June 21, 2021/US SEC The Securities and Exchange Commission today announced that it has filed an emergency action charging an offshore fund and two individuals with engaging in a fraudulent scheme, and obtained an asset freeze to safeguard remaining investor funds at risk of immediate dissipation. The SEC’s complaint alleges […]
Frauds & Scandals
SEC Charges Minnesota Man with Running a Pump-And-Dump Scheme
June 21, 2021/US SEC The Securities and Exchange Commission filed a litigated action charging Mark A. Miller, a resident of Pequot Lakes, Minnesota, with defrauding retail investors through a pump-and-dump scheme. According to the SEC’s complaint, Miller hijacked or controlled at least seven defunct public issuers between September 2017 and […]
SEC Issues Whistleblower Awards Totaling Nearly $5.3 Million
June 21, 2021/US SEC The Securities and Exchange Commission today announced awards of nearly $5.3 million to whistleblowers who provided information and assistance in separate enforcement proceedings. In the first order, the SEC awarded a whistleblower nearly $4 million for providing information that caused the SEC to open an investigation […]
