Posts Tagged ‘Fraud’
Proof: Israeli Effort to Destabilize Iran Via Twitter #IranElection
Monday, June 15, 2009 19:52 343 CommentsRight-wing Israeli interests are engaged in an all out Twitter attack with hopes of delegitimizing the Iranian election and causing political instability within Iran.
Anyone using Twitter over the past few days knows that the topic of the Iranian election has been the most popular. Thousands of tweets and retweets alleging that the election was a [...]
Mozilo Charged; Ex-Countrywide CEO Committed Fraud Says SEC
Friday, June 5, 2009 15:19 1 CommentFederal regulators charged fmr. Countrywide CEO Angelo Mozilo with fraud on Thursday. Mr. Mozilo, along with the company’s former COO David Sambol and CFO Eric Sieracki.
Robert Khuzami, an enforcement officer with the SEC, alleges that the men “deliberately misled” Countrywide shareholders.
As the mortgage industry began to decline in late 2006 and 2007, Mr. Mozilo cashed [...]
Hedge Fund Manager Sued by SEC For $16 Million Fraud
Friday, February 20, 2009 12:07 5 CommentsThe SEC is suing a former Minnesota hedge fund manager, alleging that he defrauded investors of almost $16 million.
The lawsuit, which was filed yesterday in Minneapolis federal court, accuses John Lawton of lying to investors about the performance of his Paramount Partners hedge fund, overstating its balance sheet to hide losses. Lawton, who moved his [...]
