Nikenson Jean Mathurin, 46, of Sparta, New Jersey, was found guilty on May 21, 2026, of three counts of wire fraud and one count of money laundering.
An Illinois woman who pleaded guilty in January 2026 to conspiring with others to defraud the SBA by submitting false applications for EIDL advances and PPP loans was sentenced to prison.
On May 22, 2026, a jury found Karen Marie Northcutt, 62, of Dewey, guilty of stealing $826,000 from the Prescott Area Habitat for Humanity (PAHH).
Leonard Pick, 62, of Palm Beach Shores, Florida, and Brian Kent, 59, of Tampa, Florida, were charged with orchestrating a bribery and major fraud conspiracy that corrupted the competitive procurement process for a Department of War technology innovation lab in the Pacific.
FINTRAC imposed an administrative monetary penalty of $693,742.50 on 13010431 Canada Inc., operating as Necosmart, a money services business in Edmonton, Alberta.
On April 20, 2026, the SEC filed a settled action against Rakesh Ahuja, a former employee of an investment advisory firm, for allegedly insider trading based on confidential information he obtained during his employment. Ahuja's unlawful trades resulted in profits of approximately $65,000.
On March 30, 2026, the SEC filed insider trading charges against Ronald Smith, a Connecticut resident and then-registered representative for a New York-based broker-dealer, who was allegedly tipped material nonpublic information misappropriated from the laptop of an employee of a New York-based investment bank.
On March 26, 2026, the SEC filed settled charges against Oklahoma resident Krish Kumar for allegedly making materially false and misleading representations to investors, raising approximately $7.
On December 16, 2025, the SEC filed settled charges against an individual trader for allegedly engaging in a two-year spoofing scheme that generated approximately $373,885 in ill-gotten gains.
Robinhood Securities and Robinhood Financial agreed to pay $45 million ($33.5M and $11.5M respectively) in SEC fines for failing to timely file suspicious activity reports.