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By Staff Report / Friday, January 2nd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Santa Barbara stock promoter charged with fraud
The SEC alleges that instead of purchasing the shares in the secondary market as promised, Efstratios “Elias” Argyropoulos and his firm Prima Capital Group misappropriated investor funds.
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By Elijah Brumback / Friday, November 14th, 2014 / Columns, Latest news, Law & Goverment, Top Stories / Comments Off on SB County District Attorney takes white-collar crime to task
After the 10-year sentence handed down to convicted ponzi-schemer David Prenatt on Oct. 9, and the more recent nine-plus-year sentence reckoned on former contractor David Lack, it’s clear that one county is sending a message that it has more than just a thing against guys named David. While a number of years behind bars might Read More →
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By Editorial Board / Friday, August 9th, 2013 / Editorials, Opinion / Comments Off on Editorial: Mortgage fraud crackdown counts another success
The Ventura County District Attorney’s office has struck pay dirt in its long-running investigation into mortgage fraud.
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By Stephen Nellis / Friday, May 3rd, 2013 / Banking & Finance, Law & Goverment, Top Stories, Tri-County Economy / Comments Off on Nipomo man must return $47M to fraud victims, banks
John Mark Moore, 51, of Nipomo has pleaded guilty in federal court to defrauding his in-laws, a former business partner and five banks out of as much as $47 million. Before his sentencing in July, Moore is likely to try to return as much of that as he can as restitution, according to prosecutors. But Read More →
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By Staff Report / Wednesday, November 24th, 2010 / Latest news / Comments Off on Santa Barbara man pleads guilty to Ponzi scheme charges
A Santa Barbara man pleaded guilty Nov. 23 to fraud charges that could land him in federal prison for up to 33 years.
