January 6, 2022/US SEC On November 8, 2021, a federal court entered a final judgment against Russell Craig of Union City, Georgia, and his company, OneStep Financial Services, LLC, for orchestrating real estate investment schemes that defrauded investors out of over $1.3 million. According to the SEC’s complaint filed on September 28, […]
Frauds & Scandals
SEC Charges Additional Defendant in Phony Certificates of Deposit Scam
January 5, 2022/US SEC The Securities and Exchange Commission today charged Allen C. Giltman, a former registered investment professional, with allegedly participating in a long-running fraudulent scheme to lure investors into buying fictitious certificates of deposit (CDs). The scheme resulted in victims, primarily older adults investing their retirement savings, losing […]
SEC Charges Charlotte, North Carolina Investment Adviser and Its President for Not Providing Records to Examiners
January 4, 2021/US SEC The Securities and Exchange Commission today announced charges against Bóveda Asset Management, Inc. and its President and sole owner, George Kenneth Witherspoon, Jr. of Charlotte, North Carolina, for failing to provide required books and records during a Commission examination and for other violations of the federal […]
