July 28, 2023/US SEC The Securities and Exchange Commission today announced charges against Clarice Saw, a former registered representative at a New York broker-dealer, for allegedly defrauding a customer of approximately $2.4 million. The SEC’s complaint alleges that between December 2021 and March 2022, while Saw was associated with a […]
Frauds & Scandals
SEC Charges Florida Resident with Operating $35 Million Ponzi Scheme that Targeted Church Members
July 27, 2023/US SEC The Securities and Exchange Commission today charged Brent Seaman of Naples, Florida, and various entities he managed for fraudulently raising approximately $35 million from at least 60 investors through an unregistered securities offering. Many of these investors were elderly, retired, and connected to a Naples church […]
SEC Charges Investor Joseph C. Lewis and Associates with Insider Trading
July 26, 2023/US SEC The Securities and Exchange Commission today charged investor Joseph C. Lewis for illegally tipping material nonpublic information to his then-girlfriend, Carolyn W. Carter, as well as his two private pilots, Patrick J. O’Connor and Bryan L. Waugh, so that each would use this information to execute […]
