April 29, 2019/US SEC The Securities and Exchange Commission today charged a New York City man with continuing a previously charged scheme, stealing millions of dollars from investors who were allegedly falsely promised their funds would be used for the purchase and resale of tickets to Broadway shows and a […]
Frauds & Scandals
SEC Charges San Diego-Based Investment Adviser with Running a Ponzi Scheme
April 26, 2019/US SEC On April 26, 2019, the Securities and Exchange Commission charged Christopher D. Dougherty and several entities he controlled, with operating a Ponzi scheme that defrauded his investment advisory clients out of $7 million. The San Diego District Attorney’s Office separately announced criminal charges related to the […]
Former Broker Ordered to Pay Disgorgement and Penalties
April 25, 2019/US SEC On April 18, 2019, the United States District Court for the Southern District of New York, ordered a former broker, Zachary S. Berkey, to pay $106,000 in disgorgement, plus prejudgment interest, and $71,000 in civil penalties. The SEC charged Berkey on December 6, 2017, alleging that, […]
