Search Results for: ACRA
Charges announced for a nearly billion dollar Ponzi scheme
January 30th, 2020
The Securities and Exchange Commission (SEC) has issued an announcement to inform that has charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits. According to the SEC’s complaint, Jeffrey and Paulette Carpoff raised approximately $910 million ...
Legal recruitment firm looks to expand globally
May 25th, 2017
Mlegal, a legal recruitment firm, has issued an announcement to inform that the firm adds top recruiting talent to support global expansion plans. According the announcement: Mlegal, a premier national legal search firm, announced today that four highly regarded ...
Riskalyze Raises $20 Million in capital to accelerate Risk Number and Robo Platforms
November 1st, 2016
Riskalyze, the company that empowers thousands of advisors to align each client’s investments with their Risk Number®, today announced a $20 million minority growth equity investment led by FTV Capital. This is the first outside institutional round for the ...
Vladimir Putin Starts His Own Ratings Firm
March 18th, 2016
Moody’s, Fitch forced to stop national ratings under new rules Kremlin had condemned barrage of downgrades as political Vladimir Putin’s homegrown credit-ratings firm is up and running and foreign competitors are already feeling the heat. In the past three ...
A Dysfunctional EU: What Future?
February 12th, 2016
Many believe that the European Union is, and can only ever be, a force for good and that the 500-plus million citizens of its 28 Member States should be eternally grateful for all the myriad of benefits that they ...
Can Bitcoin Change Wi-Fi For the Better?
July 29th, 2015
It’s certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
Billionaire Kwok Gets 5 Years Jail in Hong Kong Corruption Trial
December 23rd, 2014
Thomas Kwok, the billionaire former Sun Hung Kai Properties Ltd. co-chairman, was sentenced to five years in jail and fined HK$500,000 ($64,460) for conspiring to corrupt Hong Kong’s No. 2 official. Rafael Hui, 66, the city’s chief secretary from 2005 ...
Amazon posts big loss for Q3, shares tumble
October 24th, 2014
As quarterly losses mount, uneasy investors are selling shares. Amazon stock is down 23% this year. Amazon had warned that it would lose bundles of cash in the third quarter, and it didn’t disappoint. The Seattle-based online retailer (TICKER: ...
Silicon Valley venture capitalist Tim Draper wins bitcoin auction
July 3rd, 2014
Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — from a trove that the government seized in a raid ...
