February 4, 2021/US SEC The Securities and Exchange Commission today charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion from securities issued by a New York-based asset management firm and registered investment adviser, GPB Capital. The SEC also charged GPB Capital with […]
Frauds & Scandals
Premier Holding Corp. and Its CEO Ordered to Pay More Than $10 Million for Securities Fraud
February 2, 2021/US SEC On January 20, 2021, United States District Judge Cormac J. Carney of the Central District of California entered final judgments against microcap issuer Premier Holding Corp. and its CEO, Randall Letcavage, in connection with a fraudulent scheme to mislead Premier’s investors about the company’s financial health. […]
SEC Charges Three Individuals in Digital Asset Frauds
February 2, 2021/US SEC The Securities and Exchange Commission today charged three individuals with defrauding hundreds of retail investors out of more than $11 million through two fraudulent and unregistered digital asset securities offerings. According to the SEC’s complaint, filed in U.S. District Court for the Eastern District of New […]
