Defendants allegedly used funds from deceased beneficiaries’ accounts on golf tournaments and beach parties May 3, 2022/US SEC The Securities and Exchange Commission today announced fraud charges against Synergy Settlement Services, Inc., CEO Jason D. Lazarus, Esq., both based in Orlando, FL, and President Anthony F. Prieto, Jr. of Tampa, […]
Frauds & Scandals
SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit
May 3, 2022/US SEC The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly known as the Cyber Unit) in the Division of Enforcement […]
SEC Alleges Fraud in Digital Asset Securities Offerings
April 29, 2022/US SEC The Securities and Exchange Commission charged Steven Chiang a/k/a Cyrus Kong, Eric Tippetts, James Hardy, and Maurice “Butch” Chelliah for their roles in raising over $10 million through two fraudulent and unregistered digital asset securities offerings. The SEC alleges that in December 2017, Chiang launched NASGO, […]
