The former chief financial officer of SolarMax Technology in Los Angeles, Michael McCaffrey, has asserted that his former employer fired him for revealing the company's "fraud and financial improprieties" in connection with its raising of some $60...
On June 23, 2015, the Securities and Exchange Commission ("SEC") instituted public administrative and cease-and-desist proceedings pursuant to the Securities Exchange Act of 1934 ("Exchange Act") against Ireeco, LLC and Ireeco Limited, for illegal...
The Securities and Exchange Commission charged Luca International Group and its CEO with running a $68 million Ponzi-like scheme and affinity fraud that targeted the Chinese-American community in California and investors in Asia, including some s...
Correction:Boca Raton-based Ireeco LLC and its successor, Hong Kong-based Ireeco Ltd., made history Thursday by being the first to be charged with unregistered broker activity in the EB-5 Immigrant Investor Program. The Securiti...
A senior federal agent became the first insider Wednesday to publicly expose what she said were serious national security concerns surrounding a controversial immigration program that has been providing Green Cards to wealthy foreigners. ...