SEC charges three execs in California with boiler room fraud


The Securities and Exchange Commission (SEC) has charged research and marketing company mUrgent Corporation and three of its executives with a $10 million boiler room fraud. The three executives are chief financial officer Vladislav Walter Bugarski  and his twin sons, chief executive Vladimir Boris Bugarski and chief operating officer Aleksander Negovan Bogarski.

The three are alleged to have operated the fraud from the company’s base in Santa Ana, California.

The SEC alleges mUrgent employees

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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