Scrutiny mounts on China's Luckin Coffee as market regulator inspects

REUTERS

China’s top market regulator has launched an inspection into Luckin Coffee, joining the country’s securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals. read more »

SEC Accuses California Scammers of Using Fake Crypto Trading Bot to Defraud Investors

CRYPTOGLOBE

The U.S. Securities & Exchange Commission (SEC) alleges three California scammers defrauded investors of millions using a fake crypto trading bot and falsified reports. read more »

Court orders Aequitas to disgorge $453 million in fraud case

INVESTMENT NEWS

The Lake Oswego, Ore.-based investment management firm was the subject of a Securities and Exchange Commission complaint filed in 2016 alleging that Aequitas defrauded more than 1,500 investors into believing they were putting their money into health care, education and transportation investments when their money was being used primarily in a Ponzi-like fashion. read more »