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Litigation: SEC Charges 10 Defendants in Microcap Fraud Scheme
October 01, 2024
WASHINGTON, Oct. 1 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-07362; S.D.N.Y. filed Sept. 30, 2024) involving 10 Defendants:

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The Securities and Exchange Commission today charged Harry Zhabilov, Billy Ray, Jr., Charles Dilluvio, Stephen Apolant, Dannie Zhabilov, Jonathan Farber, and four related entities with running a microcap fraud scheme targeting retail investors. The defendants were involved in different part . . .

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