July 22, 2021/US SEC The Securities and Exchange Commission announced that it filed an emergency action on July 19, 2021, unsealed today, and obtained a temporary restraining order and asset freeze to stop an alleged fraudulent offering of securities and misappropriation of investor assets by Outdoor Capital Partners, LLC and […]
Frauds & Scandals
SEC Charges Connecticut Man for Fraud in Hotel Renovation Investment
July 21, 2021/US SEC The Securities and Exchange Commission today charged Connecticut resident Rahulkumar M. Patel in connection with a fraudulent offer of securities related to a hotel renovation investment that was conducted through an online crowd funding site. According to the SEC’s complaint, Patel organized a Connecticut company, DNA […]
SEC Obtains Final Judgment for More Than $7 Million and Bars Former CEO and Board Chairman from the Securities Industry
July 21, 2021/US SEC On July 13, 2021, the United States District Court for the Southern District of New York entered consent judgments against Suneet Singal and his entities, First Capital Real Estate Investments, LLC and First Capital Real Estate Advisors LP, as well as against First Capital Real Estate […]
