Business, Crime, Politics

Attorney General Frosh warns consumers to beware of coronavirus-related investment schemes

BALTIMORE, MD—Amid the ongoing COVID-19 pandemic, Maryland Attorney General Brian E. Frosh warned consumers on Tuesday to be wary of an anticipated surge in fraudulent investment schemes. “In these extraordinary times the health and welfare of all must be our foremost concern, and that includes our financial health” said Attorney General Frosh. “Scammers will begin perpetrating schemes that require little …


Business, Politics

Maryland Attorney General announces coordinated cryptocurrency crackdown

BALTIMORE, MD – Maryland Attorney General Brian E. Frosh announced on Wednesday that the Maryland Securities Division is participating in the nationwide Operation Cryptosweep, an initiative of the North American Securities Administrators Association (NASAA). Since the beginning of the year, 35 enforcement actions against Initial Coin Offerings (ICOs) and cryptocurrency-related investment products have been completed by state and provincial securities …