Fraud Archives - FortuneZ

US SEC Charges Florida Dentist for Three Separate Securities Frauds

June 12, 2021

The US Securities and Exchange Commission (SEC) announced on Friday that it had charged Edgar M. Radjabli of Boca Raton, Florida, and two entities he controlled for engaging in three separate securities fraud...

CFTC Orders Binary Options Fraud to Pay $1 Million

April 7, 2021

The US Commodity Futures Trading Commission (CFTC) has settled charges with Glenn Olson for his role in binary options fraud and ordered him to pay over a million dollars, combining the disgorgement of the ill-...

Korean Police Summon Bithumb Chairman for Fraud Investigation

September 18, 2020

The Seoul Metropolitan Police Agency is closely investigating South Korea’s largest crypto exchange, Bithumb, and has recently summoned its chairman, Lee Jung Hoon, who is alleged of fraud. Reported by local...

Korean Police Seize Coinbit for Massive Crypto Wash Trading

August 26, 0202

The Seoul Metropolitan Police Agency has reportedly raided and seized the operations of Coinbit, the country’s third-largest cryptocurrency exchange, over the allegations of inflating trading volumes. As...