91porn

  1. Home
  2. 91porn
  3. Whistleblower Representation
  4. Recent Government Enforcement
  5. SEC Enforcement Actions
Have a Claim?

Click here for a confidential contact or call:

1-347-417-2192 
								
			


								
						
			


								
			

	
Whistleblower Quiz

	
Would you blow the whistle?

 Take our Quiz


									
	
						

		

			
			

				

					
SEC Enforcement Actions

					
The  (SEC) is the United States agency with primary responsibility for enforcing federal securities laws. Whistleblowers with knowledge of violations of the federal securities laws can submit a claim to the SEC under the SEC Whistleblower Reward Program, and may be eligible to receive 聽monetary rewards and protection against retaliation by employers.


Below are summaries of recent SEC settlements or successful prosecutions. If you believe you have information about fraud which could give 聽rise to an SEC enforcement action and claim under the SEC Whistleblower Reward Program, please contact us to speak with one of our experienced whistleblower attorneys.

				

			

			
						
					
			

	
		
		

			

				
				
November 14, 2019

				 Veritaseum, Inc. and Veritaseum, LLC, together with their owner Reginald Middleton, agreed to pay $9.5 million to resolve claims of fraudulent conduct in their VERI Initial Coin Offering. Defendants were alleged to have misrepresented the potential profitability and viability of Veritaseum's purported operations, the use of funds raised in the VERI ICO, and the amount of funds raised in the VERI ICO.听 Middleton was further alleged to have engaged in conduct to manipulate the price of VERI.听 Defendants will disgorge $7.9 million in gains, plus interest, and Middleton will pay a $1 million civil penalty.听 				 					 

						
Tagged in:
													  Cryptocurrency, 
													  Financial and Investment Fraud, 
													  Misrepresentations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
November 4, 2019

				 Golden California Regional Center and its principal Bethany Liou will pay over $50 million in disgorgement and interest to resolve charges of fraud in connection with their sale of interests in the GCRC Cupertino Fund, LP as securities qualifying under the EB-5 visa program.听 Defendants represented that investor funds would be used to finance real estate development but, in fact, Liou diverted the funds to personal use.听 				 					 

						
Tagged in:
													  Financial and Investment Fraud, 
													  Misrepresentations, 
													  Securities Fraud, 
													  Visa Fraud, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
October 29, 2019

				 The orchestrator and four promoters of a pyramid and Ponzi scheme has been ordered to pay almost $11 million for defrauding at least 1,400 Spanish and Portuguese-speaking investors.听 According to an  from the SEC, ringleader Daniel Fernandes Rojo Filho鈥檚 company, DFRF Enterprises, LLC, allegedly told investors that it operated more than 50 gold mines in Brazil and Africa.听 In reality, the company did not actually mine gold and its $15 million in revenues came solely from recruiting new members as investors, with earlier investors paid commissions in a Ponzi-like fashion.听 Filho alone will pay over $10 million of the monetary judgment; his four associates will each pay between $100,00 and $266,000.听 				 					 

						
Tagged in:
													  Financial and Investment Fraud, 
													  Ponzi Schemes, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
October 10, 2019

				 A Maryland-based man has been sentenced to 22 years in prison for his role in a $396 million Ponzi scheme, the largest ever charged in Maryland.听 Unbeknownst to hundreds of victim investors, the consumer debt portfolios they invested in through Kevin Merrill and co-conspirators Jay Ledford and Cameron Jezierski were fake, with Merrill, Ledford, and Jezierski going to great lengths to keep up the illusion.听 The trio created imposter companies and bank accounts, fake documents, and invited would-be investors to tours of their Texas 鈥渙ffice.鈥澛� By the time they were arrested in 2018, the scheme had raked in over $396 million, with another $260 million pending.听 As part of his sentence, Merrill has also been ordered to pay restitution of at least $189 million.听 ; 				 					 

						
Tagged in:
													  Financial and Investment Fraud, 
													  Misrepresentations, 
													  Ponzi Schemes, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
October 2, 2019

				 PlexCorps and its principals Dominic Lacroix and Sabrina Paradis-Royer have agreed to pay nearly $7 million to resolve charges related to their unregistered initial coin offering PlexCoin, and their false and misleading statements regarding PlexCoin, the amount of funds raised by PlexCoin, the use of funds raised in the ICO, and the size and scale of PlexCoin operations.听 The SEC had obtained an emergency freeze on the ICO in 2017, and defendants will disgorge over $4.5 million in retained investor funds, plus interest; in addition, the individuals will each pay a $1 million penalty.听 Defendants are enjoined from further violations, and the individuals are enjoined from participating in any digital-securities offerings.听 				 					 

						
Tagged in:
													  Cryptocurrency, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
October 2, 2019

				 Brokerage firm Lek Securities Corp. and its CEO Sam Lek will pay almost $2 million to resolve allegations that they facilitated the manipulative trading scheme of Ukraine-based customer Avalon FA, Ltd.听 Lek provided Avalon with the means to engage in "layering" and other cross-market manipulation.听 Layering involves placing and canceling orders to signal inaccurate prices.听 Avalon also engaged in other practices to buy and sell stocks to artificially impact options prices.听 Lek Securities will pay a $1 million penalty plus $526,000 in disgorgement and interest; Sam Lek will pay a $420,000 penalty.听 Defendants have admitted the facts alleged and Lek Securities has agreed to retain an independent compliance monitor.听 				 					 

						
Tagged in:
													  Financial and Investment Fraud, 
													  International Whistleblowers, 
													  Market Manipulation and Trading Violations, 
													  Securities Fraud, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
September 30, 2019

				 Longfin Corporation has been ordered to pay $6.8 million in a default judgment entered in a federal court case alleging that Longfin filed fraudulent papers to qualify for a public offering under Regulation A+, misrepresenting the business as being based in the U.S.听 In addition, Longfin reported fictitious revenue from sham commodities transactions and unlawfully distributed Longfin shares, including in unregistered transactions and to insiders and affiliates.听 				 					 

						
Tagged in:
													  Cryptocurrency, 
													  Financial and Investment Fraud, 
													  Misrepresentations, 
													  Regulatory Violations, 
													  Securities Fraud, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
September 27, 2019

				 Advisory firms BMO Harris Financial Advisors Inc. and BMO Asset Management Corp. have agreed to pay over $37 million to resolve allegations that the companies violated the Investment Advisers Act by steering customers in their Managed Asset Allocation Program to more expensive investments from which the BMO advisor entities profited without disclosing this practice or the associated conflict of interest.听 BMO will pay $29.73 million in disgorgement and prejudgment interest, along with a civil penalty of $8.25 million.听 				 					 

						
Tagged in:
													  Financial and Investment Fraud, 
													  Financial Institution Fraud, 
													  Regulatory Violations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
September 27, 2019

				 Canadian Westport Fuel Systems, Inc., and its former CEO Nancy Gougarty will pay $4.1 million to resolve charges that they violated the Foreign Corrupt 91porn Act in making payment to Chinese government officials.听 The clean fuel technology company was found by the SEC to have transferred shares in a Westport Chinese joint venture to a Chinese private equity firm in which a government official held a financial interest, misrepresented the identity of the parties involved, and circumvented internal accounting controls.听 				 					 

						
Tagged in:
													  FCPA, 
													  Financial and Investment Fraud, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
September 27, 2019

				 Pharmaceutical manufacturer Mylan N.V. has agreed to pay $30 million to resolve SEC charges that the company failed to disclose or adequately accrue for possible losses arising from a DOJ investigation into Mylan's classification, pricing, and rebate practices regarding its EpiPen product.听 In 2017, Mylan agreed to pay $465 million to resolve that DOJ investigation.听 				 					 

						
Tagged in:
													  Accounting Fraud, 
													  Financial and Investment Fraud, 
													  Misrepresentations, 
													  Pharma Fraud, 
													  Securities Fraud, 
												
						

					
	
							
	
		
		
	


 			


											

						

								

									
1
…
30
31
32
33
34
35
36
…
108
								

						

					

												
		
 
	
 

 



	


	

		

			

								
							
Learn about Whistleblower Rewards Programs
			
	
		

		
	
			

									

													False Claims Act					  							State & Local False Claims Acts					  							SEC Program					  							CFTC Program					  							IRS Program					  					

								See More			
	
		

	
		

	




	


	

		

			

				

					

						
Newsletter

						
Subscribe to receive email updates from the 91pornblogs

					
	
				
	
			
	
			
	
				
Sign up for: