SEC Says No Bankruptcy For Real Estate Ponzi Vehicle

By Ryan Boysen · October 29, 2019, 6:46 PM EDT

The U.S. Securities and Exchange Commission hit back on Tuesday against a group of banks' request to move the liquidation of alleged Ponzi scheme vehicle Equitybuild Inc. out of district court...

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Case Information

Case Title

United States Securities and Exchange Commission v. Equitybuild, Inc. et al

Case Number

1:18-cv-05587

Court

Illinois Northern

Nature of Suit

850(Securities/Commodities)

Date Filed

August 15, 2018