LA Times investigation shows dangerous nuclear radiation leaks in Marshall Islands from our storage worse than Fujikima as the sea levels rise

The United States has deposited more than 3.1 million cubic fees of radioactive soil and debris including plutonium to the Runit Dome in the Marshall Islands and now the dome, called “the Tomb is a major risk of collapsing from rising seas and other effects of climate change. Officials in the Marshall Islands have sought […]

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SEC awards over $260,000 to whistleblower over top on fraud

The Securities and Exchange Commission today announced an award to three individuals who jointly submitted a tip alerting the agency to a well-concealed fraud targeting retail investors.  The information led to a successful enforcement action.  The whistleblowers, who were themselves harmed investors, will collectively receive a payment of over $260,000 based on current collections. “Because […]

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Mylan pays $30 million to settle SEC charges of accounting and disclosures and misclassification of EpiPen

The Securities and Exchange Commission today announced charges against Pennsylvania-based pharmaceutical company Mylan N.V. for accounting and disclosure failures relating to a Department of Justice (DOJ) probe into whether Mylan overcharged Medicaid by hundreds of millions of dollars for EpiPen, its largest revenue and profit generating product. Mylan agreed to pay $30 million to settle the […]

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Former accountant for the Walt Disney Company now SEC whistleblower says Disney inflated its revenue by billions according to Marketwatch

Sandra Kuba, a former accountant at the Walt Disney Company filed a Securities and Exchange Commission whistleblower report which alleges that the company has falsely inflated and overstated its revenue for years.  Ms. Kuba worked at the company for 18 years in their revenue-operations department. She detailed that the parks-and-resorts business overstated their revenue by […]

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SEC targets Commonwealth Financial Network and other advisors for conflicts and hiding revenue sharing with brokers running trades

The U.S. Securities and Exchange Commission (SEC) is investigating several major investment advisor companies for failure to reveal conflicts of interest including revenue-sharing arrangements resulting in millions in income. In one recent lawsuit filed against Commonwealth Financial Network, The SEC says the firm has failed to disclose material conflicts of interest related to revenue sharing […]

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Treasury Department fines U.S. truck maker PACCAR $1.7 million for 63 violations of Iranian transactions and sanctions violations

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC)has fined a U.S. truck maker PACCAR $1.7 million for 63 alleged violations of the Iranian Transactions and Sanctions Regulations. The settlement resolves potential civil liability for actions taken by a wholly-owned subsidiary of the company that allegedly sold or supplied trucks with a total transactional value […]

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cayman islands

Task Force Report Concludes Cayman Islands Unable to Spot Money Laundering and Terrorism Financing

The Cayman Islands, three islands located in the western Caribbean, lack the capacity to spot money laundering and terrorism financing. This is a major fault considering the Cayman’s role as an international financial center. The Caribbean Financial Action Task Force (CFATF) took control over the evaluation of this region in 2017, when they visited the […]

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