Promoter Brenda Chunga (aka Bitcoin Beautee) agrees to settle fraud and unregistered offering charges January 29, 2024/US SEC The Securities and Exchange Commission today charged Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement in a fraudulent crypto asset pyramid scheme known as HyperFund that […]
Frauds & Scandals
SEC Charges Northern Star SPAC for Material Misrepresentations in its IPO-Related Disclosures
January 25, 2024/US SEC The Securities and Exchange Commission today announced that Northern Star Investment Corp. II, a special purpose acquisition company (SPAC), agreed to settle charges that it made misleading statements in forms filed with the SEC as part of its January 2021 initial public offering (IPO). According to […]
SEC Charges Financial Advisor with Fraud for Stealing from Account Holders to Pay Personal Expenses
January 25, 2024/US SEC The Securities and Exchange Commission yesterday charged Jesus Rodriguez, a former financial advisor, with fraud for misappropriating more than $3.475 million from ten brokerage account holders and advisory clients. The SEC’s complaint alleges that from 2014 to 2021, while employed as a registered representative and investment […]
