Securities and Exchange Commission v. Forrester

  1. March 27, 2020

    SEC Wins $417K In Fraud Suit Over Fracking Investments

    The U.S. Securities and Exchange Commission won final judgment and more than $417,000 in disgorgement and fines in Georgia federal court Friday in its suit alleging a Kentucky roofer bilked fracking investors out of $15 million in a securities fraud scheme.

  2. November 30, 2018

    Nominal CEO Of $15M Oil Ponzi Scheme Co. Faces SEC Suit

    A Kentucky roofer was a key player in a fracking Ponzi scheme through his role as nominal CEO of a corporation used to swindle $15 million from investors, the U.S. Securities and Exchange Commission argued in Georgia federal court Friday.