by AdrianaAMLP | Nov 6, 2025
The action initiates a department-wide review of roughly $9 billion in contracts awarded under preference-based programs amid concerns that large firms may have improperly received set-asides while passing most work to subcontractors. It seeks to identify misuse,...
by AdrianaAMLP | Sep 30, 2025
The company, owned by Russian businessman Albert Avdolyan, admits to the violation and settles with the U.S. Bureau of Industry and Security (BIS) by agreeing to pay a civil penalty of $374,474, which it must pay to retain any export privileges…
by AdrianaAMLP | Sep 8, 2025
These schemes involve perpetrators using fake personas to coerce victims into creating and sending sexually explicit images or videos, threatening to release the material unless payment is provided. FinCEN highlighted the alarming increase in such incidents,...
by AdrianaAMLP | Sep 5, 2025
The Cross-Border Task Force aims to identify and investigate potential violations of U.S. federal securities laws by foreign-based companies, including market manipulation schemes such as “pump-and-dump” and “ramp-and-dump.” It also seeks to scrutinize gatekeepers...
by Jyotsna Bucktowar | Aug 14, 2025
Wear allegedly sold non-existent or previously sold water vending machines to retail investors, including veterans, promising annual returns of 12% to 20%. He also issued bonds purportedly secured by these machines to institutional investors, misappropriating over $60...
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