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From selling literal snake oil to a frat house Ponzi scheme, these are the 9 strangest scams of the last year
A lot of scams have been investigated in the last year. INSIDER reviewed court documents to find the strangest ones.
A former senior accountant told the SEC that Disney recorded non-existent sales from giveaways and inflated gift-card revenues.
Buffett warned reporters in May that "there's something going on" with Kraft's finances. Berkshire Hathaway owns a 27% stake.
The SEC says former high flying VC Michael Rothenberg misappropriated $19 million from investors, and kept it up even while he was negotiating his set...
The SEC wants the court to order Rothenberg to pay more than $30 million, including a $9 million civil penalty.
The Department of Justice, the Federal Trade Commission, and the Securities and Exchange Commission all announced action against the company.
Facebook hit with additional $100 million fine for ‘misleading disclosures’ about data misuse in wake of Cambridge Analytica scandal
The SEC alleges Facebook knew in 2015 Cambridge Analytica had collected data on millions of users, but didn't disclose the breach until 2018.
The settlement will contain a fine of over $100 million and allege that Facebook didn't adequately warn investors after Cambridge Analytica.
After Elon Musk’s tweets landed Tesla in hot water, an SEC heavyweight is looking to shore up the regulator’s social-media rules
SEC commissioner Robert Jackson was unhappy with what Elon Musk and the SEC agreed to earlier this year, ending their months long legal battle.
The SEC voted to adopt a new investment standard for brokers. The new standard will require brokers to act in the "best interests" of clients.
The SEC is reportedly investigating whether Boeing was transparent enough with shareholders about problems with the 737 Max
The SEC is investigating whether Boeing gave shareholders sufficient information about problems with its 737 Max aircraft, Bloomberg reported.