July 14, 2025
The death of a man who owned a now-defunct online gaming company prompted the U.S. Securities and Exchange Commission to drop its New York federal civil case that had accused him of defrauding investors and using a portion of the money for his personal expenses.
February 07, 2019
A game developer who raised $9 million from investors has been charged with spending a portion of their money on his gambling habit, a prior legal judgment and other personal expenses, U.S. authorities said Thursday.