Kim Kardashian paid $1.26 million for promoting illegal crypto
Published in News


Forgot to tell followers that EthereumMax paid her $250,000 to promote them

Kim [All about the Bass] Kardashian has paid $1.26 million after being charged by the Securities and Exchange Commission (SEC) with unlawfully promoting a crypto investment scheme on Instagram.

Oracle pays to make bribery charges go away
Published in News
Wednesday, 28 September 2022 10:51

Oracle pays to make bribery charges go away


Only in America you can pay to make bribery charges go away 

Oracle has paid $23 million to the US Securities and Exchange Commission to settle corruption charges that subsidiaries in Turkey, United Arab Emirates and India used "slush funds" to bribe foreign officials to win business.

Boeing pays $200 million to make SEC investigation go away
Published in News


Must be nice to have that sort of cash

Boeing agreed to pay $200 million to settle US Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.

Morgan Stanley pays $35 million for data security lapses
Published in News


Unwiped, unencrypted hard drives flogged on auction sites

Morgan Stanley is paying the Securities and Exchange Commission (SEC) a $35 million penalty to settle a claim that it flogged unencrypted hard drives from decommissioned data centers on auction sites without first being wiped.

Trump fires himself from his own social media venture
Published in News


Just before it was hit with SEC and federal subpoenas

Former reality TV star Donald Trump removed himself from the board of his social media venture shortly before it was hit with federal subpoenas "by both the Securities and Exchange Commission and a grand jury in Manhattan."

Apple’s gag culture investigated by SEC
Published in News
Thursday, 10 February 2022 13:45

Appleā€™s gag culture investigated by SEC


Might have misled investors

The Fruity Cargo Cult Apple is in hot water with the SEC over its non-disclosure agreement culture.

Elon Musk fired as chairman of Tesla
Published in Transportation
Sunday, 30 September 2018 09:44

Elon Musk fired as chairman of Tesla


By SEC, still remains the CEO

Twitter is a dangerous tool and there is no going back when you are followed by millions. Due to his tweet about Tesla becoming a private company, after perhaps an ill-judged tweet, Tesla and Elon have to split a $40 million fine and Elon has to resign as chairman of the board within 60 days.

US regulator sues Musk for fraud
Published in Transportation
Friday, 28 September 2018 10:52

US regulator sues Musk for fraud


Might try to get him fired

The U.S. Securities and Exchange Commission has accused Tesla Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company.

SEC tells Apple to listen to shareholders
Published in News
Thursday, 04 January 2018 12:03

SEC tells Apple to listen to shareholders


Must listen to a proposal about human rights

Fruity cargo-cult Apple has been told that it must listen to its shareholders when they ask it to adopt policies that encourage human rights.

Celebs warned against peddling cryptocurrencies
Published in News
Thursday, 02 November 2017 15:57

Celebs warned against peddling cryptocurrencies


Because they might go to jail

The US Securities and Exchange Commission (SEC) has issued a blunt warning on celebrities using social media to buy stocks and other investments related to the promotion of Initial Coin Offerings