SEC Charges Unregistered Brokers Who Sold Woodbridge Securities to Main Street Investors
August 22, 2018
August 22, 2018
WASHINGTON, Aug. 22 -- The Securities and Exchange Commission issued the following litigation release:
The Securities and Exchange Commission today charged five individuals and four companies for unlawfully selling securities of Woodbridge Group of Companies LLC to retail investors. Woodbridge collapsed into bankruptcy in December 2017 and the SEC previously charged the company, its owner and others with operating a massive $1.2 billion Ponzi scheme.
The Florida-based d . . .
The Securities and Exchange Commission today charged five individuals and four companies for unlawfully selling securities of Woodbridge Group of Companies LLC to retail investors. Woodbridge collapsed into bankruptcy in December 2017 and the SEC previously charged the company, its owner and others with operating a massive $1.2 billion Ponzi scheme.
The Florida-based d . . .