Reuters - The U.S. Securities and Exchange Commission charged missing Florida money manager Arthur Nadel with fraud on Wednesday and accused him of recently transferring more than $1 million to secret accounts he held.
Hedge fund manager David Einhorn has scored the ultimate victory in his almost 10-year long short of Florida-based real estate developer and landowner The St. Joe Company. The Securities and Exchange Commission said he was spot on.
The Alberta Securities Commission has taken the unusual step of extraditing a Canadian man accused of fraud from California.
Douglas Wayne Schneider appeared in court in Calgary on Wednesday and was released on bail with conditions, the provincial regulator said in a statement.
“Securing extradition of a Canadian from the U.S. is highly unusual,” commission spokesperson Alison Trollope said in an email.
The roommates of a pregnant missing Halifax university student have been charged with fraud and possession of stolen goods after they were found in Ontario with the missing woman’s car.
The family of Loretta Saunders, a 26-year-old Inuit woman and criminology student studying incidents of murdered and missing aboriginal women in Canada, say they fear the worst.