Tag: fraudulent options scheme

May 02, 2024 BY Elizabeth Anderson

ASIC Issues Warning About New Scam Targeting Bonds And Term Deposits

These fraudsters reportedly zoom in on providers with no digital footprint. According to ASIC, they clone the disclosures, addresses, International Securities Identification Numbers (ISINs) and other official registration information of a targeted financial company. ASIC further indicated that the scams involve mirrored investment maturity dates, coupons and credit ratings. Apart from lesser-known organisations, these confidence…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
October 12, 2018 BY Valentina Kirilova

Court enters $14 million judgment against options trader for fraudulent options scheme

The U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge John Robert Blakey of the U.S. District Court for the Northern District of Illinois entered a Consent Order for Permanent Injunction (Consent Order), which resolves charges against Defendant Thomas C. Lindstrom, of Winnetka, Illinois, for engaging in fraud in connection with his trading of…

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