On Thursday, 54 year-old Glenn Cohen, who is a former director of vitamin manufacturer NBTY Inc, his brothers Craig, Steven, Marc and Marc's girlfriend Laurie Topal have agreed to settle insider-trading claims filed by the US Securities and Exchange Commission, Bloomberg reported.
19 year-old Jacob Lavoro has been slapped with federal charges that could get him a life sentence after using hash oil instead of marijuana in his brownie and cookie business, Yahoo News reported.
Several of the 70 people who were arrested in a New York federal probe were trusted members of the community, according to the Homeland Security Investigations arm of US Immigration and Customs Enforcement on Wednesday.