June 11, 2021/US SEC he Securities and Exchange Commission today charged Wellness Matrix Group, Inc., a Nevada microcap company, and George Todt, a Wellness Matrix business consultant who controlled much of Wellness Matrix’s day-to-day activities, with making misrepresentations to investors regarding COVID-19 products that they marketed to consumers. The SEC […]
Frauds & Scandals
SEC Charges Dentist-Turned-Investment Adviser for Three Separate Frauds
June 11, 2021/US SEC The Securities and Exchange Commission charged Edgar M. Radjabli (Radjabli), of Boca Raton, Florida, and two entities he controlled, for engaging in three separate securities frauds of escalating size. The SEC’s complaint alleges that Radjabli, formerly a practicing dentist, and Apis Capital Management LLC (Apis Capital), […]
Fraudster Sentenced to More Than Five Years in Parallel Criminal Case
June 9, 2021/US SEC Edward E. Matthes, who was charged by the SEC in January 2020 with defrauding his mostly elderly retail brokerage customers and investment advisory clients, has been sentenced in a parallel criminal case to 63 months in prison and ordered to pay restitution to his victims of […]
