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Former Owners of Telemarketing Company Agree to Pay At Least $4 Million to Resolve False Claims Act Allegations DOJ

ABN Amro shares fall on concerns about size of possible money laundering fine REUTERS ABN Amro shares fell 4% in early trading in Amsterdam on Monday, following reports that the Dutch bank might face a higher-than-expected penalty in an ongoing money laundering investigation. read more »

AG Slatery Sues Health Management Organization for Fraudulent Medicaid Claims; Kickbacks TN GOV

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

SEC Charges Unregistered Investment Adviser with Defrauding Investors in Decade-Long Scheme SEC

SEC Awards Approximately $1.5 Million to Whistleblower SEC

SEC Issues Over $5 Million to Joint Whistleblowers Located Abroad SEC

SAP Public Services, Inc. to Pay $2.2 Million to Settle False Claims Act Allegations DOJ

SEC Awards Over $500,000 to Two Whistleblowers SEC

United Airlines to Pay $49 Million to Resolve Criminal Fraud Charges and Civil Claims DOJ United Airlines Inc. (United), the world’s third largest airline, has agreed to pay over $49 million to resolve criminal charges and civil claims relating to fraud on postal service contracts for transportation of international mail. read more »

Bots hyped up GameStop on major social media platforms, analysis finds REUTERS

SEC Issues Whistleblower Awards Totaling Over $1.7 Million SEC

GameStop CFO to step down after Reddit driven stock rally REUTERS GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock. read more » Robinhood frustration: Widow struggles to close husband's account WCPO

SEC Awards More Than $9.2 Million to Whistleblower for Successful Related Actions, Including Agreement With DOJ SEC

Federal Contractor Agrees to Pay More Than $6 Million to Settle Overbilling Allegations DOJ

Explaining GameStop hearing terms: Payment for order flow AXIOS Payment for order flow, or PFOF, sits at or near the top of the list of people's complaints about market structure. read more » Explaining GameStop hearing terms: Short-selling AXIOS The reason that GameStop stock rose so sharply last month was, paradoxically, because so many people had bet that it was going down. read more »

GameStop bull 'Roaring Kitty,' MassMutual hit with securities lawsuit REUTERS The social media persona “Roaring Kitty” at the center of last month’s frenzied rally in shares of GameStop Corp violated securities laws and caused “huge losses” for investors, according to a class action lawsuit filed in federal court in Massachusetts. read more » Lawmakers facing off with GameStop saga’s key players AP NEWS

SEC Data Show $359 Million of GameStop Shares Failed to Deliver YAHOO FINANCE On Jan. 28, the day after GameStop Corp. mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo. read more » Big Tech faces additional pressure from private antitrust lawsuits NEW YORK TIMES

Robinhood CEO admits communications shortcomings, ahead of House testimony REUTERS Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social media-fueled trading frenzy around GameStop Corp, said the company’s chief executive officer. read more » How billions in pandemic aid was swindled by con artists and crime syndicates NBC NEWS

Drug companies seek billion-dollar tax deductions from opioid settlement WASHINGTON POST