SEC Obtains Final Judgment Against California Man for Defrauding Investors Out of Millions of Dollars in Fake Certificate of Deposit Scam
September 12, 2025
September 12, 2025
WASHINGTON, Sept. 12 -- The Securities and Exchange Commission issued the following litigation release (No. 2:22-cv-00051-ES-JRA; D.N.J., filed Jan. 5, 2022) involving Allen C. Giltman:
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On September 11, 2025, the U.S. District Court for the District of New Jersey entered a final consent judgment against Allen C. Giltman for his role in an internet-based fraudulent scheme that lured unsuspecting investors to websites offering fake certificates of deposit ("CDs . . .
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On September 11, 2025, the U.S. District Court for the District of New Jersey entered a final consent judgment against Allen C. Giltman for his role in an internet-based fraudulent scheme that lured unsuspecting investors to websites offering fake certificates of deposit ("CDs . . .