December 13, 2018/US SEC The Securities and Exchange Commission today announced that three Houston-area developers have agreed to settle charges that they misused investor funds raised from 90 Chinese investors under the EB-5 Immigrant Investor Program on unrelated projects. The three developers – America Modern Green Senior (Houston) LLC, America […]
Frauds & Scandals
SEC Charges The Hain Celestial Group with Internal Controls Failures
December 11, 2018/US SEC The Securities and Exchange Commission today announced settled charges against a natural and organic food company stemming from weaknesses in the company’s internal controls related to end-of-quarter sales practices that were designed to help the company meet its internal sales targets. Based upon its extensive cooperation […]
SEC Charges Individuals with Defrauding Investors in Connection with an Unregistered Binary Options Business
December 11, 2018/US SEC The Securities and Exchange Commission today announced charges against an Ohio resident and his Pennsylvania business partner in connection with an unregistered and fraudulent binary options business. According to the SEC’s complaint, Jared Jeffrey Davis and various shell companies controlled by Davis and his business partner, […]
