Alex_Hope

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Alex_Hope
Entries posted by Alex_Hope

The Ohio Department of Commerce has brought charges of securities fraud against Wayne T.Essex and his three companies – HR Reconciliation LLC, Essex HR & Associates Inc.  and Essex and Associates Inc. The complaint also has resulted in Essex and his companies being barred from selling (in any form) securities and interacting with investors.  They […]

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LAS VEGAS – Mortgage fraud has been in the crosshairs of a nationwide clampdown called Operation Stolen Dreams.  As part of this Operation, one of the latest people to be nabbed is Mortgage Fraud Loan Michael Capodici who has been involved in a mortgage fraud scheme for around 1 year between 2005 August and 2006 […]

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LOS ANGELES – Stanley C. Brooks, the former Chief Executive Officer of Brookstreet Securities Corp has been order to pay a $10 million penalty in a securities fraud case.  The order was passed by a Los Angeles federal judge, Honorable David O.Carter.  The order was passed on the 1st of March this year and follows […]

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Charlotte, NC – Mitchell Brian Huffman, a Charlotte – based operator of a commodity pool scheme that promised high returns using a “proprietary trading program”, has been charged by the CFTC with fraud regarding exchange-traded commodity futures contracts. Huffman, who never registered with the CFTC, solicited an amount of about $3.2 million from about 30 […]

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Renee Marie Brown, 48, an investment adviser from Golden Valley, entered a guilty plea to cheating investors of $1.1 million before the United States District Court Judge, Susan Richard Nelson, in St. Paul. According to her plea agreement, Brown persuaded investors to invest in a limited liability company styled “Investors Income Fund X, LLC”, which […]

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John Kinnucan and his firm Broadband Research Corporation from Oregon have been charged with insider trading.  The charges have been leveled against them by the Securities and Exchange Commission (SEC).  The SEC has filed a civil injunctive action against Kinnucan as part of their ongoing investigation of insider trading.  The action has been filed in […]

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Trusting Loan Thituong Nguyen and Lynn Eichenberger proved traumatic for 17 Vietnamese Americans.  These victims were allegedly cheated by the two women in $2 million real estate investment fraud scheme. The women worked the scheme in two ways, according to prosecutors.  In one plan Nguyen solicited the people by stating she had opportunities for property […]

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NEW YORK – Michael Binday, James Kevin Kergil, and Mark Resnick have all been indicted of defrauding major insurance companies to the tune of $100 million.  The three insurance agents managed to do this by getting the insurance companies to issue life insurance policies to straw buyers when the real owners of the policies were […]

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Hedge fund adviser Pentagon Capital Management PLC (PCM) and Lewis Chester, PCM’s Chief Executive Officer, “egregiously violated” the federal laws and were found guilty of securities fraud by United States District Judge Robert W. Sweet of the Southern District of New York.  PCM is based in the United Kingdom. In his opinion issued on February […]

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GLENCOE – Illinois resident Kenneth A. Dachman was charged with securities fraud and the misappropriation of more than $1.8 million in investor funds.  Dachman perpetrated his fraud by making false statements that misled investors as far as offerings in his companies were concerned, according to the Securities and Exchange Commission.  Dachman was the Chairman of […]

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