December 14, 2023/US SEC The Securities and Exchange Commission today announced that it obtained a temporary restraining order, asset freeze, the appointment of a receiver, and other emergency relief to halt an ongoing $191 million cattle Ponzi scheme being perpetrated by Fort Worth, Texas company Agridime LLC, which claims to specialize […]
Frauds & Scandals
SEC Charges Titanium Capital and Founder Henry Abdo with Operating Ponzi Scheme
December 14, 2023/US SEC The Securities and Exchange Commission today charged Florida-based Titanium Capital LLC and its founder Henry Abdo with operating a Ponzi scheme that raised at least $5.3 million from more than 160 retail investors in the United States and abroad. The SEC also charged Titanium representative Carol […]
SEC Charges Investment Adviser for Misappropriation of Investor Money
December 14, 2023/US SEC The Securities and Exchange Commission today charged Justin Murphy, a former resident of Greenwich, Connecticut, and his investment management firm Mara Investments, LLC, for fraudulentmisappropriation of approximatley $3.4 million of investor assets. According to the SEC’s complaint, Justin Murphy induced multiple individuals to invest approximately $6.6 […]
