SEC warns against investing in SPACs based solely on celebrity backing

REUTERS

The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. read more »

KC Man Sentenced for $6 Million Ponzi Scheme

DOJ

A Kansas City, Missouri, man was sentenced in federal court today for engaging in a $6 million Ponzi scheme that defrauded dozens of victim investors. read more »

Insider alleges Eli Lilly blocked her efforts to sound alarms about U.S. drug factory

REUTERS

On a chilly spring morning in 2019, Amrit Mula arrived in her office at pharmaceutical giant Eli Lilly and Co’s factory in Branchburg, New Jersey, to find a desk drawer open that she had kept locked. Her files were missing. read more »