Danny Pang

Danny Pang of The Private Equity Management Group is being charged with defrauding investors out of hundreds of millions of dollars since 2003. In addition to his fraud the SEC complaint says that he lied about his education and prior career saying he was a former...

Donald Anthony Walker Young

An investment adviser from the Philadelphia area is accused of misappropriating more than $23M of client funds. The proceeds were allegedly used to pay personal expenses related to horse ownership and racing, construction, boats, limousines, chartered aircraft and...

Allen Stanford

Stanford is denying any crime or Ponzi scheme as alleged by the SEC. “The SEC has cremated the Stanford companies and Stanford, partly to get over the embarrassment at their lack of oversight in the Madoff case,’’ DeGuerin [Stanford's Lawyer] said. “But this isn’t...

Marvin R. Cooper

Marvin R. Cooper allegedly targeted members of the deaf community in a Ponzi scheme that raised $4.4M dollars. The SEC said that Cooper's company, Billions Coupons, held seminars at Community Centers where deaf people were targeted. The SEC claims that Cooper took...

Joseph Nacchio

The ex-CEO of Qwest Communications International Inc., Joseph Nacchio was fired from his post after the discovery of $2.5B in improperly booked revenue. After his court of appeals hearing, Nacchio's 19 counts of insider trading were confirmed. This means that he...