6 Arrested In Undercover Human Trafficking Operation In Tennessee
B911, 01 June 2021
SWEETWATER, Tenn. – A two-day undercover operation by special agents with the Tennessee Bureau of Investigation’s Human Trafficking Unit, the Sweetwater Police Department, the Monroe County Sheriff’s Office, the 10th Judicial District Drug & Violent Crime Task Force, Homeland Security Investigations, and the office of 10th District Attorney General Steve Crump resulted in the arrest of several men accused of seeking illicit sex from minors.
Over a two-day period beginning May 26th, as part of an undercover investigation aimed at addressed human trafficking in the region, authorities placed several decoy advertisements known to be linked to prostitution and commercial sex cases. As a result of the operation, authorities arrested the following men and booked them into the Monroe County Jail. Continue reading “Article: 6 Arrested In Undercover Human Trafficking Operation In Tennessee”
Cayman Fund Seeks To Revive $2B Claim Over Madoff Losses
Richard Crump, 20 April 2021
A Cayman Islands investment fund urged the highest court for overseas British territories on Tuesday to revive its breach of contract claim against Bank of Bermuda and an HSBC subsidiary for $2 billion in damages as the result of losses from Bernie Madoff’s massive Ponzi scheme.
Primeo Fund said the Judicial Committee of the Privy Council, which sits in London, should overturn a decision by the Court of Appeal of the Cayman Islands that the fund’s claims are barred by the reflective loss principle. That rule prevents shareholders from bringing a claim for personal losses arising from a breach of duty or contract owed to the company they have invested in. Continue reading “Article: Cayman Fund Seeks To Revive $2B Claim Over Madoff Losses”
Goldman Faces New Forex Rigging Suit From Currency Trader
Richard Crump, 12 March 2021
Goldman Sachs is being sued in London over allegations that its traders manipulated foreign exchange markets for profit, in the latest lawsuit filed by a British currency investment firm over trade front-running.
ECU Group alleges that traders at Goldman Sachs International misused its confidential information to make secret profits by trading ahead of foreign exchange transactions by the British company, an illegal tactic known as front-running, according to the High Court claim filed in November but only recently made public. Continue reading “Article: Goldman Faces New Forex Rigging Suit From Currency Trader”
Richard K. Crump Richard Crump joined the Federal Reserve Bank of New York in 2009. His research interests are in Econometric Theory and Financial Economics.
He holds a Ph.D. in Economics and an M.A. in Statistics from the University of California at Berkeley, along with a B.S. in Economics from MIT. Prior to graduate school he worked as an Associate in the US Economic Research Group and the Global Markets Research Group at Goldman Sachs.
Article: Burford Loses Bid For LSE Trader Info In Short-Selling Attack
Burford Loses Bid For LSE Trader Info In Short-Selling Attack
Richard Crump, Ed Harris
Law360, 15 May 2020
Burford Capital has failed to win a court order to force the London Stock Exchange to hand over the names of traders that dealt in its shares. (iStock)
Judge Andrew Baker has refused to grant an application by Burford Capital Ltd. for a court order to force the exchange to hand over the names of traders that bought and sold the funder’s shares on Aug. 6 and 7, 2019.
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