September 11, 2020/US SEC The Securities and Exchange Commission today announced that the court-appointed receiver has begun the final distribution to investors in connection with the SEC’s action against defendants Paul Greenwood, Steven Walsh, and their affiliated WG Trading entities. Upon completion of this final distribution, over $1 billion will have […]
Frauds & Scandals
SEC Charges Film Producer, Rapper, and Others for Participation in Two Fraudulent ICOs
September 11, 2020/US SEC The Securities and Exchange Commission today announced charges against five Atlanta-based individuals, including film producer Ryan Felton, rapper and actor Clifford Harris, Jr., known as T.I. or Tip, and three others who each promoted one of Felton’s two unregistered and fraudulent initial coin offerings (ICOs). The […]
SEC Charges Washington Company and Owner with Defrauding Investors
September 9, 2020/US SEC The Securities and Exchange Commission today charged a Bellevue, Washington company and its principal with defrauding investors by making false and misleading statements about a failing real estate investment project. The SEC’s complaint alleges that, between September and December 2015, Kirk Sperry, by and through his […]
