Bocafx agreed to remove misleading statement for ASIC authorisation
November 18th, 2015
Following ASIC concerns, Boca Global Financial Group Pty Ltd ACN 602 109 035 (Boca) has agreed to remove statements on its website suggesting Boca is ASIC regulated or authorised to provide financial services in Australia. ASIC became aware of ...
SFC on Investors fraud: Maxim Trader site suspended and $23.5 million assets of Maxim Capital Limited freezed
November 12th, 2015
The Court of First Instance has granted various interim orders against Maxim Capital Limited (Maxim Capital), an unlicensed investment firm, including freezing all its monies in Hong Kong totalling approximately $23.5 million following legal proceedings brought by the Securities ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
SFC Hong Kong warns for Binary Options provider Tooptions
October 29th, 2015
The Securities and Futures Commission (SFC) Hong Kong, has issued today a warning to inform investors and public for an unlicensed entity with the name HongKong Tooptions Limited. SFC noted that the address of the enity is Unit 17, ...
China probing brokers, regulators for possible stock crimes
August 26th, 2015
Employees of one of China‘s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price ...
FBI Arrests Coin.MX Founders For Money Laundering Violations
July 24th, 2015
Anthony R. Murgio and Yuri Lebedev of West Palm Beach Florida were arrested today for running an unlicensed bitcoin exchange with the goal of helping individuals launder money. The press release the FBI put out charges the men of ...
7 bitcoin-related court cases
July 24th, 2015
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...
Two arrested in illegal bitcoin scheme
July 23rd, 2015
A West Palm Beach man is one of two individuals arrested by federal authorities Tuesday for operating an unlicensed money-transfer business that allegedly used bitcoins to launder cash for on-line criminals. Authorities arrested Anthony R. Murgio, 31, of West ...
China accuses brokers of manipulating share prices during stock market crisis
July 14th, 2015
Beijing has accused brokers of manipulating share prices during China’s recent stock market plunge and launched a crackdown against unlicensed companies that financed speculative trading. The police ministry said investigators had found “evidence to suspect that individual trading companies ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
