November 4, 2022/US SEC On October 31, 2022, Judge Ricardo S. Martinez of the U.S. District Court for the Western District of Washington entered a consent judgment against David Ferraro for his role in an alleged microcap stock promotion scheme that generated approximately $792,000 in trading profits for Ferraro and […]
Frauds & Scandals
SEC Charges Creator of Global Crypto Ponzi Scheme and Three US Promoters in Connection with $295 Million Fraud
Trade Coin Club raised money from more than 100,000 investors worldwide November 4, 2022/US SEC The Securities and Exchange Commission today announced charges against Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club, a fraudulent crypto Ponzi scheme that raised more […]
SEC Charges Promoter for Role in Fictitious Crypto Trading Program
November 3, 2022/US SEC The Securities and Exchange Commission announced today that it filed charges against Jeremy K. Rounsville, a resident of Hunt County, Texas, for his role in offering and promoting a fictitious trading program marketed under the name of Arbitraging.co. The SEC’s complaint charges Rounsville with violating certain […]
