June 23, 2021/US SEC The Securities and Exchange Commission today charged a New Jersey resident with defrauding investors and misappropriating proceeds from two securities offerings. The SEC’s complaint, filed in the U.S. District Court for the District of New Jersey, alleges that Joseph Geromini, while he was the Chief Operating […]
Frauds & Scandals
SEC Charges Investment Advisers with Cherry Picking, Obtains Asset Freeze
June 23, 2021/US SEC The Securities and Exchange Commission has obtained an asset freeze and other emergency relief, and filed fraud charges, against a Miami, Florida investment professional and two investment firms for engaging in an alleged “cherry picking” scheme in which they channeled millions of dollars in trading profits […]
MBA Capital and Trading Limited Not Registered with SEC
June 23, 2021/SEC Nigeria The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to a publication in one of the National Daily Newspapers, in which a victim of an alleged scam perpetrated by MBA Capital and Trading Limited, Misan Sagay reportedly stated that he had verified […]
