Whistleblower News: SEC investigates developer of 'miracle' Alzheimer's drug Cassava Sciences, Defendants to Pay $7M for Role in Fraudulent Binary Options and Digital Asset Scheme, Prosthetic department allegedly bilk VA of millions in kickbacks
SEC investigates developer of 'miracle' Alzheimer's drug Cassava Sciences after short sellers accused the company of manipulating research results using Photoshop
DAILY MAIL
The US Securities and Exchange Commission is reportedly investigating claims that Alzheimer's drug developer Cassava Sciences manipulated research results using Photoshop to alter images in a scientific paper. read more »
Federal Court Orders Florida Man and Foreign Defendants to Pay $7 Million for Role in Fraudulent Binary Options and Digital Asset Scheme
CFTC
The Commodity Futures Trading Commission today announced that Judge Darrin P. Gayles of the U.S. District Court for the Southern District of Florida issued orders granting permanent injunctions against Daniel Fingerhut, a resident of Miami, Florida, and Itay Barak, Tal Valariola and Digital Platinum Limited (DPL), residents of Israel, and requiring them to pay a combined $7 million in disgorgement and civil monetary penalties for violations of the Commodity Exchange Act (CEA) and CFTC regulations. The orders also impose permanent trading and registration bans on Fingerhut, Barak and Valariola, among other injunctive relief. read more »
Prosthetic department staffers allegedly bilk VA of millions in kickback scheme
CHICAGO TRIBUNE
Two Chicago U.S. Department of Veterans Affairs staffers accepted cash kickbacks after steering business to certain vendors, bilking the VA of millions of dollars, federal officials alleged Wednesday. read more »