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SEC Charges Longtime Broker with Defrauding Retail Investors

The Securities and Exchange Commission has charged a Connecticut investment adviser with allegedly misappropriating $560,000 from his advisory clients by selling fictitious financial products...

SEC Bars Former Securities America Broker Over $1 Billion Ponzi Scheme

The Securities and Exchange Commission has barred former Securities America broker, Ronald Roach, who recently pled guilty to participating in a $1 billion Ponzi...

SEC Bars Former Broker for Oil and Gas Ponzi Scheme

The Securities and Exchange Commission has barred former broker, Rodney Pope, for his role in a Ponzi scheme while serving as chief executive officer...

SEC Charges Unregistered Broker Who Sold Woodbridge Securities to Retail Investors

The Securities and Exchange Commission has charged Brett Pittsenbargar, a Texas-based external sales agent for Woodbridge Group of Companies LLC, and his wholly-owned alter...

SEC Halts Ponzi Scheme Aimed at Seniors and Small Business Owners

The Securities and Exchange Commission filed an emergency action and obtained a temporary restraining order and asset freeze against Neil Burkholz of Boca Raton, Florida,...

SEC Charges Adviser for Ponzi Scheme, Fraud and Embezzlement

The Securities and Exchange Commission has filed charges against a New York investment adviser, Ruless Pierre, for operating a multimillion-dollar Ponzi scheme masquerading as...

SEC Bars Former LPL Broker for Running $5 Million Ponzi Scheme

The Securities and Exchange Commission has barred James T. Booth, 74, a former LPL Financial broker who operated a Ponzi scheme that defrauded roughly...

Ponzi Scheme Perp Sentenced to 14 Years in $345 Million Fraud...

One of the perpetrators of a Ponzi-like scheme that raised more than $345 million from more than 230 investors across the United States, Jay...

SEC Obtains Final Judgments Against Gold Mining Pyramid Scheme Orchestrator and...

The SEC has obtained final judgments against the orchestrator and four promoters of a pyramid and Ponzi scheme involving two purported gold mining companies. In...

SEC Charges California Contractor and CPA for Roles in $909 Million...

The Securities and Exchange Commission today has charged two California individuals for their roles in a multi-year alternative energy tax credit Ponzi scheme run...