SEC Says Sports Media Tech Co. Fraudulently Raised $22M
By Sydney Price ( April 17, 2024, 10:10 PM EDT) -- The U.S. Securities and Exchange Commission filed a suit on Wednesday accusing media technology company Icaro Media Group Inc. and its CEO of raising more than $22 million from investors on fake claims that it was about to launch a sports content application in partnership with major telecommunications companies....
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