Defendant, who was arrested and jailed in a federal prison in Puerto Rico, is awaiting transport to NYC on parallel criminal charges January 20, 2023/US SEC The Securities and Exchange Commission today charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the […]
Frauds & Scandals
SEC Charges Two Former Brokers for Recommending Frequent-Trading Strategies Without a Reasonable Basis
January 20, 2023/US SEC On January 12, 2023, the Securities and Exchange Commission charged two former New York-based brokers with making unsuitable recommendations that resulted in substantial losses to customers and hefty commissions for the brokers. One of the brokers agreed to pay more than $324,000 to settle the charges. […]
SEC Obtains Final Judgment Against Former Head of Investment Banking At Defunct Broker-Dealer
January 20, 2023/US SEC On January 20, 2023, the United States District Court for the Southern District of New York entered a final consent judgment against Abraham “Avi” Mirman, the former head of investment banking at now-defunct New York broker-dealer John Thomas Financial, Inc. (JTF). The SEC charged Mirman and […]
