Court Enters Final Judgment Against Defendants in 'Prime Bank' Offering Fraud
January 19, 2017
January 19, 2017
WASHINGTON, Jan. 19 -- The Securities and Exchange Commission issued the following litigation release:
On January 13, 2017, the Honorable Patrick J. Schiltz of the U.S. District Court for the District of Minnesota entered a final judgment against Minnesota resident James M. Louks and his company, FiberPoP Solutions, Inc. Louks and FiberPoP are defendants in an SEC civil enforcement action who were charged with raising money from investors under false pretenses while failing to pro . . .
On January 13, 2017, the Honorable Patrick J. Schiltz of the U.S. District Court for the District of Minnesota entered a final judgment against Minnesota resident James M. Louks and his company, FiberPoP Solutions, Inc. Louks and FiberPoP are defendants in an SEC civil enforcement action who were charged with raising money from investors under false pretenses while failing to pro . . .