April 20, 2021/US SEC On April 19, 2021, the U.S. District Court for the District of Connecticut entered a judgment against unregistered investment adviser Hai Khoa Dang for defrauding a retired couple who had been his advisory clients for 20 years. According to the SEC’s complaint, filed on September 10, […]
Frauds & Scandals
SEC Obtains Final Judgments Against Three Defendants in International Microcap Manipulation Scheme
April 19, 2021/US SEC On April 16, 2021, the U.S. District Court for the District of Massachusetts entered final judgments against three defendants in a previously-filed SEC enforcement action alleging a scheme to profit from the manipulation and illegal sale of stock of two publicly traded companies. According to the […]
SEC Charges Binary Options Trading Platform and Two Top Executives with Fraud
April 19, 2021/US SEC On Friday, April 16, 2021, the Securities and Exchange Commission charged Israeli-based Spot Tech House Ltd., formerly known as Spot Option Ltd., and two of its former top executives, Malhaz Pinhas Patarkazishvili (also known as Pini Peter) and Ran Amiran, with deceiving U.S. investors out of more than […]
