16/11/2018/US SEC The Securities and Exchange Commission announced today the entry of a final judgment against Cornelius Peterson, a former investment adviser at a large financial institution who was charged with misappropriating client funds. On January 31, 2018, the Commission filed a complaint in the United States District Court for […]
Frauds & Scandals
SEC Charges Giga Entertainment Media, Former Officers and Directors with Fraud in Pay-For-Download Campaign
November 17, 2018/US SEC The Securities and Exchange Commission yesterday charged Giga Entertainment Media Inc. and five of its former officers and directors-Gary Nerlinger, Jarret Streiner, Lawrence Silver, Alfred Colucci, and Charles Noska-with fraud in connection with a scheme to mislead investors. According to the SEC’s complaint, between February and […]
SEC Charges Utah Man with Defrauding Investors in a Large-Scale Silver Investment Scheme
16/11/2018/US SEC The Securities and Exchange Commission today announced charges against a Utah-based company and its principal in an ongoing investment scheme that has defrauded hundreds of investors in several states. The SEC alleges that Gaylen D. Rust and his company Rust Rare Coin, Inc. (RRC) are engaged in an […]
