SEC Charges Former CEO of Lugano Diamonds in Alleged Massive Accounting and Offering Fraud
September 02, 2026
September 02, 2026
WASHINGTON, Sept. 2 -- The Securities and Exchange Commission issued the following litigation release:
* * *
Securities and Exchange Commission v. Ferder, et al., No. 8:26-cv-02492 (C.D. Cal. filed Aug. 31, 2026)
On August 31, 2026, the Securities and Exchange Commission filed charges against Mordechai Ferder, the founder and former CEO of Lugano Diamonds & Jewelry, Inc., for allegedly running a fraud scheme that caused Lugano and its public parent comp . . .
* * *
Securities and Exchange Commission v. Ferder, et al., No. 8:26-cv-02492 (C.D. Cal. filed Aug. 31, 2026)
On August 31, 2026, the Securities and Exchange Commission filed charges against Mordechai Ferder, the founder and former CEO of Lugano Diamonds & Jewelry, Inc., for allegedly running a fraud scheme that caused Lugano and its public parent comp . . .