April 25, 2017
The U.S. Securities and Exchange Commission has urged a Florida federal judge to enter default judgment against a Florida man regarding allegations he helped sell approximately $4.8 million in shares in a purported lottery business while misrepresenting how the funds were used.
March 29, 2017
Two Florida men are facing securities fraud charges stemming from allegations they misrepresented to investors how their funds would be used, selling approximately $4.8 million in shares in a purported lottery business while allocating much of the proceeds for paying sales agents and for personal use.