On September 2nd, 2022, the United States Department of Justice (DOJ) announced that Mark Schena, the president of a Silicon-Valley medical technology company, was convicted by federal jury for his role in a $77 million fraudulent Covid-19 and allergy testing scheme. [1] The jury convicted Schena of three counts of…
As the world buckles in and adjusts itself to the newest wave of COVID-19, global economies appear to be looking to do just the same. In fact, central banks across the globe are now pivoting away from economy-stimulating monetary policies implemented at the start of the pandemic and toward tighter…
Stock fraud is awful, but it should not surprise you that it happens. There are bad people out there who think nothing of stealing money from anyone they can. Stock fraud, I bet, has been happening since corporations became a thing. Stock fraud may occur when a company defrauds investors…