A staple of SEC enforcement in recent years has been offering fraud and Ponzi scheme cases. This week the Commission filed two more of these actions, one an offering fraud targeting military personnel and a second and investment fund fraud case which...
Offering fraud and Ponzi scheme cases have, in recent years, become a staple of the SEC enforcement division. Some of these cases are simple shams where the promoters lure unsuspecting investors with tales of quick, easy and safe returns. Others are more...
Cases involving the sale of unregistered securities and
Ponzi schemes were among the leading categories of cases brought last year
according to recent statistics from NERA Economic Consulting ( here ). The Commission's action
against Kenneth Dachman...