An Idaho man has agreed to pay back several million dollars he siphoned away for personal use rather than investing it as promised to create U.S. jobs through the EB-5 Immigrant Investor Program.
Executives Charged in Connection With Accounting Failures at Government Contractor
The SEC has charged two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures.
Broker Charged With Defrauding Customers
A former broker has been charged with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers.
SEC Awards Nearly $4 Million to Whistleblower
Nearly $4 million is being awarded to a whistleblower who tipped the agency with detailed and specific information about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge and expertise.
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