Financial Fraud Watch- American Growth Fund II LLC Feb5

Posted by & filed under Financial Fraud Watch.

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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry. This week the SEC levied fraud charges against American Growth Funding II LLC, a Manhattan-based lending company, and its owner Ralph Johnson. Johnson and AGF II allegedly made misrepresentations about the company’s management

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Financial Fraud Watch- What 8 Words Cost J.P. Morgan $4 Million? Jan8

Posted by & filed under Financial Fraud Watch.

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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry. Today we’re going to learn how eight words cost J.P. Morgan $4 million. The words first appeared in a piece of marketing material developed by JPM’s Private Bank division in 2009. The financial

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Financial Fraud Watch- SEC Suspends Accountants & Audit Firms Dec11

Posted by & filed under Financial Fraud Watch.

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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry. Yesterday, the SEC took a shot at sweeping up the dirtier corners of the auditing industry, suspending five accountants and two audit firms from working on any SEC-related matters. “These accountants and their

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