securities heuristics statistics
corpus statistics · doj sdny + sec pr + sec litreleases
landing
docs 33,801
bytes 10108.3MB
triples 518,884
entities 123,445
corp-fraud docs 1,030
stats-miner live
DB — FS —

enrichment coverage 21 passes over 33,801 documents — 709,821 enrichment slots

277,904 39.2% extracted a value was found and written
149,677 21.1% no signal the pass ran and found nothing to extract
282,235 39.8% never enqueued the document was never handed to this pass
5 0 err in flight queued or running right now
why it skipped
no-entities-found 21,356 no-outcome-signal 18,027 no-case-no-and-no-defendant 16,216 no-court-match 15,710 no-sentence-detected 14,766 no-classified-amounts 14,010 no-statutes-found 13,590 no-disposition-detected 13,399 no-sanctions-detected 11,599 no-facts-extracted 6,506
how to get that number down — 142,093 field/document pairs still measurably missing, plus 4 fields not yet measurable
  1. sentence-extract 30,837(documents still missing this field) Enqueue the 18,658 documents this pass has never seen — coverage is bounded by the queue, not the extractor.
  2. disposition-extract 30,837(documents still missing this field) Enqueue the 18,658 documents this pass has never seen — coverage is bounded by the queue, not the extractor.
  3. sanctions-extract 20,184(documents still missing this field) Enqueue the 18,658 documents this pass has never seen — coverage is bounded by the queue, not the extractor.
  4. outcome-detect 18,001(documents still missing this field) Regex found no signal. Route the skipped set through an LLM pass (pool-qwen-large) to recover the long tail.
  5. link-references 15,916(documents still missing this field) Regex found no signal. Route the skipped set through an LLM pass (pool-qwen-large) to recover the long tail.
  6. statute-refs 8,977(documents still missing this field) Regex found no signal. Route the skipped set through an LLM pass (pool-qwen-large) to recover the long tail.
  7. court-jurisdiction 8,967(documents still missing this field) Regex found no signal. Route the skipped set through an LLM pass (pool-qwen-large) to recover the long tail.
  8. case-facts 3,292(documents still missing this field) Enqueue the 26,194 documents this pass has never seen — coverage is bounded by the queue, not the extractor.

Skipped is not failed — the extractor ran and found no match. Two levers move it: enqueue the documents a pass has never seen, and re-run the no-signal set through an LLM pass, which reads prose a regex cannot. Documents whose body is thin or image-only need refetch-pdf / ocr-recover first, otherwise every downstream pass will skip them again.

outcomes
settled 7,536 pleaded 3,207 charged 2,701 convicted 1,530 indicted 468 sentenced 331 dismissed 19 acquitted 8
courts
SDNY 10,192 CDCA 1,373 SDFL 1,337 DC 1,219 DMA 1,091 EDNY 835 NDCA 806 NDIL 729 DNJ 618 NDTX 586
entity kinds
person 56,145 company 32,078 organization 16,890 agency 9,586 scheme_term 5,547 location 1,829 court 976 unknown 394

coverage by workflow extracted / no-signal / never-enqueued per pass — live from workflow_runs + documents

fieldcoverageextractedno signalnever runqueuetop skip reason
Statute refs 20,21159.8%13,59040.2%00.0%0no-statutes-found 13,590
Court / jurisdiction 18,09153.5%15,71046.5%00.0%0no-court-match 15,710
Keywords 33,70199.7%1000.3%00.0%0no-keywords-extracted 100
Outcome 15,77446.7%18,02753.3%00.0%0no-outcome-signal 18,027
Money classes 19,79158.6%14,01041.4%00.0%0no-classified-amounts 14,010
Title formatted 33,69899.7%00.0%1030.3%0—
Title LLM 10,70131.7%4121.2%22,68867.1%0llm-error:title-llm HTTP 503: {"error":{"type":"observability_failure","message":"gpumon-w 284 +3
Titles 7752.3%1020.3%32,92497.4%0no title found via any tier (1-6) 102
Scheme 32,32995.6%00.0%1,4724.4%0—
Scheme detail 30,85791.3%5971.8%2,3476.9%0detail-too-short 206 +3
Link references 17,58552.0%16,21648.0%00.0%0no-case-no-and-no-defendant 16,216
Summary 510.2%00.0%33,75099.8%0—
Refetch PDF 4061.2%5171.5%32,87897.3%0body-already-sufficient 462 +2
Entities 11,12032.9%21,35663.2%1,3253.9%0no-entities-found 21,356
Mentions 11,15733.0%2,0736.1%20,57160.9%0no-entities-in-triples 2,073
OCR recovery 340.1%4631.4%33,30498.5%0body-already-sufficient 463
Sentences 3471.0%14,79643.8%18,65855.2%0no-sentence-detected 14,766 +1
Dispositions 1,7145.1%13,42939.7%18,65855.2%0no-disposition-detected 13,399 +1
Sanctions 3,51410.4%11,62934.4%18,65855.2%0no-sanctions-detected 11,599 +1
Case facts 1,0963.2%6,50619.2%26,19477.5%5no-facts-extracted 6,506
Case facts LLM 14,95244.2%1440.4%18,70555.3%0no-llm-facts 102 +3

extracted ran, no signal never enqueued

mentions: 229,142 docs with money classified: 33,801 settlement Σ: $314749.7M disgorgement Σ: $305333.2M civil penalty Σ: $2444553.8M victim loss Σ: $23517940.1M total victims: 40,834,048

documents per month by source · monthly buckets

SEC LitSEC PRDOJ SDNY

documents per year by source · stacked

SEC LitSEC PRDOJ SDNY

kinds top 12 across sources

litigation release· SEC Lit
10,453
press release· SEC PR
7,095
press release· DOJ SDNY
5,017
pdf· SEC PR
3,822
complaint· SEC Lit
3,374
pdf· SEC Lit
1,756
complaint· SEC PR
882
judgment· SEC Lit
442
pdf· DOJ SDNY
316
indictment· DOJ SDNY
267
complaint· DOJ SDNY
247
information· DOJ SDNY
92

top subjects canonicalized · top 12

SEC
84,407
Defendants
16,181
Court
5,200
SEC
2,240
Defendant
2,175
The Court
1,975
Respondent
1,694
The Complaint
1,244
Preet Bharara
1,229
James Velissaris
1,126
SEC
1,103
The Defendants
946

top objects canonicalized · top 12

Offer of Settlement
1,407
investors
1,398
Complaint
1,327
SEC
1,167
final judgment
1,102
§10(b) Exchange Act
899
§17(a) Securities Act
773
Defendant
749
insider trading
694
SEC investigation
664
fraudulent scheme
658
§10(b) Exchange Act
639

top verbs top 15

is
14,749
violated
13,611
charged
12,344
filed
9,225
announced
9,008
seeks
7,591
charged with
6,155
raised
5,670
engaged in
5,378
used
5,372
alleges
5,200
received
4,081

sanctions & losses by magnitude amounts carrying a legal role fetching· 0 B

no labelled amounts detected

sanction & loss size per year median and p90 of role-labelled amounts fetching· 0 B

no labelled amounts by year

case filings complaints · informations · indictments · superseding · judgments

filings by source & type all-time

complaint· SEC Lit · 1990–2026
3,374
complaint· SEC PR · 2001–2026
882
judgment· SEC Lit · 2003–2026
442
indictment· DOJ SDNY · 2013–2024
267
complaint· DOJ SDNY · 2013–2024
247
information· DOJ SDNY · 2013–2024
92
judgment· SEC PR · 2010–2024
22
superseding indictment· DOJ SDNY · 2013–2024
7
judgment· DOJ SDNY · 2014–2021
5
information· SEC PR · 2011–2017
3
information· SEC Lit · 2019
1

filings per year by type stacked

complaintjudgmentinformationindictmentsuperseding indictment

first overt act → indictment lag months · histogram SAMPLED

< 1 yr
322
1–2 yrs
304
2–3 yrs
283
3–5 yrs
569
5–10 yrs
558
10+ yrs
98

Backed by triples extraction once the processor parses overt-act dates from complaint narratives and aligns them against indictment published_at. Replace with real data when case_facts.first_act_date populates.

defendants per case caption parse SAMPLED

1 defendants
5,555
2 defendants
3,629
3 defendants
2,266
4 defendants
1,377
5 defendants
824
6-10 defendants
1,455
11+ defendants
480

case dispositions how matters ended fetching· 0 B

sentence length distribution custodial sentences stated in 2,138 documents fetching· 0 B

corporate fraud focus sub-type breakdown · defendants · tickers

fraud type distributioncorporate-fraud sub-typessynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Pump-and-dump
164
Unregistered securities
128
Insider trading
147
Market manipulation
109
Accounting fraud
81
Ponzi / pyramid
79
FCPA / bribery
55
Crypto-securities
55
Broker-dealer fraud
44
Investment adviser fraud
46
Boiler room
32
Advance fee
32
Affinity fraud
27
Pre-IPO fraud
20
Wire fraud
11

fraud types per yeartrend by sub-typesynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Pump-and-dumpInsider tradingUnregisteredMkt manipulationAccounting fraud

fraud type by sourcestacked by sourcesynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Unregistered securities · sec-litreleases
3,709
Pump-and-dump · sec-litreleases
3,285
Market manipulation · sec-litreleases
2,751
Insider trading · sec-litreleases
2,419
Accounting fraud · sec-litreleases
1,768
Ponzi / pyramid · sec-litreleases
1,303
FCPA / bribery · sec-litreleases
1,164
Insider trading · sec-pr
933
Pump-and-dump · sec-pr
826
Unregistered securities · sec-pr
784
Crypto-securities · sec-litreleases
773
Market manipulation · sec-pr
732
Accounting fraud · sec-pr
448
FCPA / bribery · sec-pr
397
Ponzi / pyramid · sec-pr
377
Crypto-securities · sec-pr
312
Pump-and-dump · doj-sdny
117
Insider trading · doj-sdny
78

top defendants — corporateby case countsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[Redacted Corp a]
48
[Redacted Corp B]
47
[Redacted Corp C]
46
[Redacted Corp D]
42
[Redacted Corp E]
37
[Redacted Corp F]
31
[Redacted Corp G]
28
[Redacted Corp H]
28
[Redacted Corp I]
19
[Redacted Corp J]
21
[Redacted Corp K]
16
[Redacted Corp L]
13

top target companiesnamed in filingssynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[Redacted Target a]
42
[Redacted Target B]
45
[Redacted Target C]
36
[Redacted Target D]
35
[Redacted Target E]
32
[Redacted Target F]
30
[Redacted Target G]
25
[Redacted Target H]
24
[Redacted Target I]
18
[Redacted Target J]
20
[Redacted Target K]
18
[Redacted Target L]
11

top tickersmentioned in filings — click through to the company's EDGAR accession listsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

XXXX
33
YYYY
30
ZZZZ
25
AAAA
20
BBBB
19
CCCC
20
DDDD
15
EEEE
14
FFFF
9
GGGG
9

criminal analysis — offence, instrument, role classified from 518k extracted triples; documents, not mentions

alleged conductby offence typesynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Material misrepresentation to investors
4,962
Misappropriation of investor funds
3,602
Aiding, abetting or conspiracy
3,278
Concealment and failure to disclose
2,683
Offering fraud and solicitation of investors
2,169
Falsified books, records or filings
1,701
Insider trading and unlawful tipping
1,694
Ponzi-style payments to earlier investors
1,544
Market manipulation
1,203
Unregistered offering or unregistered broker activity
1,376
Bribery, kickbacks and corrupt payments
1,162
Breach of fiduciary duty and undisclosed conflicts
779
Money laundering and structuring
662
Obstruction and false statements to investigators
487
Churning and unsuitable trading in customer accounts
169

investment vehicleswhat investors were put intosynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Common stock and equity securities
2,956
Options, swaps and derivatives
1,487
Microcap, penny stock and shell companies
1,181
Private funds, hedge funds and pooled vehicles
785
Real estate programmes
722
Digital assets and cryptocurrency
654
Mutual funds and ETPs
554
Promissory notes and debentures
524
Forex, futures and binary options
280
Oil, gas and mining
241
Prime-bank instruments and CDs
247
Life settlements and insurance
224
EB-5 and immigrant investor programmes
92

positions of trustroles named in filingssynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Investment adviser
2,741
Registered representative or broker
2,215
Chief executive officer
2,014
Chairman or board member
1,736
President or managing director
1,543
Accountant or auditor
1,318
Founder or owner
1,039
Consultant or sales agent
625
Chief financial officer
701
Other C-suite officer
542
Stock promoter
493
Portfolio or fund manager
368
Attorney
341
Trader
312
Banker or loan officer
251

securities fraud — detail view statutes · money · sub-type trends

securities money bucketsalleged exposure by sizesynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

< $100K
38
$100K–$1M
123
$1M–$10M
173
$10M–$100M
124
$100M–$1B
74
> $1B
23

securities statutescanonicalised & grouped by familysynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

§ 10(b) / Rule 10b-5
354
§ 5 Securities Act
211
§ 17(a) Securities Act
161
§ 9(a)(2) Exchange Act
86
§ 15(a) Exchange Act
70
§ 13(a) Exchange Act
68
§ 206 Advisers Act
52
§ 12(k) Exchange Act
33

pump-and-dump trendannualsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

unregistered securities trendannualsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

insider trading trendannualsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

market manipulation trendannualsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

microcap + shell-company schemes flag rates · sub-types · promoters · target heatmap

microcap flag rateD2synthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

34.0%

shell flag rateD3synthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

21.0%

microcap/shell overlapD4synthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

12.0%

microcap by fraud sub-typeD5synthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Pump-and-dump
203
Boiler room
101
Advance fee
57
Pre-IPO fraud
41
Unregistered
38
Affinity fraud
21

shell-co by fraud sub-typeD6synthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Reverse merger fraud
101
Pump-and-dump
84
Accounting fraud
56
FCPA / bribery
42
Money laundering
30
Wire fraud
31

microcap/shell promotersD7 · top promoters by mention countsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[Promoter a]
27
[Promoter B]
26
[Promoter C]
23
[Promoter D]
22
[Promoter E]
23
[Promoter F]
18
[Promoter G]
20
[Promoter H]
19
[Promoter I]
15
[Promoter J]
12
[Promoter K]
12
[Promoter L]
10
[Promoter M]
8
[Promoter N]
9
[Promoter O]
6

federal crime distribution top-level crime buckets · trend

federal crime distributionE1 · by charge bucketsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Securities fraud (18 U.S.C. § 1348)
344
Wire fraud (18 U.S.C. § 1343)
316
Mail fraud (18 U.S.C. § 1341)
203
Money laundering (18 U.S.C. § 1956)
151
Bank fraud (18 U.S.C. § 1344)
134
Conspiracy (18 U.S.C. § 371)
124
False statements (18 U.S.C. § 1001)
97
Tax evasion (26 U.S.C. § 7201)
82
FCPA (15 U.S.C. § 78dd-1)
55
Obstruction (18 U.S.C. § 1512)
56
Perjury (18 U.S.C. § 1621)
34
Extortion (18 U.S.C. § 1951)
24

crime bucket trendE2 · annual by bucketsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Securities fraudWire / mail fraudMoney launderingFCPA

case-no cardinalityF4 · unique case numberssynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

14,320

caption parse coverageF5 · % captions parsedsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

87.0%

litigators AUSAs · SEC counsel · judges · fraud-type mix

top AUSAsG2 · by case countsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[AUSA A.]
39
[AUSA B.]
37
[AUSA C.]
31
[AUSA D.]
27
[AUSA E.]
26
[AUSA F.]
26
[AUSA G.]
19
[AUSA H.]
16
[AUSA I.]
13
[AUSA J.]
15
[AUSA K.]
10
[AUSA L.]
9

top SEC counselG3 · by case countsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[SEC Counsel A.]
32
[SEC Counsel B.]
29
[SEC Counsel C.]
29
[SEC Counsel D.]
27
[SEC Counsel E.]
21
[SEC Counsel F.]
20
[SEC Counsel G.]
20
[SEC Counsel H.]
15
[SEC Counsel I.]
12
[SEC Counsel J.]
10
[SEC Counsel K.]
9
[SEC Counsel L.]
7

top judgesG4 · by case countsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

[Judge A.]
26
[Judge B.]
24
[Judge C.]
24
[Judge D.]
23
[Judge E.]
20
[Judge F.]
18
[Judge G.]
17
[Judge H.]
12
[Judge I.]
13
[Judge J.]
12
[Judge K.]
8
[Judge L.]
8

litigator fraud-type mixG5 · charge type × source — each type appears once per sourcesynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Unregistered Securities· SEC Litigation Releases
3,043
Pump-And-Dump· SEC Litigation Releases
2,392
Market Manipulation· SEC Litigation Releases
2,256
Insider Trading· SEC Litigation Releases
1,861
Ponzi / Pyramid· SEC Litigation Releases
1,839
Accounting Fraud· SEC Litigation Releases
1,352
Pump-And-Dump· SEC press releases
1,193
Crypto-Securities· SEC Litigation Releases
1,045
Unregistered Securities· SEC press releases
1,043
Fcpa / Bribery· SEC Litigation Releases
1,030
Market Manipulation· SEC press releases
863
Insider Trading· SEC press releases
629
Accounting Fraud· SEC press releases
546
Ponzi / Pyramid· SEC press releases
403
Fcpa / Bribery· SEC press releases
348
Crypto-Securities· SEC press releases
255
Unregistered Securities· DOJ Sdny
100
Insider Trading· DOJ Sdny
86

civil penalty distributionH5 · by size bucketsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

< $100K
37
$100K–$1M
109
$1M–$10M
155
$10M–$100M
95
$100M–$1B
39
> $1B
13

disgorgement distributionH6 · by size bucketsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

< $50K
62
$50K–$500K
95
$500K–$5M
115
$5M–$50M
73
$50M–$500M
29
> $500M
9

signal & anomaly benford's law · quality pulses · body-length distribution

benford leading digitI1 · observed vs expectedsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

1
2,659
2
1,398
3
1,076
4
808
5
688
6
621
7
521
8
433
9
402

benford deviation by yearI2 · chi-sq trendsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

summary quality pulseI3 · avg scoresynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

82.0%

OCR quality pulseI4 · avg scoresynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

74.0%

body length distributionI5 · by char bucketsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

<500
127
500–2K
1,123
2K–5K
2,137
5K–10K
1,228
10K–20K
311
20K–50K
74
>50K
18

filing calendar one cell per day · faceted by source · colour = log(count)

filings per dayall sourcessynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

scheme calendar one cell per day · faceted by scheme · colour = log(count)

schemes per dayall classified schemessynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

entity co-occurrence graph top-200 entities · edge = co-occurs in same doc (weight ≥ 2)

entity networkdrag nodes · hover for detail

loading…

scheme → outcome flow triples-derived scheme · plea / sentence / pending

scheme → outcomeSankey · Phase E will improve scheme labels

loading…

scheme dollar packing agency → scheme → case · size = monetary amount

scheme & amount packinghierarchy: source → scheme → case

loading…

cross-corpus: who is charged, and with whom awaiting data

cross-corpus networkred = fraud entity · blue = EDGAR matchsynthetic Warning: this panel shows synthetic placeholder data, not real enforcement figures.

Loading cross-corpus data...

top 10 classified schemesLLM taxonomy — all →

excludes 6,728 non-corporate (no corporate EDGAR footprint — a negative finding, not a scheme) and 1,147 unclassified, against 25,926 classified.

unregistered-securities 4,094
insider-trading 3,029
accounting-fraud 2,959
ponzi 2,746
investment-adviser-fraud 2,605
financial-fraud 1,765
market-manipulation 1,550
broker-dealer-fraud 1,271
pump-and-dump 1,225
corporate-fraud 608

all classified schemes24 schemes — residual buckets excluded

unregistered-securities 4,094
insider-trading 3,029
accounting-fraud 2,959
ponzi 2,746
investment-adviser-fraud 2,605
financial-fraud 1,765
market-manipulation 1,550
broker-dealer-fraud 1,271
pump-and-dump 1,225
corporate-fraud 608
public-corruption 596
fcpa 583
health-care-fraud 485
pre-ipo-fraud 442
crypto-securities 415
racketeering 390
cyber-fraud 262
affinity-fraud 239
advance-fee 211
obstruction 199
boiler-room 197
other 50
delinquent-filer 4
money-laundering 1

coverage summary extracted / documents — full table on architecture

Statute refs 59.8%
Court / jurisdiction 53.5%
Keywords 99.7%
Outcome 46.7%
Money classes 58.6%
Title formatted 99.7%
Title LLM 31.7%
Titles 2.3%
Scheme 95.6%
Scheme detail 91.3%
Link references 52.0%
Summary 0.2%
Refetch PDF 1.2%
Entities 32.9%
Mentions 33.0%
OCR recovery 0.1%
Sentences 1.0%
Dispositions 5.1%
Sanctions 10.4%
Case facts 3.2%
Case facts LLM 44.2%

corpus shape & case outcomes what the corpus is made of, and how the matters in it ended

case dispositionsJ2 · how matters endedfetching· 0 B

sources color legend

SEC Lit SEC PR DOJ SDNY
sqlite fts5 · doj-sdny + sec-pr + sec-litreleases read-only public corpus dollar bucket scan limited to 2000 most recent bodies
build 1d5f92c · 2026-08-25 · corpus snapshot pinned to this build