by Jeff Pederson | May 5, 2026 | Alt investment, Private Credit, SEC Allegations
Fraud in private credit could cost many large portions of their savings. On May 4, 2026, SEC Chairman Paul Atkins said the Commission is investigating allegations of fraud in private credit firms. The firms under investigation are not currently disclosed. Atkins...
by Jeff Pederson | Feb 10, 2026 | Fraud, SEC Allegations
Equitable Advisors rep Ode Okuma settles charges with SEC concerning $13 million securities fraud. On February 6, 2026, the SEC settled charges against Ode Okuma for $13 million in alleged theft and securities fraud. He is alleged to have victimized his Equitable...
by Jeff Pederson | Feb 4, 2026 | FINRA Allegations
Text messaging can perpetuate fraud. Benjamin F. Edwards fined for not supervising advisor texts. Benjamin F. Edwards Fined for texting violations. When advisors use private forms of communications it can be a way to commit fraud. The Financial Industry Regulatory...
by Jeff Pederson | Dec 30, 2025 | Crypto, SEC Allegations
SEC alleges Morocoin, Berge Blockchain and Cirkor of a $14 million crypto fraud. On December 22, 2025, the Securities and Exchange Commission today filed suit against purported crypto asset trading platforms Morocoin, Berge Blockchain and Cirkor. The SEC filed the...
by Jeff Pederson | Oct 31, 2025 | Alt investment, Colorado Securities Act, Energy Investment
The Yield Wealth Ponzi scheme succeeded because many agents violated securities laws in the sale of the investments. On September 9, 2025, the FBI charged Yield Wealth (“Yield”) founder Paul Regan with securities fraud and wire fraud. Yield misrepresented...
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