June 30, 2023/US SEC The Securities and Exchange Commission today charged Oregon residents Robert D. Christensen and Anthony M. Matic, as well as several companies they controlled, with conducting a multi-year Ponzi-like scheme and misleading investors who purchased more than $10 million in promissory notes. According to the SEC’s complaint, […]
Frauds & Scandals
SEC Charges Five Individuals in Penny Stock Fraud Scheme
June 30, 2023/US SEC The Securities and Exchange Commission filed today a complaint in U.S. District Court for the Northern District of Texas charging five individuals with a fraudulent scheme to sell millions of shares of Global Resource Energy, Inc. (OTC: GBEN), a Fort Worth-based microcap company. The defendants collectively […]
SEC Charges Former Dwac Board Member and Others for Insider Trading in Dwac Securities
June 30, 2023/US SEC On June 29, 2023, the Securities and Exchange Commission filed insider trading charges against Bruce Garelick, a former board member of Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC); Michael Shvartsman and his firm Rocket One Capital LLC; and Gerald Shvartsman for trading […]
