November 1, 2021/US SEC The Securities and Exchange Commission today filed an amended complaint charging Saeid Jaberian, a resident of Hopkins, Minnesota, and Christopher J. Rajkaran, a resident of Woodhaven, New York, with defrauding retail investors through a pump-and-dump scheme along with previously charged defendant Mark A. Miller. According to […]
Frauds & Scandals
SEC Charges Financial Adviser with Stealing Investor Funds to Pay Off Credit Cards, Buy Gold Coins
November 1, 2021/US SEC On October 28, 2021, the U.S. Securities and Exchange Commission charged a former New Jersey broker and investment adviser representative with stealing nearly $3 million from his advisory clients and brokerage customers, which he used to buy gold coins and other precious metals, and funneled to […]
SEC Charges Newport Beach Company and Its Principals with Operating a $13.5 Million Ponzi-Like Scheme
October 29, 2021/US SEC The Securities and Exchange Commission today announced that it has charged BNZ, a Newport Beach, California-based company, and its co-founders and co-managers Brett Barber and Louis Zimmerle, for fraudulently raising $13.5 million from more than 100 retail investors. According to the SEC’s complaint, filed on October […]
