August 20, 2021/US SEC On August 18, 2021, Marcus Boggs, whom the SEC charged in August 2019 with stealing more than $1.7 million from at least three of his investment advisory clients, was sentenced in a parallel criminal case to 42 months in prison. The criminal charges against Boggs stem, […]
Frauds & Scandals
SEC Charges Technology Company and Two Individuals with Fraud
August 19, 2021/US SEC The Securities and Exchange Commission today charged Medsis International, Inc., a data software and financial technology company, Joshua Dax Cabrera, Medsis’s CEO, and Paul Hess, an individual who raised investor funds for Medsis, with fraud and conducting an unregistered securities offering. According to the SEC’s complaint, […]
SEC Obtains Judgments Against Bitconnect Promoters Michael Noble and Joshua Jeppesen and a Relief Defendant
August 19, 2021/US SEC On August 13, 2021, the United States District Court for the Southern District of New York entered a judgment against Michael Noble (a.k.a. Michael Crypto) and a final judgment against Joshua Jeppesen for their involvement with BitConnect and the promotion of its “lending program.” The court also […]
