May 10, 2023/US SEC The Securities and Exchange Commission today charged Brentwood, Tennessee resident Clayton R. Thomas and the now defunct entity he controlled, Personalized Healthcare Solution, LLC, with selling fraudulent promissory notes and misappropriating investor funds. The SEC’s complaint, filed in the United States District Court for the Middle […]
Frauds & Scandals
SEC Charges Investment Adviser and Fund Trustees with Liquidity Rule Violations
May 9, 2023/US SEC The Securities and Exchange Commission on Friday, May 5, 2023, charged investment adviser Pinnacle Advisors LLC for aiding and abetting Liquidity Rule violations by a mutual fund it advised and whose Liquidity Risk Management Program it administered. The SEC also charged the fund’s two independent trustees, […]
AfDB debars Goldsun Investments Company Limited for 24 months for Fraudulent Practices
During the debarment period, Goldsun Investments Company Ltd. will be ineligible to participate in Bank Group-financed operations and activities May 9, 2023/AfDB The African Development Bank Group, on 9 May 2023, announces a 24-month debarment of Goldsun Investments Company Ltd. with effect from 31 January 2023. Goldsun Investments Company Ltd. […]
