Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

September 7, 2019

Man who Robbed West Mifflin PNC Bank Wearing a Pirates Hat and McDonald's Uniform Shirt Will Spend 4+ Years in Prison (DOJ Release)

Accountant Who Cheated Her Friends and Clients via a $27.5 Million Ponzi Scheme Sentenced to More than 8 Years in Federal Prison (DOJ Release)

Two Women Sentenced To Federal Prison For Credit Card Fraud Scheme Targeting Elderly Victims (DOJ Release)

SEC Charges Investment Adviser with Fraud (SEC Release)

FINRA Bars NYLIFE Rep Over Debit Card Expenses ( Blog)

In the Matter of the Application of J.W. Korth & Company For Review of Disciplinary Action Taken by FINRA (Order Denying Stay As Moot)

Marketing Executive for Two Global Companies Pleads Guilty to Federal Charge for Defrauding Her Employers / Participated in a Scheme with More Than $855,000 in Losses (DOJ Release)

SEC Charges Two Chicago Residents with Insider Trading (SEC Release)

FINRA Arbitrator Orders Expungement of Customer Complaint Arising From Disputed Life Insurance Proceeds Amid Divorce Followed by Ex-Husband's Death. In the Matter of the Arbitration Between Wesley J. Cumbie, Claimant, v. MML Investor Services, LLC, Respondent (FINRA Arbitration Decision)

FBI Launches Sextortion Awareness Campaign in Schools / Youth Should Be On Guard Online (FBI Release)

Extortion Scheme Mastermind Sentenced For Conspiracy To Commit Wire Fraud (DOJ Release) 

FINRA AWC Cites Prospective Customer, Possible Investor, and Proposal
( Blog)

NOTICE: Aegis Frumento Esq will be returning as a Guest Blogger to the Blog on Thursdays, starting with September 5, 2019. Catch his new [IN]security column.

SEC Charges Attorney with Role in Investment Schemes (SEC Release)

Mint Hill, N.C. Man Is Charged With Wire Fraud And Aggravated Identity Theft For Stealing More Than $800,000 From An Elderly Victim (DOJ Release)