Securities fraud

In a September 2016 photo, Yale's women's Head Soccer Coach Rudy Meredith gives a high five to a player after making a great play in a scrimmage, in Frankfort, Ky. According to the federal indictments unsealed Tuesday, March 12, 2019, Meredith put a prospective student who didn’t play soccer on a school list of recruits, doctored her supporting portfolio to indicate she was a player, and later accepted $400,000 from the head of a college placement company. (Doug Engle/Star-Banner via AP)
March 14, 2019 - 12:44 pm
BOSTON (AP) — The biggest school admissions scandal ever prosecuted began with a tip from an executive investigators were targeting in a securities fraud probe, a law enforcement official said Thursday. The executive told Boston authorities chasing down the market manipulation scheme that the women...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Attorneys tell a federal judge that Tesla CEO Elon Musk shouldn't be found in contempt because he didn't violate a securities fraud settlement. The attorneys wrote in documents filed Monday night, March 11, 2019, that a Feb. 19 tweet by Musk merely restated prior disclosures on electric car production volumes. (AP Photo/Kiichiro Sato, File)
March 11, 2019 - 10:26 pm
DETROIT (AP) — Tesla CEO Elon Musk should not be found in contempt of court because he has complied with the terms of a securities fraud settlement, his attorneys wrote in documents filed Monday night with the U.S. District Court in Manhattan. Musk's lawyers wrote that a Feb. 19 tweet merely...
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February 23, 2019 - 10:45 am
TIRANA, Albania (AP) — Albania's Defense Ministry says it has found scores of hand grenades in a northern city that are believed to have been looted from army depots in 1997 during civil unrest sparked by a failed Ponzi scheme. A statement Saturday said a town hall cleaning staff in Puke, 140...
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December 27, 2018 - 10:39 am
GREENBELT, Md. (AP) — A federal investigation of a multimillion-dollar investment fraud scheme has led to criminal charges in Maryland against four women who worked for an Israel-based company. A trial for one of the women, Lee Elbaz, was set to start Jan. 8 but was postponed indefinitely because...
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December 13, 2018 - 6:39 am
NEWARK, N.J. (AP) — A former northern New Jersey resident has been arrested in Kansas and charged with running a Ponzi scheme. Thomas Lanzana is charged with wire fraud and commodities fraud. The former Midland Park resident was arrested in Park City, Kansas on Wednesday. Authorities say Lanzana's...
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November 29, 2018 - 7:41 pm
LAS VEGAS (AP) — A 79-year-old former head of a Las Vegas and Tokyo investment firm is facing the rest of his life in a U.S. prison after a jury in Nevada found him guilty of bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme. Edwin Fujinaga...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Tesla has announced that Robyn Denholm of Australia's Telstra will become its new board chair. Musk agreed to vacate his post as board chairman as part of a settlement with U.S. regulators of a lawsuit alleging he duped investors with misleading statements about a proposed buyout of the company. (AP Photo/Kiichiro Sato, File)
November 08, 2018 - 5:17 pm
DETROIT (AP) — Australian telecommunications executive Robyn Denholm brings much-needed financial and auto industry expertise to her new role as Tesla's board chairwoman, but her biggest challenge is whether she can rein in a CEO with a proclivity for misbehavior. Denholm, who has been a Tesla...
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FILE - In this May 7, 2018, file photo, Elon Musk attends The Metropolitan Museum of Art's Costume Institute benefit gala celebrating the opening of the Heavenly Bodies: Fashion and the Catholic Imagination exhibition in New York. Tesla CEO Musk is apparently taunting the government agency that accused him of duping investors just days after negotiating a settlement to keep his job. (Photo by Charles Sykes/Invision/AP, File)
October 04, 2018 - 7:06 pm
SAN FRANCISCO (AP) — Elon Musk is taunting the government regulators who threatened to oust him as CEO of electric carmaker Tesla just days after he settled a case alleging he duped investors. Musk used his Twitter account to jab the Securities and Exchange Commission, the same agency that went...
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FILE - This Aug. 8, 2018 file photo shows the Tesla emblem on the back end of a Model S in the Tesla showroom in Santa Monica, Calif. Tesla investors have taken a wild ride as Wall Street values the promise of one of the world’s leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. (AP Photo/Richard Vogel, File)
September 28, 2018 - 12:42 pm
NEW YORK (AP) — Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. Tesla...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 27, 2018 - 7:23 pm
DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the...
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