January 06, 2026
A purported commercial fueling entrepreneur and his companies must pay the U.S. Securities and Exchange Commission nearly $2.6 million after failing to retain new counsel in an enforcement action alleging that they scammed retail investors out of more than $1.2 million.
March 14, 2023
Federal securities regulators filed a civil complaint in a central California federal court Tuesday accusing the founder of a private investment firm of violating anti-fraud provisions by plundering company funds to support his lavish lifestyle.