Sabby Asks Court to Dismiss Fraud Claims

Investment advisor says some of the SEC's securities fraud claims are past the time limit and that others lack specificity.

By Jim DuPlessis | August 28, 2023 at 02:44 PM

Wooden judge gavel and US money dollar bills

An investment advisor on Thursday asked a U.S. District Court judge to dismiss part of a suit filed by the Securities and Exchange Commission, accusing it of securities fraud in short sales of stock from 2017 to 2019.

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Former Credit Union Employee Sentenced in $2 Million Wire Fraud Scheme

By Peter Strozniak | May 17, 2024

Jose Prado-Valero receives more than $100,000 in cash kickbacks from remote co-conspirators.

Former Credit Union Employee Sentenced in $2 Million Wire Fraud Scheme

$3.4 Million Fraud Victimizes Alabama's Largest Credit Union

By Peter Strozniak | May 16, 2024

Eighteen persons are arrested and charged with theft, and arrest warrants are issued for five other individuals.

$3.4 Million Fraud Victimizes Alabama's Largest Credit Union

Sentence Handed Down in Bayer Heritage FCU Theft

By Peter Strozniak | May 09, 2024

Brandon Watkins uses member account numbers and personal information to access their funds via ITMs.

Sentence Handed Down in Bayer Heritage FCU Theft

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