SEC Charges Investment Fund Founder William K. Ichioka With $25 Million Offering Fraud
June 23, 2023
June 23, 2023
WASHINGTON, June 23 -- The Securities and Exchange Commission issued the following news release on June 22, 2023:
The Securities and Exchange Commission today charged William K. Ichioka, of New York, New York, with fraudulently raising $25 million from individual investors primarily in California and Oregon by making false claims about his investing success and promising large anticipated returns but instead using investor funds for gambling and to enrich himself. Ichioka has agreed . . .
The Securities and Exchange Commission today charged William K. Ichioka, of New York, New York, with fraudulently raising $25 million from individual investors primarily in California and Oregon by making false claims about his investing success and promising large anticipated returns but instead using investor funds for gambling and to enrich himself. Ichioka has agreed . . .