July 31, 2023/US SEC The Securities and Exchange Commission today charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he controls, Hex, PulseChain, and PulseX, with conducting unregistered offerings of crypto asset securities that raised more than $1 billion in crypto assets from investors. The SEC also charged […]
Frauds & Scandals
SEC Charges New York Registered Representative with Fraud
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 […]
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 […]
