CVM has six accusations against Banco Master and Reag awaiting judgment
The Brazilian Securities Commission (CVM) has announced six accusations against Banco Master and Reag, awaiting judicial resolution amid ongoing financial fraud investigations.
Pharmaceutical Company With Danish Founder Admits to Billion-Dollar Fraud in the USA
The pharmaceutical company Zynex has reached a settlement with U.S. authorities admitting to healthcare fraud and other securities-related fraud.
Arrest of 'Account Preparers' in Securities Account Takeover Case, Allegedly Established and Transferred for Profit
A 28-year-old man has been arrested on suspicion of electronic computer fraud in a case involving the takeover of securities accounts and unauthorized stock trading in Japan.
CVM "deriva"
The Brazilian Securities and Exchange Commission (CVM) is facing operational challenges due to the lack of leadership as only two of its five director positions are filled amid significant market frauds.
Securities Account Hacking Case: Company Director Admits to Charges at First Trial
A company director, Lin Shin-hai, admitted to charges related to his involvement in a securities account hacking case that led to unauthorized stock trading in Tokyo.
Consultancy that recommended Master's securities to municipalities also suggested investing in Vorcaro's fund
A consultancy firm recommended municipalities invest in fraudulent securities and a fund linked to a controversial figure, Daniel Vorcaro, that is under investigation.
CVM creates group to analyze information about Banco Master, Reag and entities linked to the case
The Brazilian Securities and Exchange Commission (CVM) has established a working group to investigate information related to the Master conglomerate, Reag, and other associated entities following the liquidation of Banco Master amid ongoing fraud investigations.