SEC Cracks Alleged Ponzi Scheme Generating over $15m from over 450 investors | Hedge Fund News From HedgeCo Net hedgeco.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeco.net Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Commission announced charges against Mexico-based company Aras Investment Business Group, its CEO Armando Gutierrez Rosas, and four individuals for fraudulently raising at least $15 million from more than 450 retail investors in the U.S., most of whom were members of the Mexican American community.
The Securities and Exchange Commission today announced charges against Mexico-based company Aras Investment Business Group S.A.P.I. de C.V., its CEO Armando…
SEC gov | SEC Charges Mexico-based Company, its CEO, and Four Individuals in Ponzi Scheme Targeting Spanish-Speaking U S Investors sec.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sec.gov Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Commission (SEC) has stepped up its legal war on affinity fraud with charges against the alleged operators of a Ponzi scheme…