Securities

Recent Posts

SEC Wins Freeze Order Over “Cloud Computing” Pyramid Scheme
Posted on 31 Mar 2014 by Thomas O. Gorman

The “cloud” is a current focus for investors. There is cloud computing, cloud storage and new firms with cloud services. And the Commission discovered a “cloud” investment program that promised a 100% return in 100 days and had... Read More

SEC Stops $20 Million Pyramid Scheme Touting Youth Education Courses
Posted on 18 Oct 2013 by Jordan D. Maglich

The Securities and Exchange Commission announced it had obtained an asset freeze and filed civil fraud charges against the operators and promoters of a worldwide pyramid scheme that targeted Asian-Americans through the allure of risk-free returns based... Read More