We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Fla. Asset Manager Hit With SEC Suit Over $7.4M Fraud

Law360, New York (December 1, 2016, 4:24 PM EST) -- The U.S. Securities and Exchange Commission on Thursday announced a Florida federal suit accusing a Chilean national of using his asset management company to dupe investors out of $7.4 million while lying about his background.

Alberto Chang-Rajii sold more than $5.7 million in promissory notes by falsely guaranteeing returns to investors in his Miami-based asset management company, Onix Capital LLC, and fraudulently raised another $1.7 million through special purpose vehicles, according to the SEC. Additionally, Chang exaggerated his investment successes and falsely claimed that he had...
To view the full article, register now.




Case Information

Case Title

Securities and Exchange Commission v. Onix Captial, LLC. et al

Case Number



Florida Southern

Nature of Suit



Marcia G. Cooke

Date Filed

November 8, 2016

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.