July 2, 2021/US SEC The Securities and Exchange Commission today announced fraud charges against Sean Wygovsky, a trader at a major Canada-based asset management firm, in connection with a long-running and lucrative front-running scheme that Wygovsky perpetrated in the accounts of his close family members, netting more than $3.6 million […]
Frauds & Scandals
SEC Obtains Judgment Against Swedish National Charged with Defrauding Thousands of Investors
July 2, 2021/US SEC On June 30, 2021, the U.S. District Court for the Eastern District of New York entered a consent judgment against Roger Nils-Jonas Karlsson, a Swedish national, whom the Securities and Exchange Commission had charged with conducting a multi-million dollar online offering fraud that victimized thousands of […]
SEC Charges Securities Fraud Recidivist and Others with Defrauding Investors
July 2, 2021/US SEC The SEC today charged two individuals, as well as Wyoming-based entities Biosynetics and Biosynetics Management (collectively, “Biosynetics”), with conducting fraudulent and unregistered offerings. According to the SEC’s complaint, from January 2018 until the present, Ben Schachtschneider and securities fraud recidivist Lambert Vander Tuig defrauded investors by […]
