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Two Wyly Brothers Hit With Fraud Case From SEC.

Authors :
Scannell, Kara
Strasburg, Jenny
Source :
Wall Street Journal - Eastern Edition. 7/30/2010, Vol. 256 Issue 25, pC1-C12. 2p.
Publication Year :
2010

Abstract

The article reports that the U.S. Securities and Exchange Commission has charged billionaire brothers Sam and Charles Wyly with using subsidiaries and trusts in the Cayman Islands and Isle of Man to hide over a half-billion dollars in profits from trading in the shares of companies whose boards they sat on.

Subjects

Subjects :
*FRAUD

Details

Language :
English
ISSN :
00999660
Volume :
256
Issue :
25
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
52552362