Financial Fraud

New York, July 13 (Xinhua) after the 150-year jail sentence for financial fraud, Mark Draille was sentenced to 20 years in prison for the same offence and fined $380 million for the same charges, according to the news agency. The 59-Year-old Draille graduated from Yale University and Harvard Law School. He was charged May 11 this year on 8 counts of fraud, including money laundering, securities fraud and electronic fraud.　　He himself has confessed to selling holiday tickets to hedge funds and other investors to defraud more than $400 million from these clients. Draille originally face long ...

June 7 (reporter Hou Sheng) Bank of communications "supreme 18th" financial products turmoil intensified: Yesterday afternoon, more than 20 investors from Beijing, Shanghai, Nanjing and Hangzhou to Shanghai to the headquarters of the bank to beg for investment capital and interest, the scene was once full of gunpowder, investors in the intersection outside the "Bank of financial fraud," a huge loss , trickery "sign, and had a physical clash with the police at the scene to maintain order. Scene pictures (Photo source: China Internet Finance) Bank of Communications head of the Gold department immediately came forward to negotiate with investors in the field for 10 hours ...

February 4, 2011, China's high-speed channel (ccme,13.89,+25.25%) yesterday slightly higher, once consolidation, in the United States 13:00 began a straight fall, the closing down 33.23%, reported 11.09 U.S. dollars, turnover 21.61 million, after continuing to fall 0.90 %。　　, Muddy Waters, a research firm, rated the "strong sell" rating for China's high-speed channel for its financial fraud, with a target price of 5.28 dollars. Muddy Waters accuses China's high-speed channel of deliberately manufacturing revenue and profits ...

"Two times will not be equal to a certain meeting."　　Yesterday, the Hunan Scenic mountains and rivers Bio-Tech Co., Ltd. (002525.SZ, hereinafter called "Scenic Mountains and rivers") again accepted the listing review, an industry personage told the first financial daily.　　April 2, the Securities and Futures Commission issued a notice that the Commission is scheduled to April 6 in 2011 to convene the 60th Audit Committee working Conference, Audit the Sea can Tatsu Communications Co., Ltd. starting application and scenery after the start of the event. Since then, Ningbo Li Li Electronics (002257.SZ), Suzhou long-lasting (300060 ...).

Lin to Liu Lang "two times will not be equal to a certain meeting."　　Yesterday, the Hunan Scenic mountains and rivers Bio-Tech Co., Ltd. (002525.SZ, hereinafter called "Scenic Mountains and rivers") again accepted the listing review, an industry personage told the first financial daily.　　April 2, the Securities and Futures Commission issued a notice that the Commission is scheduled to April 6 in 2011 to convene the 60th Audit Committee working Conference, Audit the Sea can Tatsu Communications Co., Ltd. starting application and scenery after the start of the event. Since then, Ningbo Li Li Electronics (002257.SZ), Suzhou Permanent (...)

Absrtact: December 15 News, following 3 U.S. law firms together to announce the investigation of the potential financial fraud problems, and two law firms Faruqifaruqi and Robbins Geller Rudmandowd together a lively, in five law firms, two have been to the law December 15 News, after 3 of U.S. law firms together announced the investigation of the potential financial fraud of the United States, there are two law firms--faruqi&faruqi and Robbins Gel ...

Absrtact: December 11--After a US law firm announced a probe into potential financial fraud in the United States yesterday, another two US law firms followed suit to announce a survey of the company's beauty products, which closed below $15 today. Two US law firm, December 11, after a US law firm said yesterday to investigate potential financial fraud in the United States, another two U.S. law firms have followed suit to announce a survey of the company's beauty products, which closed below $15 today. Two American law firms, Rosen firm and G ...

Madoff Xinhua New York, November 3, perennial financial giant cheat Madoff to provide accounting audit Services accountants David Friehlin 3rd to the federal judge pleaded guilty, but denied the Madoff "Ponzi scam" informed.　　According to local media reports, criminal charges against Friehlin include securities fraud, aiding investment advisers in fraud, tax evasion and submitting forged documents to the Securities and Exchange Commission. Friehlin 3rd in Manhattan federal Court in New York to admit to the presiding judge that he was unable to conduct an independent audit of the Madoff company's financial situation, credulous by Madoff himself or his company ...

Overvalued value! High stock price! Oversubscribed subscription! This is an era of U.S. stock mania. Everything seems to be the same as the 1999 Internet boom. Investors believe in their own vision, companies believe that they will have a future. "China has not yet seen a truly hundreds of billions of dollars in listed companies. We have to prove our worth to the world. "This is the CEO of an internet company that is on the quiet of the U.S. listing, and he doesn't feel that the PE value of Chinese companies that are now piling into the U.S. is too high. Yes, at the beginning of this year, the U.S. listing boom reappeared. Dangdang, Youku, Qihoo 360 of the high price of all ...

Absrtact: Once Upon a time, the Chinese concept stocks, which tell beautiful stories, wear bright financial statements and have high growth space, are the brightest stars in the capital market and attract a large influx of capital, which also stimulates the sensitive smell of short sellers. Short time ago, those who told a beautiful story, wearing a bright financial statement, with a high growth space of the Chinese concept stocks are the most shining star in the capital market, attracting a large number of capital inflows, but also stimulated the short person's sensitive sense of smell. Short of the means, although old-fashioned, but can be a hit, such a scenario let ...

Abstract: Overvalued value! High stock price! Oversubscribed subscription! This is an era of U.S. stock mania. Everything seems to be the same as the 1999 Internet boom. Investors believe in their own vision, companies believe that they will have a future. China has not yet seen the real overvaluation of billions of dollars! High stock price! Oversubscribed subscription! This is an era of U.S. stock mania. Everything seems to be the same as the 1999 Internet boom. Investors believe in their own vision, companies believe that they will have a future. "China has not yet seen a truly hundreds of billions of dollars in listed companies. We have to prove ourselves to the world.

Absrtact: December 9, an American firm said it is investigating whether the United States published false, misleading information, including current business, business prospects, supplier data behavior. 4 days later, a gang of lawyers issued a statement, said to represent the stock investors sued Poly Mei, condensed into December 9, a U.S. office said, is investigating whether the United States to publish false, misleading information, including the current business, business prospects, supplier data behavior. 4 days later, a gang of lawyers issued a statement, said to represent the stock investors sue Poly-Mei, the view condensed into 3 words: Poly beauty Products Change its revenue model, that is, from the market services ...