Whistleblower News: Facebook Employees Warned About The Company’s Problems For Years, Britain's Natwest Pleads Guilty To Money Laundering Failings, CFTC Charges Two Men And Their Companies With Commodity Pool Fraud
Like whistleblower Frances Haugen, these Facebook employees warned about the company’s problems for years. No one listened
WASHINGTON POST
Around the same time Facebook whistleblower Frances Haugen was downloading tens of thousands of revealing company documents, another researcher from her division quit amid a mix of burnout and frustration. He too had lost hope that he could make change at Facebook. read more »
Britain's NatWest pleads guilty to money laundering failings
REUTERS
NatWest (NWG.L) pleaded guilty on Thursday to failing to prevent the laundering of nearly 400 million pounds ($544 million) and faces a heavy fine after becoming the first bank in Britain to admit to a criminal offence of this sort. read more »
CFTC Charges Two Men and Their Companies with Commodity Pool Fraud, Other Violations
CFTC
The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the District of Arizona, charging defendants Purvesh Mankad and his affiliated entities CTAX Series, LLC, a CFTC-registered commodity pool operator, and CTAX Partners, LLC, a CFTC-registered introducing broker, with fraudulent solicitation, misappropriation of pool participant funds, and making false statements to the National Futures Association (NFA) regarding the fraud. read more »
