David Rosenfeld

PP Blog Tag archives on references to "David Rosenfeld."

Another Ponzi Halted In New York; SEC Says Matthew J. Ryan Targeted Senior Citizens In Scheme Involving Company That Existed In Name Only

Another Ponzi Halted In New York; SEC Says Matthew J. Ryan Targeted Senior Citizens In Scheme Involving Company That Existed In Name Only

American Integrity Financial Co. existed in name only, the SEC said today. Its operator, Matthew J. Ryan, 45, of Troy, N.Y., used the bogus company to fleece senior citizens in a Ponzi scheme by telling them they’d earn “guaranteed” return rates of  3.85 percent to 9 percent each year. It was the second Ponzi scheme […]

FIVE ARRESTED: SEC Says Bogus Stock-Tips Website Faked Testimonial From George Soros; Gryphon Holdings Inc., Kenneth E. Marsh, Others Charged With Operating ‘Sham’

FIVE ARRESTED: SEC Says Bogus Stock-Tips Website Faked Testimonial From George Soros; Gryphon Holdings Inc., Kenneth E. Marsh, Others Charged With Operating 'Sham'

BULLETIN: Five people have been arrested in New York on charges of conspiracy to commit securities fraud and wire fraud. Their preliminary court appearances  are occurring now — and the allegations in the case are spectacular. Separately, the SEC has gone to federal court in New York to obtain an emergency court order freezing the […]