September 2, 2021/US SEC The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme perpetrated by Shakopee, Minnesota residents Jason Dodd Bullard and Angela Romero-Bullard and the entity they control, Bullard […]
Frauds & Scandals
SEC Charges Seven Individuals in Orange County-Based Offering Frauds
September 1, 2021/US SEC The Securities and Exchange Commission announced charges against Tustin, California-based airplane parts manufacturer Elite Aerospace Group, Inc. and seven individuals for their participation in two fraudulent securities offerings that raised a total of $70 million. The SEC’s complaint, filed in the U.S. District Court for the […]
SEC Charges Global Crypto Lending Platform and Top Executives in $2 Billion Fraud
September 1, 2021/US SEC The Securities and Exchange Commission announced today that it has filed an action against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company, alleging that they defrauded retail investors out of $2 billion through a global […]
