Tag: Securities fraud
Taj Tarsha, Securities and Wire Fraud, New York 2026
⏱ 2 min read Taj Tarsha, the founder of Few and Far Limited, a New York-based NFT startup, has been indicted for securities and wire fraud. Tarsha allegedly defrauded investors by making false statements about the use of their funds and then misappropriating the money for personal gain. The scheme began in February 2022, with…
Zhi Ge, Insider Trading, Massachusetts 2026
⏱ 2 min read Zhi Ge, a Singapore resident, is accused of running an insider trading scheme that raked in millions. From 2016 to 2024, Ge allegedly conspired with others to obtain confidential information about publicly traded companies, using it to trade securities and reap massive profits. The scheme, which played out in Boston, has…
Matthew Melton, Securities Fraud, New York 2026
⏱ 2 min read Matthew Melton, a convicted fraudster, ran a Ponzi scheme in New York, promising investors guaranteed returns of up to 12% per month through his ‘Price Physics’ investment vehicle. However, instead of investing the funds as promised, Melton used the money to pay his personal expenses, including mortgage payments and sailing excursions,…
Jay Lucas, Securities Fraud, New York 2017
⏱ 2 min read Jay Lucas, the founder of Manhattan-based private equity firm Lucas Brand Equity, has pleaded guilty to running a massive Ponzi scheme that defrauded investors of over $50 million. The scheme, which began in 2017, involved Lucas convincing investors to put their money into his firm, promising to invest it in emerging…
Parmjit Parmar, Securities Fraud, New Jersey 2025
⏱ 2 min read Parmjit Parmar, the former CEO of a publicly traded healthcare services company, orchestrated a massive $212 million investment fraud scheme in New Jersey from May 2015 to September 2017. Along with his conspirators, Parmar tricked investors into believing the company was worth substantially more than its actual value. The scheme involved…
Harish Chidambaran, Wire Fraud, New York 2026
⏱ 2 min read Two high-flying tech execs ran a multi-year scheme to rip off investors and lenders in Brooklyn, federal prosecutors allege. Harish Chidambaran, ex-CEO of Nasdaq-listed iLearningEngines, Inc., and Farhan Naqvi, the company’s ex-CFO, allegedly operated a continuing financial crimes enterprise, defrauding retail and institutional investors in the tech firm. iLearning claimed to…
Christopher Ferguson, Scheme to Inflate Order Numbers, New York 2023
⏱ 2 min read RELATED: Ohio Dealer Charged in Overdose Death SEE ALSO: Medicare Scam: Art Classes Billed as Therapy NEW YORK, NY – The top dog at Edison Nation, Christopher Ferguson, and a consultant, Brian McFadden, just admitted to a scheme to juice the company’s numbers, according to federal prosecutors in Manhattan. Both men…
United States Attorney Martin Estrada, Corporate Malfeasance, Washi…
United States Attorney Martin Estrada launches Corporate and Securities Fraud Strike Force to uncover and punish corporate malfeasance, prioritizing investigations on accounting fraud, insider trading, and criminal violations of the Bank Secrecy Act. Led by AUSA Brett Sagel, the Strike Force aims to restore public trust in the financial system.
Crystal A. Huang, Securities Fraud, Utah, 2023
Utah Businesswoman Sentenced to 18 Months Imprisonment for Securities Fraud – Crystal A. Huang defrauded investors of $5 million through false promises and information. Court documents reveal the extent of her scheme and the importance of reporting suspicious activity.
Carl R. Ruderman, Securities Fraud, New York 2018
Former Chairman Indicted for Running $250 Million Securities Fraud Scheme. Read about the massive fraud scheme and its devastating consequences.
