April 28, 2020/US SEC The Securities and Exchange Commission today announced charges against Praxsyn Corp. and its CEO for allegedly issuing false and misleading press releases claiming the company was able to acquire and supply large quantities of N95 or similar masks to protect wearers from the COVID-19 virus. The […]
Frauds & Scandals
SEC Charges Two California Charter School Officials with Misleading Investors in Bond Offering
April 27, 2020/US SEC The Securities and Exchange Commission today charged William Batchelor and John Zukoski with misleading investors who purchased $25.54 million in bonds issued on behalf of Tri-Valley Learning Corporation, which operated two public charter schools. According to the SEC’s complaint, in May 2015, Batchelor, Tri-Valley’s then Chief […]
SEC Charges Founders and Issuer for Conducting Fraudulent and Unregistered Ico
April 24, 2020/US SEC The Securities and Exchange Commission today charged Dropil, Inc. and its three California-based founders, Jeremy McAlpine, Zachary Matar, and Patrick O’Hara, with defrauding investors in a fraudulent and unregistered initial coin offering (ICO) that raised more than $1.8 million from thousands of investors. According to the […]
