July 29, 2024/US SEC The Securities and Exchange Commission announced today that it filed charges against Thomas San Miguel, founder and former Chief Executive Officer of SGR Energy, Inc. (“SGR Energy”), a Houston-based fuel-blending business, for engaging in an unregistered and fraudulent securities offering. The SEC’s complaint alleges that between […]
Frauds & Scandals
SEC Charges Andrew Left and Citron Capital for $20 Million Fraud Scheme
July 26, 2024/US SEC The Securities and Exchange Commission today announced charges against activist short seller Andrew Left and his firm, Citron Capital LLC, for engaging in a $20 million multi-year scheme to defraud followers by publishing false and misleading statements regarding his supposed stock trading recommendations. The SEC’s complaint […]
SEC Charges Georgia Man and Florida Lawyer for Their Roles in Fraudulent Investment Scheme
July 26, 2024/US SEC On July 25, 2024, the Securities and Exchange Commission charged 68-year-old Roosevelt Tobias Bailey, of Buford, Georgia, and his company, Borg Investment Bank & Capital Trust, with conducting a fraudulent prime bank and gold and diamond investment scheme. The SEC also charged Alvin C. Jones, Esq. […]