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sky capital

Sky Capital staff face $140m fraud charges

Six former executives and brokers of Sky Capital, a New York brokerage, have been charged with a $140m transatlantic “boiler-room” fraud that law enforcers say reeled in UK and US investors, the FT said. More…

Another day, another (alleged) fraud

From Reuters:

NEW YORK , July 8 (Reuters) – Six employees of a retail brokerage surrendered to the FBI in New York on Wednesday as they face charges for a purported $140 million fraud, an official at the FBI said. More…