February 10, 2021/US SEC On February 1, 2021, Judge Denise L. Cote of the U.S. District Court for the Southern District of New York entered a partial judgment against David Hu, the co-founder and chief investment officer of International Investment Group (IIG), a formerly registered investment adviser, enjoining Hu from […]
Frauds & Scandals
SEC Charges Former Minneapolis-Area Investment Adviser with Fraud for Misappropriating Client Funds
February 9, 2021/US SEC The Securities and Exchange Commission charged former Minneapolis-area investment adviser Isaiah L. Goodman for allegedly defrauding his advisory clients out of approximately $2.25 million. According to the SEC’s complaint, from at least September 2018 to November 2020, Goodman, doing business through Becoming Financial Advisory Services, LLC, […]
SEC Obtains Default Judgments Against San Diego Broker and Colorado Trust in Fraudulent Offering Scheme
February 9, 2021/US SEC The U.S. District Court for the District of Colorado has entered final default judgments against defendant Seth A. Leyton and relief defendant Coddington Family Trust in connection with a prime bank scheme orchestrated by Daniel Dirk Coddington. The SEC’s complaint filed on December 12, 2013, alleged […]
