April 22, 2025/US SEC The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investor funds. According to the SEC’s complaint, Palafox’s company, known as PGI Global, claimed to be […]
Frauds & Scandals
SEC’s Anti-Fraud Public Service Campaign Warns Investors About Relationship Investment Scams
April 16, 2025/US SEC The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled its anti-fraud public service campaign, which warns investors about the devastating impact relationship investment scams can have on their financial future. Relationship investment scams typically involve a “long con” in which scammers […]
SEC Charges Three Arizona Individuals with Defrauding Investors in $284 Million Municipal Bond Offering That Financed Sports Complex
April 3, 2025/US SEC On April 1, 2025, the Securities and Exchange Commission charged Randall “Randy” Miller, Chad Miller, and Jeffrey De Laveaga with creating false documents that were provided to investors in two municipal bond offerings that raised $284 million to build one of the largest sports venues of […]
