This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
05/30/2018
SEC charges cryptocurrency company that raised $21 million with fraud
The Hill
The Securities and Exchange Commission (SEC) on Tuesday announced that it is suing the blockchain company behind a $21 million initial coin offering (ICO) for fraud.
The agency also received court approval to freeze the assets of Titanium Blockchain Infrastructure Services Inc., the company running the alleged scheme.
Titanium President Michael Alan Stollery, whom the SEC is also suing, allegedly lied about having business relationships with the Federal Reserve and many high-profile companies, such as PayPal, Verizon, Boeing and The Walt Disney Company.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information