Arthur Nadel Surrenders in Florida
Nadel Was Found and Arrested in Florida. Arthur Nadel, the Florida money manager who has been missing since January 14, has been found and arrested in Florida. Nadel, who has been charged with securities fraud, apparently surrendered to the FBI in Tampa yesterday. Nadel was president of Scoop Management Inc., a firm that managed … [Read more...] about Arthur Nadel Surrenders in Florida
FINRA Overwhelmed by Securities Fraud Claims
To Settle Their Claims Against Brokers. Thanks to the likes of Bernard Madoff, Arthur Nadel and other financial scammers, a record number of people have been victims of securities fraud in the past year. Many of these wronged investors have looked to the Financial Industry Regulatory Authority (FINRA) to settle their claims against … [Read more...] about FINRA Overwhelmed by Securities Fraud Claims
Apple REIT 10s Securities Investment Fraud Lawsuit | Finra Lawsuit Against David Lerner Associates
Apple REIT Securities Investment Fraud Lawsuit. If you purchased non-traded Apple REITs (real-estate investment trusts) from David Lerner Associates Inc., you may be the victim of securities fraud. In May 2011, the Financial Industry Regulatory Authority (FINRA) filed a lawsuit against David Lerner Associates, accusing the … [Read more...] about Apple REIT 10s Securities Investment Fraud Lawsuit | Finra Lawsuit Against David Lerner Associates
SEC Sues KPMG, Alleging Securities Fraud
KPMG Accounting Practices. The Securities and Exchange Commission sued KPMG LLP Wednesday, saying the accounting company fraudulently let Xerox Corp. manipulate its accounting practices to fill a $3 billion gap and make it appear to be meeting expectations. The SEC accused ‘KPMG’, three current partners and one former partner of … [Read more...] about SEC Sues KPMG, Alleging Securities Fraud
Ex-Tyco Exec Pleads Guilty to Securities Fraud
Ex-Tyco Exec Pleaded Guilty To Fraud. The former lead director at Tyco International Ltd. pleaded guilty to securities fraud Tuesday, and agreed to pay $22.5 million to settle the charges. Frank E. Walsh, 61, admitted that he did not disclose to his own board that he would receive a $20 million finder's fee for helping to broker … [Read more...] about Ex-Tyco Exec Pleads Guilty to Securities Fraud
