June 24, 2020/US SEC The Securities and Exchange Commission announced today that it has obtained a final judgment by consent against Pennsylvania attorney Todd H. Lahr for orchestrating a $1.4 million Ponzi scheme that defrauded at least 10 retail investors, including his own law clients. The SEC’s complaint, filed on […]
Frauds & Scandals
SEC Awards $125,000 to Whistleblower
June 23, 2020/US SEC The Securities and Exchange Commission today announced an award of about $125,000 to a whistleblower whose information and assistance helped both the SEC and another agency bring successful actions against the perpetrator of a fraudulent securities offering. “The whistleblower’s tip helped stop a fraudulent scheme that […]
Defendant Charged in Fraudulent Ico Ordered to Pay $450,000
June 23, 2020/US SEC The Securities and Exchange Commission announced that it has obtained a final judgment in a district court action against Eran Eyal, the founder and former chief executive officer of UnitedData, Inc. d/b/a/ Shopin, for conducting an allegedly fraudulent ICO. According to the SEC’s complaint, filed December […]
