Jason Michael Meyer describes himself as something of a business wunderkind. In an article the 33-year-old Rochester resident published on the Internet, he says he’s a passionate marketer, a producer of elite concerts and public events, the president of “nine companies worldwide.” He describes himself as a 12-year veteran in commercial real estate development with […]
SEC: China Stock Fraud Network
The Securities and Exchange Commission is investigating allegations that U.S. firms and individuals have joined with partners in China to steal billions of dollars from American investors through stock fraud, according to people familiar with the probe. Individuals with direct knowledge of the investigation say that the SEC is focusing on stock promoters, investment bankers, […]
SEC: RUSSIAN ENTITY AND INDIVIDUAL AGREE TO PAY $1.33 MILLION TO SETTLE MARKET MANIPULATION CHARGES
On Thursday, December 2, 2010, the Securities and Exchange Commission settled civil charges against BroCo Investments, Inc. and its president Valery Maltsev arising out of an account intrusion scheme that manipulated the shares of over 100 public companies. The case was originally filed as an emergency action on March 15, 2010, in the United States […]
SEC: ORDER MAKING FINDINGS AND REVOKING REGISTRATIONS BY DEFAULT (WHDCF, AZUL, etc.)
Findings of Fact and Conclusions of Law Animatrix, Inc. (Animatrix), Central Index Key (CIK) No. 1162239, is a permanently revoked Nevada corporation located in Kent, Ohio, with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Animatrix is delinquent in its periodic filings with the Commission, having not filed any […]
SEC: REVOKING REGISTRATION OF SECURITIES (Epic Financial Corp. EPFL)
ORDER MAKING FINDINGS AND REVOKING REGISTRATION OF SECURITIES PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934 AS TO EPIC FINANCIAL CORP. In the Matter of: Enclaves Group, Inc., Energytec, Inc., Entrada Networks, Inc., Epic Financial Corp., Equisure, Inc., and Equus Gaming Co., (Respondents). On the basis of this Order and Respondent’s Offer, […]
SEC: Civil Charges for Offering Fraud
U. S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21759 / December 1, 2010 Securities and Exchange Commission v. Jennifer L. Dodge, Grant M. Carroll, Tamara M. Davis, and The Cornerstone TKD, LLC, Civil Action No. 1:10-cv-00913, United States District Court for the Western District of Texas (Austin Division). SEC Files Civil Charges against Jennifer […]
SEC: Enforcement Proceedings (November 30th, 2010)
In the Matter of Milowe Allen Brost a/k/a Milo Brost On November 30, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Notice of Hearing (Order) against Milowe Allen Brost a/k/a Milo Brost. The Order alleges that from at least 1999 to 2008, Brost […]
SEC: International Insider Trading Scheme
SEC Charges Deloitte Partner and Wife in International Insider Trading Scheme FOR IMMEDIATE RELEASE 2010-234 Washington, D.C., Nov. 30, 2010 — The Securities and Exchange Commission today charged a former Deloitte Tax LLP partner and his wife with repeatedly leaking confidential merger and acquisition information to family members overseas in a multi-million dollar insider trading […]
SEC: Two Longtime Madoff Employees Charged with Fraud
SEC Charges Two Longtime Madoff Employees with Fraud FOR IMMEDIATE RELEASE 2010-225 Washington, D.C., Nov. 18, 2010 — The Securities and Exchange Commission today charged a pair of longtime employees at Bernard L. Madoff Investment Securities LLC (BMIS) with playing key roles in the Madoff Ponzi scheme. One employee produced phony account statements for investors […]
SEC: Litigation Release (Entrust Capital Management)
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 21739 / November 15, 2010 SEC v. Amit Mathur, Entrust Capital Management, Inc., and Raheev Johar, No. 05-CV-10729-MLW (District of Massachusetts, filed April 12, 2005) Court Enters Final Judgment Against Investment Adviser and Its Principal Accused of Misappropriating Client Funds The Securities and Exchange Commission announced today […]