SEC Granted $1.18M Win In Fourth Colo. Case Over Scam Firm

By Zach Dupont ( August 26, 2026, 8:28 PM EDT) -- A Colorado federal magistrate judge recommended Wednesday that final entry of default be issued against n fraudulent investment firm run by a Hong Kong resident for failing to respond to one of several lawsuits from the U.S. Securities and Exchange Commission accusing him of running a scheme that duped investors into buying U.S.-listed shares of Chinese companies....

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