Firm also misled investors about its redemption practices September 3, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Florida-based Galois Capital Management LLC, a former registered investment adviser for a private fund that primarily invested in crypto assets, for failing to comply with requirements related to […]
Frauds & Scandals
SEC Charges Investment Adviser with Making Misrepresentations in Form Filed with the Agency
August 30, 2024/US SEC The Securities and Exchange Commission today announced charges against purported investment adviser Wisdom Capital Management Group Ltd. (“Wisdom”) for making material misrepresentations and unsubstantiated statements in a form filed with the SEC regarding Wisdom’s organization, office location, assets under management, and clients. The SEC’s complaint, filed […]
SEC Charges Brothers Jonathan and Tanner Adam with $60 Million Ponzi Scheme and Obtains Emergency Relief
August 30, 2024/US SEC The Securities and Exchange Commission announced that it obtained an emergency asset freeze against Jonathan Adam and Tanner Adam, and their two respective entities GCZ Global LLC and Triten Financial Group LLC, to halt a $60 million Ponzi scheme impacting more than 80 investors across the […]