Mo. Secretary of State Ashcroft's Securities Division Seeks $125,000 in Penalties After Company Allegedly Defrauds Investors
June 04, 2021
June 04, 2021
JEFFERSON CITY, Missouri, June 4 -- Missouri Secretary of State Jay R. Ashcroft issued the following news release:
Secretary of State Jay Ashcroft's Securities Division ordered Cryotherm USA, Inc., John (Jianxin) Wang and Dennis R. Di Ricco to cease and desist after allegedly issuing more than $2 million in unregistered, non-exempt promissory notes.
Between December 1, 2015, and October 31, 2020, the Florida-based Cryotherm USA allegedly sold the promissory notes t . . .
Secretary of State Jay Ashcroft's Securities Division ordered Cryotherm USA, Inc., John (Jianxin) Wang and Dennis R. Di Ricco to cease and desist after allegedly issuing more than $2 million in unregistered, non-exempt promissory notes.
Between December 1, 2015, and October 31, 2020, the Florida-based Cryotherm USA allegedly sold the promissory notes t . . .