read moreSEC Charges South Florida Man in Investment Fraud Scheme
04/06/2012
The Securities and Exchange Commission today charged that a South Florida investment manager defrauded investors by making false claims about his investment track record and providing bogus account statements that reflected fictitious profits.Read more