frat boy

Frat Boy Busted Running Fake Hedge Fund Out Of Frat House

SEC Plays Dean Wormer To UG Frat Boy Accused Of Running Fraudulent Hedge Fund Out Of Frat House The SEC is accusing former UG frat boy Syed Arbab of allegedly running a fake hedge fund out of a frat house. SEC investigators say Arbab untruthfully portrayed himself as a University of Georgia graduate who was […]

Bank of America Foreclosure Defense

The Bank of America Foreclosure Defense Team With A Track Record Of Body Slamming Bank of America MFI-Miami has created a specialized Bank of America Foreclosure Defense Team just for BofA customers. The team’s focus will solely on developing strategies for homeowners to defeat BofA in a foreclosure battle. MFI-Miami will also give homeowners their […]

London Banker Pleads To Guilty Libor Rigging

Faces 10 Years In Prison For Libor Rigging From RT: A senior London banker has become the first person to be prosecuted for fixing the London interbank offered rate (Libor) or Libor rigging a scandal that resulted in billions worth of losses for savers as banks fraudulently boosted their profits. The banker, who has not been […]

HAMP

Homeowner Help Remains Elusive In $16.5B Bank of America Fine

David Dayan, UK Guardian The Justice Department has inked yet another cash settlement for misconduct in the production of mortgage-backed securities, this time with Bank of America for $16.65bn. Don’t expect a lot of that to be of any help to people who lost their homes. While Bank of America is ostensibly devoting around $7bn of […]

The SEC Puts Teeth Into Dodd-Frank To Protect Whistleblowers

Erika Kelton, Forbes For the past two years, Securities and Exchange Commission officials have frequently stated that the SEC won’t tolerate retaliation against whistleblowers who report suspected wrongdoing to the commission. Last week, the SEC showed that it really means what it says. The SEC announced that it had for the first time charged a firm […]

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