Month: January 2011
-
BULLETIN: At Least 2 People Shot At Gardena High School Near Los Angeles; Teen Taken Into Custody On Live TV As Confusing Scene Plays Out
At least two people have been shot at Gardena High School near Los Angeles, KTLA is reporting. Early reports from a host of media sources were wildly conflicting. The first reports described a situation in which a gunman who had shot three people had either fled the scene or was holed up inside a classroom,…
-
URGENT >> BULLETIN >> MOVING: New York Man Arrested After Threatening To Kill CFTC, SEC, NFA And FINRA Regulators; Vincent McCrudden Used Emails, Website To Terrorize Officials, Prosecutors Charge
A New York man sued by the CFTC last month for registration violations has been arrested on criminal charges of threatening to kill 47 current or former market regulators, federal prosecutors said. Vincent P. McCrudden, 49, who recently had been living in Singapore, was arrested yesterday by the FBI at Newark Liberty International Airport after…
-
British Con Man Pleads Guilty In £14 Million Ponzi Scheme; Terry Freeman ‘Archetypal Fraudster Happy To Steal Money And Ruin Lives,’ London Detective Says
An Essex trader jailed in 1997 for financial fraud emerged from prison with a new name and swindled investors of £14 million ($28.8 million), the City of London Police Department said. Terry Freeman, 62, known as Terrence Sparks when he was jailed 14 years ago, pleaded guilty in Southwark Crown Court to fraudulent trading, engaging…
-
FTC: Company Sold Bogus ‘Green’ Certifications To ‘Anyone Willing To Pay A Fee’; Firm Known As ‘Tested Green’ Hawked ‘Worthless Labels,’ Agency Says
A company that called itself “Nonprofit Management LLC” and did business as “Tested Green” sold bogus environmental certifications and ramped up the deception by implying it was independently endorsed by the National Green Business Association and the National Association of Government Contractors, the FTC said. Not only were the environmental certifications bogus, the purported endorsements…
-
Federal Judge, 5 Others Shot And Killed In Arizona; Suspect Lamented About ‘Gold Standard’ And ‘Currency’; Rep. Gabrielle Giffords Shot At Close Range, Survives Emergency Surgery
A federal judge was shot and killed in Arizona yesterday in an attack apparently aimed at a member of Congress who was holding a constituent event outside a supermarket in Tucson, an official said. Rep. Gabrielle Giffords was shot in the head at close range. President Obama said she was battling for her life after…
-
Spectacular Ponzi Scheme Alleged In Utah By SEC; Attorney Who Didn’t Do Homework Helped Fraudster Grease Money Wheel By Calling Investment ‘One Of The Best He Had Ever Seen,’ Agency Says
EDITOR’S NOTE: If you’re an autosurf or HYIP promoter — or a person who is accepting fees for driving business to an investment opportunity based on assertions you cannot independently verify to be truthful — the story below should be instructive. It perhaps will be particularly instructive if part of your fraud game plan is…
-
SEC: Broker Ripped Off Elderly Nuns In New York; Paul George Chironis Targeted Sisters Of Charity In Churning Scam, Agency Says
A Long Island, N.Y.-based broker ripped off “a congregation of mostly elderly nuns in the Bronx” in a churning scheme in which he repeatedly executed trades that eroded the value of two accounts held by the Sisters of Charity to line his own pockets, the SEC said. Paul George Chironis, 58, of Melville, N.Y., has…