January 24, 2022/US SEC On January 24, 2022, the U.S. District Court for the Eastern District of Michigan entered a Final Judgment against Viktor Gjonaj, whom the SEC previously charged for allegedly defrauding members of the Albanian-American community out of approximately $26.4 million, some of which he spent playing the […]
Frauds & Scandals
SEC Issues Awards Totaling More Than $40 Million to Four Whistleblowers
January 22, 2022/US SEC The Securities and Exchange Commission today announced three awards totaling more than $40 million to four whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued an award of approximately $37 million to two joint whistleblowers who provided […]
SEC Charges Two in Penny Stock Fraud Scheme
January 19, 2022/US SEC The Securities and Exchange Commission today charged securities fraud recidivist Phillip W. Offill, Jr. and Justin W. Herman with misappropriating and selling millions of shares of a penny stock company using forged documents and sham transactions. The SEC’s complaint alleges that, within months of being released […]
