November 18, 2021/US SEC The Securities and Exchange Commission today announced that it charged Ryan Ginster of Corona, California with conducting two unregistered and fraudulent securities offerings that raised over $3.6 million in cryptocurrency from retail investors. The SEC’s complaint alleges that, from 2018 to 2021, Ginster raised approximately $3.6 […]
Frauds & Scandals
SEC Charges Additional Investment Adviser in Cherry Picking Scheme
November 16, 2021/US SEC The Securities and Exchange Commission filed charges against Lina Maria Garcia of Miami-based UCB Financial Advisers, Inc. for her role in a multi-year “cherry picking” scheme in which millions of dollars were allegedly channeled to the accounts of preferred clients. The SEC previously announced related charges against UCB […]
SEC Obtains Judgment Against Former Corporate Controller for Tipping Brother-In-Law Ahead of Merger Announcement
November 15, 2021/US SEC On October 18, 2021, the U.S. District Court for the Eastern District of Virginia entered a final consent judgment against William D. Wright of Arlington, VA, the former Corporate Controller of CEB Inc., whom the SEC had charged with insider trading. The SEC’s complaint, filed on […]
