Archive for April 19th, 2010

Former Enron Prosecutor Chosen To Direct Financial Fraud Enforcement Task Force; Website Debuts

Former Enron Prosecutor Chosen To Direct Financial Fraud Enforcement Task Force; Website Debuts

The executive director of the newly created Financial Fraud Enforcement Task Force is a veteran federal prosecutor who served on the team that shined the light on the spectacular fraud of Enron Corp. and gained the convictions of former executives Kenneth Lay and Jeffrey Skilling in 2006. Meanwhile, the Task Force now has its own […]

Another HYIP Pushed By ASD Members Now DOA; Cypriot, Canadian Securities Regulators Issue Warnings About Genius Funds; Regulator Seeks Criminal Probe

Another HYIP Pushed By ASD Members Now DOA; Cypriot, Canadian Securities Regulators Issue Warnings About Genius Funds; Regulator Seeks Criminal Probe

Regulators in Cyprus have referred Genius Funds for criminal investigation and released a warning that the company “[is] not permitted to provide investment and ancillary services in the Republic.” Genius Funds, a darling of the HYIP world,  was heavily promoted on the Ponzi boards. The program also is known as Genius Investments. The program was […]