SEC Halts Ponzi Scheme Targeting Seniors and Small Business Owners
November 19, 2019
November 19, 2019
WASHINGTON, Nov. 19 -- The Securities and Exchange Commission issued the following news release:
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against two individuals and two companies they control in connection with an alleged $6 million Ponzi scheme that defrauded at least 55 investors, many of whom are senior citizens or small business owners.
According to the S . . .
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against two individuals and two companies they control in connection with an alleged $6 million Ponzi scheme that defrauded at least 55 investors, many of whom are senior citizens or small business owners.
According to the S . . .