Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
Russian Gang Netted $3M Daily via Video Ad Fraud
Jeremy Kirk, 22 December 2016
An expansive botnet run by a Russian cybercriminal gang netted more than $3 million a day by generating fake views of online video advertisements. The finding is already reinforcing concerns over the prevalence of fraud in online marketing. Continue reading “Article: Russian Gang Netted $3M Daily via Video Ad Fraud”
Overstock CEO Patrick Byrne Talks Blockchain and Making History With t0
Rob Marvin, 22 December 2016
Blockchain is racking up all kinds of firsts. The distributed immutable ledger now has its own blockchain-as-a-service market, a host of new blockchain startups, coalitions, and open-source projects, and is seeing adoption in countless industries from global banking and finance to the legal cannabis space. The latest first for the buzzy emerging technology comes in digital stock trading. Continue reading “Article: Overstock CEO Patrick Byrne Talks Blockchain and Making History With t0”
VirnetX Class Accuses Big Brokers of Naked Short Sales
Chris Fry
Courthouse News Service, 19 December 2016
Investors claim in a federal class action that Goldman Sachs and other banking giants suppressed the share price of VirnetX, “a leader in mobile security technology.”
In addition to Goldman Sachs, the Dec. 14 complaint in Bergen County Superior Court takes aim at Merrill Lynch, Credit Suisse, TD Ameritrade, Charles Schwab and the Bank of New York Mellon. The case is the Top Download for Courthouse News on Monday.
Canadian Court Wallops Overstock.com CEO Patrick Byrne
Gary Weiss
gary-weiss.com, 19 December 2016
A Canadian appellate court has a lump of coal for the Christmas stocking of Overstock.com CEO Patrick Byrne: pay a libel judgment for lying on a fake news website, or your appeal will be kicked out of court.
Last May, Byrne was hit with a C$1.2 million judgment for outlandish lies about a Canadian stock promoter, Aly Nazerali, on “Deep Capture,” a website that retails fake news, conspiracy theories and personal attacks on journalists and whistleblowers. The court’s scathing decision found that Byrne and right-wing conspiracy theorist Mark Mitchell maliciously fabricated wild accusations against Nazerali.
Two traders arrested over alleged manipulation of more than 2,000 stocks
Francine McKenna, MarketWatch, 13 December 2016
Joseph Taub and Elazar Shmalo allegedly used dozens of accounts at several brokerage firms in bouts of manipulative trading activity
Comment: We are shocked, shocked. But this is just a cover-up. Martha Stewart Plus One. SEC and DOJ are RICO organizations overseen by the Senate Banking Committee, the Deep State’s enabler of white collar treason and crime.
Japanese regulator looks to fine Morgan Stanley for market manipulation
Hayley McDowell
The Trade, 6 December 2016
Japan’s Securities and Exchange Surveillance Commission (SESC) has recommended that Morgan Stanley be fined based on the findings of an investigation into market manipulation.
The SESC found a trader at Morgan Stanley had placed orders and conducted trades on the Tokyo Stock Exchange over a 14-day period in October 2015, without intention to execute.
Cohen, SAC Capital reach $135M insider-trading settlement
Kevin McCoy, 01 December 2016
Investment billionaire Steven Cohen and his former SAC Capital Advisors hedge fund have reached a preliminary $135 million settlement of insider-trading allegations filed by investors in Ireland drugmaker Elan. Continue reading “Article: Cohen, SAC Capital reach $135M insider-trading settlement”
Steven Cohen and SAC reach $135m insider-trading settlement
Rob Copeland, The Wall Street Journal, 01 December 2016
Billionaire Steven A. Cohen and his former hedge fund SAC Capital Advisors agreed to a $135 million class-action settlement on November 30, bringing legal costs tied to SAC-related insider-trading cases close to $2 billion. Continue reading “Article: Steven Cohen and SAC reach $135m insider-trading settlement”
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
