SEC Issues Awards Totaling More Than $4 Million to Two Whistleblowers

SEC

The Securities and Exchange Commission today announced two awards totaling more than $4 million to whistleblowers who provided information and assistance in two separate covered actions. read more »

SEC Pushes for More Transparency From Private Companies

WSJ

The Securities and Exchange Commission is preparing to force more transparency from big private companies, as regulators grow concerned about the lack of oversight of the private fundraising that has fueled their rise. read more »

KPMG says accounting regulator ‘was misled’ over Carillion audits

THE GUARDIAN

KPMG has apologised for misconduct and misleading the UK’s accounting regulator over audits including that of Carillion, the major government contractor that collapsed four years ago. read more »

Investors say millions are missing and a businessman can't be found. How an alleged Ponzi scheme played out

CNBC

A Toronto businessman accused in court filings of being one of two masterminds in a multimillion-dollar COVID-19-related Ponzi scheme can't be located as angry creditors, their lawyers and shadowy figures with ties to illegal gambling rings try to find him and their money. read more »

Cryptocurrency crime in 2021 hits all-time high in value - Chainalysis

REUTERS

Cryptocurrency-linked crime surged to a record high last year in terms of value, with illegal addresses receiving $14 billion in digital currencies, up 79% from $7.8 billion in 2020, according to a blog from blockchain analysis firm Chainalysis released on Thursday. read more »