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US ponzi Scheme on personal injury settlements Discovered

The Securities and Exchange Commission (SEC) says it has caught and blocked an “early-stage Ponzi scheme” that was duping investors over purported investments in personal injury legal settlements.

The US regulator says New York-based Rockford Funding Group began its Ponzi scheme in March, using cold calling and a website to raise at least $11 million from more than 200 investors across the US and

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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