Stock fraud criminal remains at large
Saskatoon, SK: A criminal indictment has identified a former prison guard from Saskatchewan, Canada, as one of the six people accused of orchestrating a $60 million stock fraud scheme. [
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Man reportedly got $939K in stock fraud scheme

A 41-year-old man from Nevada has been charged in a civil action lawsuit citing stock fraud that reportedly made him more than $930,000. [
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Former AIG CEO to Pay $15 Million to Settle Claims
New York, NY: The former chairman and chief executive officer of AIG will pay $15 million to settle claims he misled investors. Although the Securities and Exchange Commission (SEC) does not allege that Maurice "Hank" Greenberg was involved in
securities fraud, it does allege that he and another AIG officer, Howard Smith, manipulated the company's earnings. Furthermore, the SEC said that Greenberg and Smith were "control persons," making them responsible for what occurred at AIG. [
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