January 3, 2023/US SEC On January 3, 2023, the United States District Court for the Southern District of New York entered a final consent judgment against defendant Melville Peter ten Cate, whom the SEC previously charged with fraud for orchestrating a phony offer to purchase a major U.S. aircraft, defense, […]
Frauds & Scandals
SEC Charges Former SPAC CFO for Orchestrating $5 Million Fraud Scheme
January 3, 2023/US SEC The Securities and Exchange Commission today announced fraud charges against Cooper J. Morgenthau, the former CFO of African Gold Acquisition Corp., a SPAC or special purpose acquisition company, for orchestrating a scheme in which he stole more than $5 million from the company and from investors […]
SEC Obtains Final Judgment Against Arizona Man for Defrauding Elderly Investors
December 27, 2022/US SEC On December 16, 2022, the U.S. District Court for the District of Arizona entered final judgment by default against Conrad Coggeshall in a previously-filed SEC case that alleged Coggeshall fraudulently raised $700,000 from elderly investors. According to the complaint, Coggeshall told investors they were investing in […]
