Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Securities and Exchange Commission v. The Lifepay Group, LLC et al
Case Number:
4:18-cv-01098
Court:
Nature of Suit:
Judge:
Government Agencies
-
March 16, 2020
No Early Win For SEC, Alleged Ponzi Schemer In $3.8M Suit
A Texas federal judge on Monday agreed with a magistrate judge's recommendation not to grant an early win to either the U.S. Securities and Exchange Commission or an alleged Ponzi schemer accused of bilking elderly investors out of $3.8 million.
-
April 09, 2018
SEC Accuses Pair Of Raising $3.8M In Ponzi, Drilling Schemes
The U.S. Securities and Exchange Commission sued two Texas men on Monday, saying they raised $3.8 million from dozens of elderly investors and spent it on themselves while claiming that the money was placed with "safe" real estate and energy investments.