August 3, 2018/US SEC The Securities and Exchange Commission has obtained a final judgment against the research scientist who, according to the SEC, searched the internet for tips on avoiding the SEC’s detection before placing one of his illegal trades and made approximately $120,000 through insider trading. In its complaint, […]
Frauds & Scandals
SEC Charges South Florida Individuals and Entities in Eb-5 Investment Scheme
August 3, 2018/US SEC On August 3, 2018, the Securities and Exchange Commission charged two Florida residents in a securities offering fraud targeting immigrant investors. According to the SEC’s complaint, over a period of more than two years, Joseph J. Walsh and Robert V. Matthews defrauded dozens of foreign investors […]
SEC Obtains Preliminary Injunction Against Defendants Charged with Engaging in a Scam Involving Purported High-Tech Products
August 3, 2018/US SEC The Securities and Exchange Commission has obtained a preliminary injunction and continued asset freeze against Marianne Veronika Sandor, her husband Edward Michael Porrazzo, their company, Moddha Interactive, Inc., and Spar Street, who was an unregistered sales agent of Moddha Interactive. The SEC charged Sandor, Porrazzo, and […]