April 19, 2022/US SEC The Securities and Exchange Commission announced charges against Domenic Calabrigo, a resident of the Bahamas, Curtis (Curt) Lehner and Courtney Vasseur, residents of Canada, and Hasan Sario, a resident of Turkey, for engaging in multiple fraudulent schemes to “pump and dump” thinly-traded microcap issuers. The SEC […]
Frauds & Scandals
SEC Charges North Carolina Broker and Investment Adviser with Operating a Multi-Million Dollar Ponzi Scheme
April 19, 2022/US SEC On April 18, 2022, the Securities and Exchange Commission filed an emergency action and charged Wilmington, North Carolina-based broker and investment adviser Shawn Good with defrauding clients and misappropriating millions of dollars of investor funds. According to the SEC’s complaint, filed in the United States District […]
SEC Uncovers $194 Million Penny Stock Schemes that Spanned Three Continents
16 defendants charged in international ‘pump and dump’ plots April 18, 2022/US SEC The Securities and Exchange Commission today announced charges against 16 defendants, located in the Bahamas, the British Virgin Islands, Bulgaria, Canada, the Cayman Islands, Monaco, Spain, Turkey, and the United Kingdom, for participating in multi-year fraudulent penny […]
