SEC Charges San Francisco Bay Area Private Fund Executives With Multimillion Dollar Ponzi-Like Scheme
September 04, 2026
September 04, 2026
WASHINGTON, Sept. 4 -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. Mark D. Hanf and Hoai-Nam Chu Phan a/k/a Nam Phan, No. 3:26-cv-09298 (N.D. Cal. filed Sept. 1, 2026)
On September 1, 2026, the Securities and Exchange Commission charged Mark D. Hanf, the former CEO of Novato, California-based Pacific Private Money Group LLC (PPMG), and Hoai-Nam Chu Phan, the former COO of a PPMG . . .
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Securities and Exchange Commission v. Mark D. Hanf and Hoai-Nam Chu Phan a/k/a Nam Phan, No. 3:26-cv-09298 (N.D. Cal. filed Sept. 1, 2026)
On September 1, 2026, the Securities and Exchange Commission charged Mark D. Hanf, the former CEO of Novato, California-based Pacific Private Money Group LLC (PPMG), and Hoai-Nam Chu Phan, the former COO of a PPMG . . .