December 04, 2017
The U.S. Securities and Exchange Commission announced the addition Monday of a new defendant to civil and criminal actions against a financial adviser previously barred from the industry for inflating her assets and now accused of raising $20 million used to make Ponzi payments, while casting "spells" on investigators.
August 28, 2017
Prosecutors unveiled charges Monday in Maryland federal court against a financial adviser who was previously barred from the industry for inflating her assets, this time alleging she raised $20 million for her sports apparel firm but used the cash for Ponzi payments — and tried to cast spells on U.S. Securities and Exchange Commission investigators.