SEC Charges Self-Described Trading 'Luminary' in Offering Fraud
August 22, 2025
August 22, 2025
WASHINGTON, Aug. 22 -- The Securities and Exchange Commission issued the following litigation release (No. 25-cv-06909; S.D.N.Y. filed Aug. 21, 2025) involving Kenneth Thom:
* * *
On August 21, 2025, the Securities and Exchange Commission charged New Jersey resident Kenneth Thom with defrauding investors in connection with an offering fraud through which he allegedly raised over $600,000 from more than fifty investors.
According to the SEC's complaint . . .
* * *
On August 21, 2025, the Securities and Exchange Commission charged New Jersey resident Kenneth Thom with defrauding investors in connection with an offering fraud through which he allegedly raised over $600,000 from more than fifty investors.
According to the SEC's complaint . . .