May 30, 2019
A convicted fraudster and his company have agreed to pay nearly $7 million combined to settle claims in New Jersey federal court that he tricked investors into giving him millions to develop an aspirin product and instead used most of the money for personal expenses, the U.S. Securities and Exchange Commission said Thursday.
May 29, 2019
A convicted fraudster duped investors into giving him millions to develop an aspirin product and then used most of the money for personal expenses and to support his toy race car business, according to a U.S. Securities and Exchange Commission suit filed Wednesday in New Jersey federal court.