Firm’s U.S.-based holding company QZ Global Ltd. also charged with fraud August 27, 2024/US SEC The Securities and Exchange Commission today announced charges against China-based investment adviser QZ Asset Management Limited a/k/a Qianze Asset Management Limited (QZ Asset), its South Dakota-based holding company QZ Global Limited, and the CEO of […]
Frauds & Scandals
SEC Charges Brothers Jonathan and Tanner Adam with $60 Million Ponzi Scheme
SEC obtains emergency relief to freeze defendants’ assets August 27, 2024/US SEC The Securities and Exchange Commission today announced that it obtained emergency asset freezes against Jonathan Adam, a resident of Angleton, Texas, and his brother, Tanner Adam, a resident of Miami, Florida, and against their respective entities, GCZ Global […]
SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities
Abra also allegedly operated as an unregistered investment company August 27, 2024/US SEC The Securities and Exchange Commission today filed settled charges against Plutus Lending LLC, which does business as Abra, for failing to register the offers and sales of its retail crypto asset lending product, Abra Earn. The SEC […]