December 16th, 2009 
Before You Invest The SEC has charged former TPG Capital L.P. associate Vinayak Gowrish and former Lazard Freres & Co. LLC vice president and investment banker Adnan Zaman with orchestrating an insider trading scheme. The scheme involved the two aforementioned individuals stealing confidential merger and acquisition information from their former employers and passing it along to two friends who then executed favorable trades.
The friends, Sameer N.
Posted in Finance Fraud 
Tags: Adnan, Co Llc, Disgorgement, Face Charges, Favorable Trades, Imposition, Injunctive Relief, Insider Trading, Investment Banker, Khoury, Kickbacks, Lazard Freres, Merger And Acquisition, Regulatory Bodies, Regulatory Measures, Securities Exchange Act, Securities Exchange Act Of 1934, Sticky Notes, Vinayak, Zaman 
No Comments » October 28th, 2009 Before You Invest THE operators of a mobile phone text scam that preyed on the desperate and dateless were yesterday slammed with $15.8million in fines for breaching anti-spam laws.
The fine, from Queensland’s Federal Court, makes the operators — who posted fake personals profiles on dating websites to harvest mobile phone numbers and lure men to pay up to $5 per message for SMS sex chat services — the recipients of Australia’s largest spam penalty.
It trumped the West Australian Federal Court’s October 2006 imposition of $5.5m in fines against email marketing company Clarity1, of which $1m was levied against managing director Wayne Mansfield.
It was also the first time the Australian Communications and Media Authority had taken legal action over SMS spam.
By Andrew Colley
