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@egamers_io
egamers.io > jury-convicts-profit-connects-brent-kovar-over-24m-ai-crypto-scheme

Jury Convicts Profit Connect’s Brent Kovar Over $24M ‘AI Crypto’ Scheme

7+ hour, 24+ min ago   (528+ words) He sold a supercomputer. What investors actually bought him was a house. Brent C. Kovar, the man behind Profit Connect, has been convicted by a federal jury on 15 counts of fraud and money laundering, after prosecutors argued he collected $24 million from…...

@IBTimesUK
ibtimes.co.uk > selena-gomez-investor-fraud-lawsuit-wondermind-1816532

Attorney Alleges Selena Gomez Stepped Back From Mental Health Startup After Securing Investors' Money

7+ hour, 3+ min ago   (577+ words) Investors have accused Selena Gomez and her mother, Mandy Teefey, of defrauding them out of £920,000 ($1.2million) in a federal lawsuit that claims the singer stepped back from their mental‑health startup Wondermind after her name helped secure funding. Filed on 13 August…...

@BLaw
news.bloomberglaw.com > ip-law > sec-drops-ex-congressman-insider-trading-case-after-trump-pardon

SEC Drops Ex-Congressman Insider Trading Case After Trump Pardon

2+ hour, 25+ min ago   (264+ words) The Securities and Exchange Commission is dropping its case against a former Republican congressman who was pardoned by President Donald Trump in June after a 2023 insider trading conviction. The regulator filed a motion this week to dismiss the civil claims…...

Mishcon de Reya LLP
mishcon.com > news > when-does-confidential-information-cease-to-be-confidential-lessons-from-illiquidx-v-altana-wealth

When does confidential information cease to be confidential? Lessons from Illiquidx v Altana Wealth

13+ hour, 28+ min ago   (290+ words) Search for a name: Our central switchboard, available 24 hours a day, can be reached on +44 20 3321 7000 The claimant (Illiquidx) identified and developed an opportunity for non-US investors to invest in Venezuelan sovereign debt, something that was not being done due to…...

iHeartRadio
iheart.com > alternate > amp > 2026-08-26-lsu-coach-lane-kiffin-linked-to-eligibility-lawsuit

LSU Coach Lane Kiffin Linked to Eligibility Lawsuit

14+ hour, 50+ min ago   (103+ words) iHeart Kiffin defended his actions, stating, "They’re available to recruit. So, ourselves, like many places around the country, are recruiting them." He argued that the players were wronged by the NCAA and deserve the extra year. However, other coaches, including…...

CryptoRank
cryptorank.io > news > feed > 058d4-profit-connect-owner-convicted-over-24m-ai-crypto-fraud-scheme

Profit Connect owner convicted over $24M AI crypto fraud scheme | featured Regulation | CryptoRank.io

18+ hour, 16+ min ago   (454+ words) A federal jury convicted Profit Connect owner Brent C. Kovar on 15 fraud and money-laundering counts after prosecutors said he obtained $24 million from at least 400 investors through false claims about an AI-powered crypto business. The Justice Department said the verdict followed a…...

LancasterOnline
lancasteronline.com > news > local > daryl-heller-to-contest-402m-loss-calculation-ahead-of-sentencing-in-securities-fraud-case > article_9d67678f-fb12-4eda-ba1b-282d02fe7d2a.html

Daryl Heller to contest $402M loss calculation ahead of sentencing in securities fraud case

12+ hour, 15+ min ago   (1117+ words) Daryl Heller, second from right, prepares to enter the James A. Byrne U.S. Courthouse, in Philadelphia, with his defense team for a change of plea hearing related to his investor fraud case on Aug. 10, 2026. He’s accompanied by, from left: defense attorneys Zachary…...

MLex
mlex.com > mlex > amp > articles > 2517942

Schufa defends controversial credit database despite Noyb allegations

15+ hour, 41+ min ago   (100+ words) MLex Summary: Credit scoring agency Schufa has said it will defend its method of storing customer data in court, if privacy activist group Noyb follows through with its threat of a class action lawsuit. Schufa is accused of unlawfully storing…...

@BLaw
news.bloomberglaw.com > securities-law > sec-wins-spat-over-apex-off-channel-communications-settlement

SEC Wins Spat Over Apex Off-Channel Communications Settlement

8+ hour, 48+ min ago   (100+ words) Bloomberg Law News A Texas broker-dealer alleging it received harsher settlement terms than other targets of a Biden-era SEC crackdown on companies over record-keeping practices for business communications on employees’ personal devices lost its appeal challenging the agency’s enforcement action....

The Lufkin Daily News
lufkindailynews.com > news_reuters > national > sec-commissioner-greg-sankey-big10-commissioner-tony-petitti-and-college-gameday-analyst-pat-mcafee > image_15e63db5-2982-558d-8902-a6a095216a61.html

SEC commissioner Greg Sankey, BIG10 commissioner Tony Petitti, and College GameDay analyst Pat McAfee

14+ hour, 56+ min ago   (108+ words) The Lufkin Daily News SEC commissioner Greg Sankey, BIG10 commissioner Tony Petitti, and College GameDay analyst Pat McAfee - Grand jury indicts Lufkin police officer on 100 felony counts for alleged misuse of Flock cameras - Authorities release name of woman who died in…...