March 12, 2021/US SEC On March 11, 2021, the Securities and Exchange Commission charged Texas-based investment adviser APEG Energy, GP (APEG) and its owners, Patrick E. Duke and Paul W. Haarman, with fraudulently raising more than $17 million for an oil-and-gas investment fund they managed, and Duke and Haarman with […]
Frauds & Scandals
SEC Halts Alleged Ongoing Offering Fraud Involving Digital Asset Trading Fund
March 11, 2021/US SEC The Securities and Exchange Commission announced today that it filed an emergency action and obtained a temporary restraining order and asset freeze against Shawn C. Cutting of Sandpoint, Idaho, for allegedly raising millions of dollars from hundreds of investors by falsely claiming to be a financial […]
SEC Charges Unregistered Investment Adviser with Defrauding Investors in Decade-Long Scheme
March 10, 2021/US SEC The Securities and Exchange Commission today charged George Heckler, of Charleston, South Carolina, for operating a decade-long investment adviser fraud through two private hedge funds, Cassatt Short Term Trading Fund LP (Cassatt) and CV Special Opportunity Fund LP (CV Special), that Heckler formed to conceal massive […]
