Self-Proclaimed “Man behind the Machine” Diverted ICO Proceeds to Gold Mining in South Africa January 6, 2022/US SEC The Securities and Exchange Commission today announced charges against Australian citizen Craig Sproule and two companies he founded, Crowd Machine, Inc. and Metavine, Inc., for making materially false and misleading statements in […]
Frauds & Scandals
SEC Awards Over $13 Million To Whistleblower
January 6, 2022/US SEC The Securities and Exchange Commission today announced an award of more than $13 million to a whistleblower whose information and assistance prompted the opening of an investigation and significantly contributed to the success of an SEC enforcement action. The whistleblower promptly alerted SEC staff to an […]
SEC Wins Judgment Against Georgia Individual Who Defrauded Investors in Real Estate Investment Scams
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, […]
