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SEC charges U.S based Moog Inc. with FCPA violations for subsidiary’s role in Indian bribery scheme

by Jyotsna Bucktowar | Oct 9, 2024

SEC announced that Moog Inc., a New York-based global manufacturer of motion controls systems for aerospace, defense, industrial and medical markets, agreed to pay a civil penalty of $1.1 million to resolve the SEC’s charges that it violated the Foreign Corrupt...

SEC levies more than $3.8m in penalties in sweep of late beneficial ownership and insider transaction reports

by AdrianaAMLP | Sep 25, 2024

Settled charges announced against 23 entities and individuals for failures to timely report information about their holdings and transactions in public company stock, including Alphabet, Goldman Sachs among parties charged for late filings.

SEC Enforcement publishes the top four securities enforcement and litigation developments from July 2024, including actions related to cryptocurrency and activist short selling

by Jyotsna Bucktowar | Sep 10, 2024

The developments include: An action against an activist short seller related to his publishing of allegedly misleading research reports; The dismissal of many of the SEC’s claims in the SolarWinds litigation; The SEC’s first litigated action relating to the operation...

SEC charged executives of Medly Health Inc. with defrauding investors on fake prescriptions and fraudulently inflated revenue

by Jyotsna Bucktowar | Sep 9, 2024

The SEC has charged Medly Health Inc.’s and Head of Rx Operations with defrauding investors during a US $170 million fundraising effort. The accused are inflating revenue figures, while Bhatt is alleged to have created fake prescriptions to support these...

SEC awarded over US$24 million to whistleblowers whose information led to an SEC enforcement action and another agency’s action

by Jyotsna Bucktowar | Aug 20, 2024

The SEC has awarded over US$24 million to two whistle blowers with US $4 million going to the first and US $20 million to the second. The second whistle blower received a larger award due to their crucial role in the investigation. These awards are funded by an...
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  • EBA launches a consultation to simplify EU Supervisory reporting by cutting requirements by around 50% and reducing duplication and streamlining data requirements
  • NCA’s UKFIU SARs Reporter Booklet (Mar 26) reveals large-scale fraud and ML schemes, including £2.4M VAT frauds, £600k+ asset freezes, and complex organised crime networks 
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  • OECD’s Consumer Finance Risk Monitor 2026 report flags rising FC risks from AI impersonation, phishing, investment and crypto fraud, with 85% of jurisdictions citing scams as the top risk

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