Joonko founder Ilit Raz pleads guilty to securities fraud in New York
United States Attorney for the Southern District of New York Jamie McDonald and FBI Assistant Director in Charge of the New York Field Office James C. Barnacle, Jr. announced that Ilit Raz, founder and former Chief Executive Officer of Joonko Diversity, Inc., pleaded guilty to securities fraud. According to the announcement, Raz's guilty plea relates to a scheme to defraud investors and mislead them about core aspects of the company she founded. The source says the false information involved Joonko's customers and revenue. Prosecutors said Raz misrepresented the identity and quantity of Joonko's customers and also misled investors about Joonko's... [Continue Reading]
Breaking-360LiveNews | 11 Sep 2026 17:32 LONDON
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Hedge Fund Founder Charged in New York With Fraud Scheme Over Fund Performance Misrepresentation
U.S. authorities in the Southern District of New York unsealed a complaint charging VUK VUKOVIC, founder of the hedge fund Oraclum Capital LLC and chief executive and chief investment officer of the Orca Bason Fund, with securities fraud and wire fraud. The complaint says the case centers on a scheme to misrepresent fund performance to investors. Attorney for the Southern District of New York Jamie McDonald, FBI Assistant Director in Charge of the New York Field Office James C. Postal Inspection Service Inspector in Charge Ketty Larco-Ward. The agencies said the complaint was unsealed in New York. VUKOVIC was presented... [Continue Reading]
Breaking-360LiveNews | 11 Sep 2026 14:32 LONDON
