by Justin Knapp | Jul 16, 2008 | People
bbc.co.uk reports that the three former heads of RBG Resources will face a combined 25.5 years in jail for stealing $700M from creditors. By creating 300 false clients, they were able to convince banks to give them cash advances. The full larticle can be read...
by Justin Knapp | Jul 14, 2008 | People
The Spillans and One Equity Companies, are being charged with operating an ongoing fraudulent stock loan program. The Litigation Release can be seen at the S.E.C. website.
by Justin Knapp | Jul 11, 2008 | People
Du Jun: Ex-Morgan Stanley banker charged with insider trading. While advising Morgan Stanley on the purchase of Citic Resources Holding Ltd. earlier this year, Jun bought 26.7M shares of Citic between Feb. and April, 2007. Aries Poon’s Wall Street Journal...
by Justin Knapp | Jul 11, 2008 | People
In the Crain’s Detroit Business article on June 30, 2008, Ryan Beene reports that CEO Julie Brown of Plastech Engineered Products Inc. was paying huge bonus packages to family members with in the now bankrupt company. For details of the pay packages click...
by Justin Knapp | Jul 10, 2008 | People
Noel Forgeard is one of four EADS executives being investigated for insider trading around the delayed launch of the A380 plane. BBC.com reports on the story.
by Justin Knapp | Jul 10, 2008 | People
Jean-Paul Gut is being investigated for insider trading surrounding the EADS A380 plane delays. See BBC.com for more details.
