News

The Massachusetts Securities Division has accused a Massachusetts investment adviser of defrauding his mostly elderly clients out of more than $1 million over a 26 year period. Thomas T. Riquier and United Planners’ Financial Services of America are charged with misconduct related to the scheme. According to the Complaint, Thomas T. Riquier, an investment adviser [...]

In the last two years there has been an explosion in cybercrimes targeting money wired in connection with real estate transactions. Perpetrators of these scams gain access to email correspondences about pending real estate closings and then send a phony email directing settlement funds to be wired into the scammer’s bank account—often to never be [...]

When a third party recruiter submits a job candidate to a company and the company hires that candidate, the recruiter is typically entitled to compensation in the form of a recruitment fee (or placement fee). But in some cases, a company hires a candidate provided by a recruiter but fails to pay the recruiter. We [...]

Amidst the astronomic rise in cryptocurrency’s popularity, the Commodity Futures Trading Commission (CFTC) has uncovered numerous cryptocurrency scams that have fleeced unsuspecting investors of millions of dollars. Just yesterday, the CFTC filed its third cryptocurrency fraud suit in one-week against a company named My Big Coin Pay Inc. and its founder Randall Crater. My Big [...]