Archive for March 1st, 2011

SEC Charges Rajat K. Gupta, One Of World’s Top Business Consultants, In Insider Trading Case Involving Raj Rajaratnam, One Of America’s Richest Men

SEC Charges Rajat K. Gupta, One Of World's Top Business Consultants, In Insider Trading Case Involving Raj Rajaratnam, One Of America's Richest Men

In a case apt to plague Wall Street with questions about whether people on Main Street should trust it,  the SEC has accused one of the world’s foremost business consultants with providing illegal “insider trading” tips that lined the corporate pockets of one of the richest men in the world. Rajat K. Gupta is accused […]

Florida Serves Up Another Bizarre One: CFTC Files Emergency Action To Halt Alleged Ponzi Scheme; David L. Ortiz Charged Amid Allegations ‘Holistic’ Health Firm Was Collecting Forex Funds

Florida Serves Up Another Bizarre One: CFTC Files Emergency Action To Halt Alleged Ponzi Scheme; David L. Ortiz Charged Amid Allegations 'Holistic' Health Firm Was Collecting Forex Funds

A Florida man who operated a website known as “Forex Futures Trader” to drive business to his Ponzi scheme has been sued for fraud in an emergency action, the CFTC said. Some of the cash was routed through a firm that continued to do business despite the fact it was dissolved by the state in […]