Attorney General’s Office secures multi-count indictments in investment fraud schemes
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, June 15, 2010
Attorney General’s Office secures multi-count indictments in investment fraud schemes Separate ponzi scheme and real estate scam defrauded investors out of nearly half a million dollars. Today, the Attorney General’s Securities Unit announced that it has securedindictments resulting from two separate investigations charging Thomas Dolby and Robert Smithfieldwith multiple counts of securities fraud, theft, and […]
Biden announces conviction for racketeering and theft in construction fraud scam
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, December 15, 2009
Attorney General Beau Biden announced that two builders associated with the company “Bavari Corporation” have been sentenced in connection with a construction fraud scam against four sets of home owners and 23 sub-contractors and suppliers. On Friday, December 11 the owner and president of the company, Andrew T. Jones, was sentenced to seven years in […]
Attorney General’s Mortgage Fraud Task Force supports December housing workshops to help homeowners and reduce foreclosure fraud
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Monday, November 30, 2009
The Attorney General’s Mortgage Fraud Task Force is supporting December workshops in Middletown, Claymont, New Castle, and Seaford to help homeowners who are worried about missing a mortgage payment, are facing foreclosure, or suspect a foreclosure scam. The FREE workshops are as follows: Date Time Location Address Saturday December 5 10:30 a.m. – 12:30 p.m. […]
Royal Bank of Canada Capital Markets fined $22,156 for sale of Auction Rate Securities
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, September 22, 2009
The Delaware Department of Justice announced today that it has reached an agreement with the Royal Bank of Canada Capital Markets (RBC) following an investigation into its marketing and sale of auction rate securities (ARS). The company paid a fine of $22,156 to the State of Delaware for misleading investors about the safety of the […]
Merrill Lynch to Pay $459,660 Fine to Delaware for Sale of Auction Rate Securities
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Friday, September 11, 2009
The Delaware Department of Justice announced today that it has reached agreements with Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch) following an investigation into its marketing and sale of auction rate securities (ARS). The company will pay a fine of more than $459,660 to the State of Delaware for misleading investors about the […]
