The Iowa Insurance Division is warning Iowans about a multistate identity theft and insurance fraud scheme that regulators say targets job seekers and prospective insurance agents. According to the division, scammers are contacting people and encouraging them to obtain an Iowa resident insurance producer license, promising to handle sales leads and…
The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas- based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme to defraud investors by double pledging hundreds of millions of dollars of subprime auto loans to multiple…
The Securities and Exchange Commission today announced charges against purported investment advisor Ichcoin Tech Corp. for allegedly making false statements in its filings with the SEC regarding its eligibility to be an exempt reporting adviser as well as its purported office location and other relevant identifying information.
