Prosecutors claim Guo Wengui and his financial advisor, Kin Ming Je, conspired to defraud thousands of victims of more than $1 billion using “a series of complex fraudulent and fictitious businesses and investment opportunities.”
In honor of International Women’s Day and Women’s History Month, WealthManagement.com recognizes eight women who broke the glass ceiling in the male-dominated field of finance.
The SEC said BKCoin and its co-founder, Min Woo "Kevin" Kang, which had allegedly raised nearly $100 million from investors, violated securities laws by making “Ponzi-like” payments.
The bank filed a petition asking a federal court to overturn the award to James D. Garrity, who worked for Credit Suisse for 15 years before joining Morgan Stanley in 2015.
The commission charged Kevin Kane and Sean Michael Kane for defrauding clients after they were fired from Waddell & Reed by telling them they left voluntarily.