April 8, 2021/US Federal Reserve The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Consent prohibition against Blake King Former employee of Farmers Bank of Northern Missouri, Unionville, Missouri Misappropriation of customer funds The Missouri Bank, Warrenton, Missouri Flood insurance violations, civil money penalty […]
Frauds & Scandals
SEC Obtains Emergency Asset Freeze, Charges Actor with Operating a $690 Million Ponzi Scheme
April 8, 2021/US SEC The Securities and Exchange Commission today announced that it obtained an asset freeze and other emergency relief in an emergency enforcement action against Los Angeles-based actor Zachary Horwitz and his company, 1inMM (“one in a million”) Capital, LLC in connection with an alleged Ponzi scheme that […]
SEC Obtains Final Judgment Concluding Fraud Case Against Co-Founder of Real Estate Crowdfunding Portal
April 8, 2021/US SEC On March 26, 2021, the U.S. District Court for the Southern District of New York entered a final judgment against former New York resident William C. Skelley, the co-founder of a real estate crowdfunding portal. The SEC’s complaint, filed on September 26, 2018 in the Southern […]
