securities fraud

Amish farm
DelmasLehman/Getty Images
Jim Melwert
January 31, 2020 - 3:08 pm
A Berks County man has been charged with running one of the largest Ponzi schemes based in Pennsylvania, where he allegedly he ripped off the Amish and Mennonite communities for $60 million. Read more here.
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago.
Kiichiro Sato/AP Photo, 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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Elon Musk
Photo Illustration: Tesla/Shutterstock/CNNMoney
September 28, 2018 - 10:32 am
By Matt Egan (CNN Money) -- Elon Musk is the heart and soul of Tesla. If the SEC gets its way, he could have to step down. The SEC filed a lawsuit on Thursday that accused Musk of making "false and misleading" statements about a plan to take Tesla private. The real shocker is the SEC wants a judge...
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Cleveland Browns linebacker Mychal Kendricks (54) leaves the field after minicamp at the Cleveland Browns training facility.
Ken Blaze-USA TODAY Sports
Mark Abrams
September 19, 2018 - 5:24 pm
PHILADELPHIA (KYW Newsradio) — Damilare Sonoiki, the investment banker who passed along insider information to former Eagles linebacker Mychal Kendricks, pleaded guilty to charges of securities fraud and conspiracy before U.S. District Court Judge Gene Pratter on Wednesday. Assistant U.S. Attorney...
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Portrait of Rep. Chris Collins R-New York.
August 08, 2018 - 10:33 am
By Maegan Vazquez and Shimon Prokupecz, CNN (CNN) -- New York Republican Rep. Chris Collins has been charged with securities fraud, wire fraud and false statements, the Justice Department announced Wednesday. Collins, who was the first sitting member of Congress to endorse Trump's presidential bid...
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