December 23, 2020/US SEC On December 23, 2020, the Securities and Exchange Commission filed a complaint against Ronnie Lee Moss, Jr. of Flower Mound, Texas, and Genesis E&P, Inc., Royal Oil, LLC, and Catalyst Operating, LCC, three companies Moss controlled, alleging they raised approximately $5.7 million by selling fraudulent oil-and-gas […]
Frauds & Scandals
SEC Awards Over $1.6 Million to Whistleblower
December 22, 2020/US SEC The Securities and Exchange Commission today announced an award of more than $1.6 million to a whistleblower whose tip significantly contributed to the success of an enforcement action. The whistleblower produced critical information about an ongoing fraudulent scheme and provided extensive assistance to the investigative staff, […]
SEC Charges Former IIG Consultant for Role in IIG’s Fraud
December 22, 2020/US SEC The Securities and Exchange Commission charged Charles Samel, a former consultant for former registered investment adviser International Investment Group LLC (IIG), for his role in an alleged fraud conducted by IIG to cover up tens of millions of dollars in investor losses on bad bets in […]
