October 06, 2017
The estate of a Michigan man who marketed an "extreme day trading" investment program has agreed to a nearly $4.6 million final judgment to settle the U.S. Securities and Exchange Commission's claims that he defrauded scores of investors.
October 10, 2014
The U.S. Securities and Exchange Commission on Friday sued the estate of a Michigan man who operated an "extreme day trading" program that raised nearly $2 million, alleging he misrepresented that the program was a success while hiding massive trading losses and using investor funds to feed his gambling habit.