7/9/2018/US SEC The Securities and Exchange Commission today charged a group of ten individuals and ten associated entities for their participation in long-running fraudulent schemes that generated over $27 million from unlawful stock sales and caused significant harm to retail investors who were left holding virtually worthless stock. According to […]
Frauds & Scandals
Attorney in SEC Enforcement Action Indicted for Penny Stock Fraud
7/9/2018/US SEC An attorney charged with penny stock fraud by the Securities and Exchange Commission earlier this year has now been indicted. The U.S. Attorney’s Office for the Eastern District of New York announced the criminal charges today. The SEC’s complaint against Christopher K. Davies, filed April 18, alleges that […]
SEC Charges Microcap Fraudsters for Roles in Lucrative Market Manipulation Schemes
7/9/2018/US SEC The Securities and Exchange Commission today charged a group of 10 individuals and 10 associated entities for their participation in long-running fraudulent schemes that generated over $27 million from unlawful stock sales and caused significant harm to retail investors who were left holding virtually worthless stock. According to […]
