Tag Archives: scheme

[unable to retrieve full-text content]‘He didn’t stop’: Google extortion scheme targets local businesses  WPLG Local 10 Source link

[unable to retrieve full-text content]Big Ten suspends Jim Harbaugh 3 games for Michigan’s alleged sign-stealing scheme  Yahoo Sports Source link

[unable to retrieve full-text content]Yandex Travel expands scheme to reward bloggers for referrals  AIM Group Source link

The U.S. Department of Justice and the Securities and Exchange Commission filed parallel lawsuits against eight social media influencers, alleging they engaged in a pump-and-dump stock manipulation scheme that fleeced their followers out of $100 million. The SEC announced fraud charges on Wednesday against seven self-proclaimed “FinTwit” financial gurus on Twitter: Perry Matlock a/k/a “PJ Matlock;” Edward Constantin a/k/a “Edward Constantinescu” and “MrZackMorris;” Thomas… Source link

Early Tuesday morning, the Securities and Exchange Commission filed charges against Sam Bankman-Fried, alleging the 30-year-old disgraced founder of FTX orchestrated a scheme to defraud the company’s equity investors. “We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto,” SEC Chair Gary Gensler said in a release. “The alleged fraud committed by Mr. Bankman-Fried is a clarion call to… Source link

The data is in, and it says stock buybacks are back in a big way as companies seek out ways to keep their stock prices at elevated levels.  First quarter stock repurchases clocked in at $178.1 billion among S&P 500 companies, up 36.5% from the fourth quarter of 2020, according to new data out Tuesday from S&P Global. Buybacks were up 100.9% from the second quarter 2020 pandemic low of $88.7 billion.  Stock buybacks have the effect of lowering the number of shares outstanding for companies…. Source link