March 10, 2023
The founder and CEO of a fintech startup will pay over $1.1 million as part of the resolution of U.S. Securities and Exchange Commission claims that he and an associate misled over 160 investors about the prospects of their purported financial and data software technology company, which took in nearly $13 million.
August 20, 2021
A fintech startup's founder and a business ally raised nearly $13 million from investors by sweet-talking them with empty promises about rock-solid business deals in Central and South America, the U.S Securities and Exchange Commission said Thursday in a lawsuit.