April 29, 2025/US SEC The Securities and Exchange Commission today announced charges against Dallas-Fort Worth residents Kenneth W. Alexander II, Robert D. Welsh, and Caedrynn E. Conner for operating a Ponzi scheme that raised at least $91 million from more than 200 investors. According to the SEC’s complaint, between approximately […]
Frauds & Scandals
Statement on Jury’s Verdict in Trial of Cutter Financial Group LLC and Jeffrey Cutter
April 24, 2025/US SEC By Samuel Waldon, Acting Director, Division of Enforcement Yesterday, after a seven day trial and just over 5 hours of deliberation, a jury in the U.S. District Court for the District of Massachusetts found investment adviser Jeffrey Cutter and his advisory firm, Cutter Financial Group, LLC, […]
SEC Awards $6 Million to Joint Whistleblowers
April 21, 2025/US SEC The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in the covered action. “Today’s award illustrates that […]
