September 04, 2025
A securities trader with the middle name "Danger" who was sentenced to nearly four years in prison after copping to a federal wire fraud charge in connection with a $2.9 million Ponzi scheme, is also on the hook for $3.8 million in disgorgement and prejudgment interest in a parallel U.S. Securities and Exchange Commission suit, a California federal judge has ruled.
January 24, 2023
The U.S. Securities and Exchange Commission has filed suit against a 24-year-old whose middle name is purportedly Danger, claiming he fleeced 31 would-be investors out of $2.8 million by misrepresenting that he was using a proprietary trading algorithm he developed as a class project.