March 30, 2016
A New Jersey federal judge on Wednesday ordered two brothers to fork over more than $2.2 million in a U.S. Securities and Exchange Commission suit alleging they duped investors out of millions through a sham real estate investment firm as part of a Ponzi scheme.
March 25, 2016
The U.S. Securities and Exchange Commission on Thursday launched a securities fraud suit against a pair of brothers and their purported real estate investment firm, saying they bilked $2.7 million from investors through the sham company as part of a Ponzi scheme.