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SEC charges former Honor Finance principals with securitizations fraud

SEC charges former Honor Finance principals with securitizations fraud
autoremarketing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoremarketing.com Daily Mail and Mail on Sunday newspapers.

2 North America idealistic immigrants charged with close to $50 million fraud

2 North America idealistic immigrants charged with close to $50 million fraud
timesofisrael.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofisrael.com Daily Mail and Mail on Sunday newspapers.

Israeli and European police arrest suspects in Israel-run investment fraud

Simona Weinglass is an investigative reporter at The Times of Israel. Police enter a building on May 11, 2021, in connection with an action day against alleged investment fradusters. (Rheinland Pflaz Police) In a rare move, Israeli police last month arrested a suspect in an alleged €30 million ($36 million) investment scam, according to Europol. In a cross-border “action day” that took place on May 11, five people were arrested in Bulgaria and one in Israel, in connection with what Europol described as “a fraud scheme organized mainly by Israeli nationals.” Five other suspects were arrested in Spain at an earlier date. The action was led by German police with the cooperation of law enforcement from Bulgaria, Israel, Latvia, North Macedonia, Poland, Spain and Sweden.

SEC Charges Seven in $45 Million Pump and Dump Scheme | Chief Investment Officer

Kelly Kabilafkas allegedly promoted shares in Airborne Wireless Network, then dumped the stock. The US Securities and Exchange Commission (SEC) has charged seven people in connection with an allegedly fraudulent scheme to gain control of a technology company, pump up its stock, and defraud investors. According to the SEC’s complaint, Kalistratos “Kelly” Kabilafkas secretly purchased essentially all of the outstanding stock of Airborne Wireless Network, a Nevada corporation headquartered in Simi Valley, California, then distributed millions of shares to his associates and himself. The six associates have also been charged in the alleged scheme. Airborne was originally incorporated in 2011 as Ample-Tee Inc., which sold ergonomic products, such as chairs and workstations, for the physically disabled. But in 2016, the company changed its name to Airborne Wireless Network, and later radically changed its line of business to purportedly develop, market, and license a “high-speed

Nicholas Kabylafkas (Release No LR-25048; Mar 11, 2021)

Nicholas Kabylafkas (Release No LR-25048; Mar 11, 2021)
sec.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sec.gov Daily Mail and Mail on Sunday newspapers.

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