Business, Crime, Politics

Attorney General Frosh leads effort to charge precious metals dealers in $185 million scheme targeting retirement-age investors

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh has announced that his Securities Division has collaborated with the Commodities Futures Trading Commission (CFTC) and 29 other states in filing a complaint in the U.S. District Court for the Northern District of Texas alleging related companies Metals.com and Barrick Capital, Inc. solicited $185 million from retirement-age investors, including at least $3 million …


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 …