Army Vet Posed as Broker to Bilk Soldiers, SEC Says
Leroy Brown Jr., an Army veteran, is accused of luring service members and other investors with false guarantees to double or triple their money.
SEC Charges Energy Firm Whose Fracking Replacement Was Just a Chimera
Chimera Energy built a pump-and-dump scheme on the premise that it was developing cleaner oil-and-gas technology, the SEC said.
New Hire Roundup: PIMCO Welcomes Johnson; Cepek Rises at Allianz
This week in new hires, Geoffrey Johnson joined PIMCO; Gretchen Cepek was promoted at Allianz Life; and Kimball Brooker was named portfolio manager at First Eagle.
SEC Charges Texas Firm With Life Settlements Fraud
The SEC on Tuesday charged Texas-based financial services firm Life Partners Holdings Inc. and three of its senior executives for their involvement in a fraudulent disclosure and accounting scheme involving life settlements.