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 […]
Frauds & Scandals
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 […]
SEC Obtains Final Judgments Against Crowdfunding Issuer CEO and Registered Funding Portal and Its CEO
January 3, 2021/US SEC The Securities and Exchange Commission announced today the entry of final judgments against Nicole Birch, former CEO of crowdfunding issuer, Transatlantic Real Estate, LLC, SEC-registered crowdfunding portal, TruCrowd, Inc., and its CEO, Vincent Petrescu. The SEC’s complaint, filed on September 20, 2021 in the United States District […]
