Skip to content

Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: September 20, 2022

Written by FinCrimeSeptember 20, 2022September 24, 2022

New ETF funds to mimic stock trades by U.S. Congress

Reported by: TikTok – unusual_whales Two new exchange-traded funds named after House Majority Leader Nancy Pelosi (D-Calif.) and Sen. Ted Cruz (R-Texas) are aiming to let everyday investors copy their trades. The Pelosi-themed ETF would trade under the ticker NANC in honor of the congresswoman whose husband frequently buys and sells stocks of the companies […]

Written by FinCrimeSeptember 20, 2022September 24, 2022

Oppenheimer & Co. ordered to pay fraud victims $37 million

Reported by: InsuranceNewsNet Oppenheimer & Co., a New York-based brokerage and investment bank, was ordered to pay nearly $37 million in damages to 11 investors who lost money in a $110 million Ponzi scheme, allegedly conducted by two firms under the control of John Woods, a Marietta, Georgia resident. Woods, a long-time broker with Oppenheimer, […]

Blog at WordPress.com.
  • Subscribe Subscribed
    • Financial Crime News Briefs
    • Join 43 other subscribers
    • Already have a WordPress.com account? Log in now.
    • Financial Crime News Briefs
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
Design a site like this with WordPress.com
Get started