Posts in tag
securities fraud
Russian oligarch Viktor Vekselberg accused of bank fraud, money laundering as yacht is seized
The yacht called “Tango” owned by Russian billionaire Viktor Vekselberg, who was sanctioned by the U.S. on March 11, is seen at Palma de Mallorca Yacht Club in the Spanish island of Mallorca, Spain March 15, 2022. Juan Medina | Reuters U.S. authorities accused Russian oligarch Viktor Vekselberg of conspiring to commit bank fraud and …
GE Is New Target of Madoff Whistleblower
An accounting expert who raised red flags about Bernie Madoff ’s Ponzi scheme has a new target: General Electric Co. GE -7.64% In a research report posted online Thursday, Harry Markopolos alleges the struggling conglomerate has masked the depths of its problems, resulting in inaccurate and fraudulent financial filings with regulators. The report, which numbers …
