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 […]
Frauds & Scandals
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 […]
SEC Obtains Final Judgment Against Financial Advisor Who Misappropriated Over $6 Million from Elderly and Other Investors
July 2, 201/US SEC On June 30, 2021, the U.S. District Court for the District of Maryland entered a final consent judgment against Michael B. Carter, whom the SEC previously charged with securities fraud and investment adviser fraud for having misappropriated customer and client funds. According to the SEC’s complaint, […]
