Jewish husbands who refuse to finalize a Jewish divorce by not signing divorce papers known as a “get” are finding themselves subject to unwanted public attention. Social media updates, email, Facebook posts, tweets and website comments all are being used to bring pressure on divorce hold-outs, according to a recent Sun-Sentinel article titled “Social media […]
George Levin and Frank Preve, who live in the Fort Lauderdale area, allegedly raised more than $157 million from 173 investors in less than two years by issuing promissory notes from Levin’s company and interests in a private investment fund they operated, according to SEC charges. They used investor funds to purchase discounted legal settlements […]
A $500,000 grand theft put condo manager Lourdes Rodriguez behind bars for 21 months. The former Pembroke Pines resident, age 49, served as property manager for the Atlantic II at the Point Condominium Association in Aventura, FL. The South Florida condo development features 168 units on 2.5 acres, with panoramic views of the Atlantic Ocean […]
Nasdaq OMX Group Inc. (NDAQ) is under fire from brokers and traders who lost money on Friday’s initial public offering of Facebook Inc. Technical issues at the exchange caused orders placed between 11:11 a.m. and 11:30 a.m. on May 18th to go into a “black hole,” according to the Wall Street Journal. Other investors experienced […]
The Making Home Affordable® Program (MHA), a federal government initiative, may help South Florida homeowners get mortgage relief and avoid foreclosure. Watch this video to learn more: Homeowners who are behind on their mortgage payments may be able to qualify for the following MHA programs: Lower your monthly mortgage payment. If homeownership is no longer […]
Nutraceutical Stock Scams—Don’t Supplement Your Portfolio With These Companies is the title of a new alert issued by the Financial Industry Regulatory Authority (FINRA) to warn investors about stock scams related to companies selling everything from fortified foods and energy drinks to “natural” medicines. Like many investment scams, pitches for nutraceutical stocks may arrive in a variety […]
Hijacking by securities fraudsters who scam investors through reverse mergers or pump-and-dump schemes was the reason given by the Securities and Exchange Commission (SEC) in an unusual one-day move to suspend tradingin the securities of 379 dormant companies. The trading suspension marks the most companies ever suspended in a single day by the agency as […]
SEC officials are looking at accounting and disclosure issues related to the trading loss, according to The Wall Street Journal. Early Wall Street Journal reports in early April noted that a trader at J.P. Morgan known in the market as the “London Whale” made large bets on credit derivatives, supposedly to “hedge structural risks.” Formal […]
In Miami, a total of 59 defendants, including three nurses and two therapists, were charged recently by the U.S. Department of Justice for their participation in various fraud schemes involving a total of $137 million in false billings for home health care, mental health services, occupational and physical therapy, DME and HIV infusion. Two of […]
The SEC alleges that Kevin Sepe of Miami masterminded two separate schemes to illegally sell stock, including one that sought to capitalize on circumstances in Haiti following the earthquake that destroyed much of the country’s infrastructure in January 2010. Ten others were also charged. Three licensed attorneys and several others who collectively reaped illegal profits […]
