Tag: SEC
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Jury Convicts Florida Woman Who Ran Bizarre Ponzi And Fraud Scheme With Husband; Marian I. Morgan Guilty On All 22 Counts, Including Wire Fraud And Money-Laundering
A 57-year-old Florida woman who ducked out of the United States with her husband after becoming implicated in a $28 million HYIP/prime-bank swindle has been found guilty of wire fraud, money-laundering, conspiracy, interstate/foreign transportation of stolen funds and tax crimes, U.S. Attorney Robert E. O’Neill of the Middle District of Florida announced. The investigation into the…
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BULLETIN: SEC Says Utah Scammers Funneled Money To 2 Ponzi Schemes; Christopher A. Seeley, Justin G. Dickson Accused Of Conducting Offering Fraud That Raised Millions
BULLETIN: The SEC has gone to federal court to accuse two Utah men of conducting a $7.9 million offering fraud in which money that flowed from investors was used to prop up two Ponzi schemes. Named defendants were Christopher A. Seeley, 36, of Herriman, and Justin G. Dickson, 35, of Salt Lake City. The offering…
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BULLETIN: 77-Year-Old Amish Man Now Faces Criminal Charge In Alleged ‘Massive’ Caper; Monroe L. Beachy Indicted For Mail Fraud; SEC Filed Civil Charges Earlier This Year
An Amish man has been indicted in Ohio in an alleged long-running scheme that devoured more than $16.8 million. Victims of Monroe L. Beachy included fellow Amish and the Amish Helping Fund, according to court filings. Beachy, 77, resides in Sugarcreek, Ohio. He was charged civilly by the SEC in February 2011. A criminal indictment…
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PONZI >> FORUM >> CESSPIT >> ALERT >> MOVING: SEC Charges Texas-Based Imperia Invest Promoter With Securities Fraud, Other Offenses; Agency Says Jody Dunn Targeted Deaf Investors, Lied To Them — And Cherry-Picked Their Funds To Pay For His House And Car
ALERT >> MOVING: A deaf promoter of an online program that stole millions of dollars from deaf investors knew the purported Imperia Invest IBC opportunity did not come as advertised but nevertheless continued to promote it, siphoning money from fellow deaf investors and using it to make his mortgage, car, insurance and other payments, the…
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BULLETIN: SEC Says Alleged Life-Settlement Scammer Ran $4.5 Million Fraud And Ponzi Scheme — And Spent $5,000 On ‘Cowboy Boots’ And Another $5,000 For ‘Dating Service’ While Directing $55,000 To A ‘Tribute’ For Deceased Entertainer Michael Jackson; Image Of Former President Bill Clinton Appears On Website
UPDATED 4:32 P.M. EDT (U.S.A.) It’s only getting stranger . . . The SEC has gone to federal court in Los Angeles and obtained an emergency asset freeze for what it described as a $4.5 million life-settlement fraud and Ponzi scheme operated by a man who spent more than $5,000 in investor funds on “cowboy…