Preti Flaherty’s Post

Ponzi schemes are a harmful form of financial fraud that attract new investors with false promises of high returns, funded by the capital of later investors rather than legitimate activities. This unsustainable model eventually collapses, resulting in significant losses for latecomers. Insolvency proceedings are often initiated to recover assets, utilizing legal mechanisms to reverse transactions made by the scheme operator. Learn more in our latest blog article: https://lnkd.in/dj-xrZ-7. #southafricanlaw #ponzischemes #scams #fraud #legaladvice #insolvenceylaw

Considering bankruptcy can seem like a last resort. Whether you're wondering if you should file at all or picking up the pieces after the fact, NHCG has years of experience working through the bankruptcy process with our clients. We're here for you with consulting services and litigation support as you navigate your next steps. Visit nhcgfm.com to learn more, or schedule a free consultation with us at bit.ly/NHCGappt. . . . #bankruptcylitigation #bankruptcy #consultingservices #professionalconsulting #NHCG

Jamie Dimon, CEO of JPMorgan Chase, has faced allegations of profiting from a "Ponzi Scheme." These claims are serious and require thorough investigation. Investors must stay informed and vigilant. 🕵️♂️ While these allegations may raise concerns, it is essential to await official statements and findings before concluding. Financial markets can be complex, and it is important to seek reliable sources of information. Stay updated on reputable news sources and consider consulting with financial advisors to make informed decisions. Let's prioritize transparency and due diligence in our financial endeavors. Trustworthy information is key in navigating the intricate world of investments. Click the link in my bio to learn more. #StayInformed #InvestWisely #JamieDimon #PonziScheme #InvestorAwareness #TeekaTiwari #TeekaTiwariBlog

A case brought by ASIC against a Dixon Advisory director alleging a breach of duties in regards to decisions about the insolvency of the advice group has been dismissed. https://ow.ly/zCQN50UbvIH #SMSF #financialplanning #smstrusteenews #smsfinvestors

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐈𝐁𝐂 𝟐𝟎𝟏𝟔? 𝐉𝐨𝐢𝐧 𝐮𝐬 𝐚𝐬 𝐰𝐞 𝐮𝐧𝐩𝐚𝐜𝐤 𝐭𝐡𝐞 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐥𝐞𝐠𝐢𝐬𝐥𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐫𝐞𝐬𝐡𝐚𝐩𝐞𝐬 𝐡𝐨𝐰 𝐢𝐧𝐬𝐨𝐥𝐯𝐞𝐧𝐜𝐢𝐞𝐬 𝐚𝐫𝐞 𝐡𝐚𝐧𝐝𝐥𝐞𝐝 𝐟𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐋𝐋𝐏𝐬.⚖️🏛️ From the establishment of the IBVI and professional agencies to the powers vested in NCLT and NCLAT, we cover it all. Discover how this code ensures business protection and fair asset distribution among creditors. Tune in to understand the ecosystem designed to resolve financial distress! #aaainsolvency #insolvency #lawyers #fraud #Ibc #LIVideo

Our final panel at this year's Asset Recovery Asia will explore 'Appeals in fraud and insolvency cases: are the odds stacked against defendants?'. Join the panel at Asset Recovery Asia: https://lnkd.in/e6c-gDyB #ARAsia2024 #AssetRecovery #Fraud #Insolvency Randall Arthur Edward LU Lee Shih

The U.S. Securities and Exchange Commission recently fined an advisory firm $950,000 for failing to make timely disclosures in the lead up to a takeover bid in May 2022. The SEC’s order found that the firm violated the beneficial ownership provisions of federal securities laws when it failed promptly to report its control purpose and ownership position in a company it intended to acquire. Click for more > https://ow.ly/oSRs50QToZv As a reminder, in October 2023 the SEC adopted shorter reporting deadlines for beneficial ownership with compliance required from 30 September 2024 > https://ow.ly/GQAG50QToZw #sec #compliance #enforcement #RQCGroup

Charles Schwab & Co. has asked a federal court in #Houston to block one of its former advisors from soliciting customers to move assets to another RIA: https://lnkd.in/eWpX9igP #wealthmanagement #schwab #finra #litigation #sec #tro

Join Sidley Austin LLP for a webinar discussing the fundamentals and complexities of the #FCPA, and some actionable insights to protect #Indian businesses from potential liabilities. For more information and to register: https://lnkd.in/gyns4Q3q

Court Liquidation can occur due to various reasons, such as unpaid debts, prompting stakeholders to apply for the company to be wound up. It may also result from ATO recovery actions, Directors' Penalty Notices (DPNs), ongoing losses, or poor trading performance. Additionally, Court Liquidation may be ordered if creditors fear assets are being removed, if disputes arise between directors, shareholders, or investors, or if directors are at risk of insolvent trading. For more information visit svpartners.com.au or call us today on 1800 246 801 #svpartners #insolvency #courtliquidation