Instead of helping dead service members’ relatives collect life insurance and other benefits, Caz Craffy duped them while enriching himself, prosecutors said. Source: New York Times
Posts published in “Securities and Commodities Violations”
Damian Williams, Prosecutor in the FTX Case, Tackles Major Financial Crimes
By Gotham Rex on December 13, 2022
“I think it’s fair to say,” the federal prosecutor, Damian Williams, said of the Samuel Bankman-Fried case, “that by anyone’s lights, this is one of the biggest financial frauds in American history.” Source: New York Times
E. Gerald Corrigan, Who Helped Ease ’87 Stock Crash, Dies at 80
By Gotham Rex on May 25, 2022
As president of the Federal Reserve Bank of New York, he favored flooding the financial system with cash to restore confidence among investors. Source: New York Times
N.J. attorney general is appointed director of enforcement at the S.E.C.
By Gotham Rex on June 29, 2021
The new director, Gurbir Grewal, has overseen a number of high-profile securities fraud cases, including a 2015 case involving the hacking of thousands of company news releases so a gang of criminals could engage in insider trading. Source: New York…
Lev Parnas, Giuliani Associate, Faces New Fraud Accusations
By Gotham Rex on February 4, 2021
The Securities and Exchange Commission claimed in a lawsuit that Mr. Parnas and a business partner duped investors in a start-up called Fraud Guarantee. Source: New York Times