September 28, 2022/US SEC The Securities and Exchange Commission announced charges against Charles Parrino for his role in a market manipulation scheme in which he and several other individuals created false rumors about public companies in order to profitably trade around the temporary price increases caused by the publication of […]
Frauds & Scandals
SEC Charges Purported Underwriter for His Role in Alleged Ponzi Scheme
September 27, 2022/U SEC The Securities and Exchange Commission today charged Christian J. Gonzalez, a purported loan underwriter for MJ Capital Funding, LLC, for his role in an alleged $196 million fraud perpetrated by the company. The SEC previously charged MJ Capital and an affiliated company, MJ Taxes and More, […]
SEC Charges Father-Son Duo and Associate in Market Manipulation Schemes Resulting in a New Jersey Deli with a $100 Million Valuation
September 27, 2022/US SEC The Securities and Exchange Commission yesterday charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli […]
