Securities Industry Commentator by Bill Singer Esq

January 18, 2023

Securities Industry Commentator:
A legal, regulatory, and compliance feed
curated by veteran Wall Street lawyer Bill Singer



Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting / Bitzlato Ltd. Processed More than $700 Million Dollars’ Worth of Illicit Funds, Including Millions in Ransomware Proceeds / Defendant Wrote on Bitzlato’s Internal Chat Room That its Users Were "Known to be Crooks" (DOJ Release)

Disbarred California Attorney Sentenced To Five And A Half Years In Prison For Long-Running Multi-Million-Dollar Investment Fraud Scheme / Defendant Sold Interests in Real Estate that He Did Not Own (DOJ Release)

El Paso Man Pleads Guilty to Operating Ponzi Scheme Disguised as Crypto Investment Firm (DOJ Release) 

Hawaii Couple Charged With Fraud And Money Laundering For Selling Counterfeit Art (DOJ Release)

Texas Man Admits Role in Scamming Seniors in Rhode Island and Elsewhere in Online Romance Scams (DOJ Release)


Statement Regarding National Trust and Fiduciary Services Company, Inc., et al. by SEC Commissioner Hester M. Peirce and SEC Commissioner Mark T. Uyeda

SEC Obtains Judgment Against Florida Man in Microcap Fraud (SEC Release)

SEC Denies Whistleblower Award to Claimant 
Order Determining Whistleblower Award Claim



FINRA Bars Rep For Providing False Information
In the Matter of Suzanne Therese Charrin, Respondent (FINRA AWC)