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Securities fraud includes outright theft from investors and misstatements on a public company's financial reports. The term also encompasses a wide range of other actions, including insider trading and front-running and other illegal acts on the trading floor of a stock or commodity exchange. According to the FBI, securities fraud includes false information on a company's financial statement and Securities and Exchange Commission (SEC) filings; lying to corporate auditors; insider trading; stock manipulation schemes, and embezzlement by stockbrokers. Types of securities fraudThis section requires expansion.Corporate fraudFraud by high level corporate officials became a subject of wide national attention during the early 2000s, as exemplified by corporate officer misconduct at Enron. It became a problem of such scope that the Bush Administration announced what it described as an "aggressive agenda" against corporate fraud. Less widely publicized manifestations continue, such as the securities fraud conviction of Charles E. Johnson Jr., founder of PurchasePro in May 2008. FBI director Robert Muller predicted in April 2008 that corporate fraud cases will increase because of the subprime mortgage crisis. From Wikipedia under the
GNU Free Documentation License  huffingtonpost.com The Huffington Post News Editors Mon, 22 Jun 2009 22:23:59 GM Washington a Federal regulators filed . securities fraud. charges Monday against a prominent California investment adviser and a New York brokerage firm said to be secretly controlled by Bernard Madoff, accusing them of funneling ...  dhs-daily-report.blogspot.com BobJ Wed, 24 Jun 2009 20:52:00 GM The guilty party admitted on June 22 to four counts of . securities fraud. and one charge of wire . fraud. . He was initially accused March 31 of cheating a client out of $6.5 million. He faces as much as 19 years and seven months in prison, ...  stockbrokerfraudblog.com Shepherd Smith & Edwards ue, 26 May 2009 04:38:56 GM Although a number of . securities fraud. lawsuits have been filed against Schuster, Engle, and VSR, most of the investment . fraud. victims opted to pursue their cases through arbitration because the terms of their investment agreements ... From Google Blog Search: "securities fraud"  news.google.com eNews Park Forest ... theft of over $1000, a Class 1 felony, three counts of theft of over $1000, a Class 2 felony, and nine counts of securities fraud , a Class 2 felony. ... Webio co-founder David Hernandez indicted for Ponzi scheme Chicago Sun-Times all 26 news articles » news.google.com Boston Globe ... bringing civil fraud charges against State Street Corp. over investments in risky mortgage-related securities by some of its conservative bond funds. ... Reed Smith Investment Adviser News - First Quarter 2009 Linex Legal (subscription) all 428 news articles » news.google.com New York Times ... and were bailed out from the financial scheme based on mortgage backed securities and derivatives different from Madoff? Their fraud was just as real. ... Meltdown 101: Risks of another Madoff-style scam The Associated Press Bernie Madoff Had Aiders And Abettors Black Star News Joe Nocera Would Appreciate It If Madoff Victims Quit Their Bitching DealBreaker.Com all 90 news articles » From Google News Search: "securities fraud" |
