Thursday - October 24, 2024
Litigation: SEC Charges Phoenix, Arizona-Based Investment Adviser for Conducting Fraudulent 'Cherry-Picking' Scheme
September 21, 2024
WASHINGTON, Sept. 21 -- The Securities and Exchange Commission issued the following litigation release (No. 2:24-cv-02477 DJH; D. Ariz. Sept. 18, 2024) involving Raymond J. DiMuro:

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The Securities and Exchange Commission today charged Raymond J. DiMuro, a former principal of Your Source Financial, PLC, a formerly SEC-registered investment adviser based in Phoenix, Arizona, with defrauding clients by conducting a cherry-picking scheme.

According to the . . .

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