Are the SEC and Citigroup Deceiving A Federal Judge?

The SEC and Citigroup are trying to bully Federal Judge Jed Rakoff into rubber-stamping a sweetheart settlement for a massive fraud. That’s bad enough, but the SEC has also locked arms with Citigroup to make sure as little information as possible is disclosed to the Judge and the public about the settlement and Citigroup’s fraudulent deal. Read Huffington Post report [...]

John Morgan pleads guilty in Ponzi scheme

John S. Morgan — a former Sarasota socialite who with his wife Marian Morgan has been accused of a $10 million Ponzi scheme — has pleaded guilty in the case to a charge of conspiracy and money laundering. Read Herald Tribune report [...]