SEC Charges Two Former Executives for Fraudulent Corporate Expense Abuses
August 05, 2019
August 05, 2019
WASHINGTON, Aug. 5 -- The Securities and Exchange Commission issued the following litigation release:
The Securities and Exchange Commission today charged two former executives of SITO Mobile, Ltd., a mobile advertising provider based in Jersey City, New Jersey, with fraudulently using corporate funds to pay for personal expenses.
The SEC's complaint, filed in the U.S. District Court for the District of New Jersey, alleges that SITO's former CEO, Gerard F. Hug . . .
The Securities and Exchange Commission today charged two former executives of SITO Mobile, Ltd., a mobile advertising provider based in Jersey City, New Jersey, with fraudulently using corporate funds to pay for personal expenses.
The SEC's complaint, filed in the U.S. District Court for the District of New Jersey, alleges that SITO's former CEO, Gerard F. Hug . . .