May 29, 2019/US SEC On May 22, 2019, the Securities and Exchange Commission charged Fallcatcher, a purported biometric device and software startup company, and its founder, Henry Ford, with defrauding over fifty investors in the Philadelphia area of at least $5 million. The SEC secured an emergency asset freeze to […]

May 28, 2019/US SEC The Securities and Exchange Commission today charged investment adviser Stephen Brandon Anderson with defrauding clients by overcharging advisory fees of at least $367,000. According to the SEC’s order, Anderson owned and operated River Source Wealth Management, LLC, a now-defunct registered investment adviser in North Carolina.  River […]

May 24, 2019/US SEC The Securities and Exchange Commission announced fraud charges against recidivist David Sims, his partner, Mario Procopio, and three companies they controlled for defrauding investors in a “prime bank” scheme. The SEC also charged their lawyer, Ralph Craig Greaves, with aiding and abetting their scheme. According to […]