U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21695 / October 15, 2010 SEC v. Jason K. Fifield, Civil Action No. cv 10-7709 RGK(OPx) (C.D. Ca.) SEC Charges Jason K. Fifield with Fraud in Connection with a $5.88 million Ponzi Scheme The United States Securities and Exchange Commission (Commission) yesterday filed a civil injunctive action […]
SEC Ponzi Scheme Charges: Investigation Of Rosand Enterprises
Investigation Of Rosand Enterprises And Robert Anderson Of Illinois Launched Following SEC Ponzi Scheme Charges SNSFE has launched an investigation into Robert Anderson of Mt. Prospect, IL and his company Rosand Enterprises following SEC charges that a Ponzi scheme was conducted. The SEC’s complaint alleges that Anderson raised approximately $12 million from at least 77 […]
SEC Charges Two Florida-Based Fund Managers With Facilitating Petters Ponzi Scheme
Washington, D.C., Oct. 14, 2010 — The Securities and Exchange Commission today charged two Florida-based hedge fund managers and their firms with fraudulently funneling more than a billion dollars of investor money into a Ponzi scheme operated by Minnesota businessman Thomas Petters. Additional Materials SEC Complaint http://www.sec.gov/litigation/complaints/2010/comp21694.pdf Litigation Release No. 21694 http://www.sec.gov/litigation/litreleases/2010/lr21694.htm The SEC alleges […]