Tag: fraud

The SEC claims that an individual that controlled several entities including an investment fund created phony consumer loans to funnel investor cash to his faltering financial operations rather than investing the money in actual loans in accord with the representations …

SEC Inspection Staff Uncovers A Possible Fraud Read More »

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An oil company that misrepresented the amount of reserves for a foreign oil property to raise money in an offering and increase its share price was charged by the SEC with fraud

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