Category: Ponzi Scheme

The board of directors at FinTech OppFi Inc. on Monday (Feb. 28) named founder Todd Schwartz as chief executive officer, replacing Neville Crawley in that…

View More OppFi Names Founder, Chair Todd Schwartz as CEO

A former MSD Capital employee convicted of securities fraud doesn’t have to reimburse the company for the time its law firm, Sullivan & Cromwell, spent…

View More Sullivan & Cromwell’s Fees for Work on SEC Investigation Pruned

BECKLEY, W.Va. (WVVA) – A bond hearing was held on Monday for a woman accused of poisoning her husband. Natalie Cochran was indicted for murder…

View More Bond hearing held for Natalie Cochran

JPMorgan Chase & Co. and Danske Bank A/S were among asset managers to freeze funds with exposure to Russian equities amid a plunge in markets.…

View More JPMorgan, Danske Bank Freeze Funds Exposed to Russian Assets (2)

Good morning, and welcome to Protocol Fintech. This Monday: the SEC makes a move on DeFi, SWIFT action, and Hester Peirce on regulating code. Off…

View More SEC’s ‘communication protocol systems’ rule could hit DeFi

A small questionnaire sent out to a handful of Apple investors suggests that there isn’t a consensus on whether the Cupertino tech giant can maintain…

View More Investors split about whether Apple can maintain growth, survey suggests

The U.S. Supreme Court declined to review whether Citibank has the burden to prove that it acted in good faith in accepting $343 million from…

View More Madoff Trustee’s Win Over Citibank Stands as Justices Deny Review

Introduction In the case of Stanford International Bank Ltd (in liquidation) v HSBC Bank PLC [2021] EWCA Civ 535, which concerns a negligence claim for…

View More Scope of a bank’s Quincecare duty: Does it extend to protect the customer’s creditors?

Alphabet’s Google on Saturday (Feb. 26) banned Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, Reuters reported.…

View More Google Blocks Several Russian Channels’ Ad Revenue