Try our Advanced Search for more refined results

Securities and Exchange Commission v. Fusion Hotel Management LLC et al

  1. April 12, 2023

    Judge Pauses SEC Suit Over Alleged Hotel Ponzi Scheme

    A lawsuit from the U.S. Securities and Exchange Commission accusing a business that claims to sell blocks of hotel reservations of being a Ponzi scheme is on hold after a California federal judge temporarily stayed the case as the business owner faces related criminal charges.

  2. November 14, 2022

    Hotel Biz Can't Get SEC's Ponzi Scheme Claims Tossed

    A business claiming to sell blocks of hotel rooms that was charged with running a Ponzi scheme can't escape a related civil suit by the U.S. Securities and Exchange Commission, a California federal judge ruled, rejecting the defendants' claims that the SEC's complaint is "vague and confusing."

  3. March 07, 2022

    Hotel Biz Slams SEC's Fraud Suit As Vague And Confusing

    A business claiming to sell blocks of hotel room reservations to corporate clients urged a California federal court to toss a U.S. government suit accusing it of running a Ponzi scam, saying the confusing complaint fails to give it a fair shot at responding to vague fraud claims.

  4. December 15, 2021

    Fraudulent Hotel Biz Ran $15M Ponzi Scheme, SEC Says

    The U.S. Securities and Exchange Commission accused the owner of Fusion Hotel Management of conning investors with fake balance sheets and using fraudulently raised money to gamble at casinos in an alleged $15 million Ponzi scheme.