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United States Securities and Exchange Commission v. Benjamin Wey, et al.

  1. September 01, 2017

    SEC Follows Feds In Dropping Fraud Case Against PE CEO

    The U.S Securities and Exchange Commission on Friday dropped its civil securities fraud suit against private equity CEO Benjamin Wey, saying its case was scuttled because evidence gathered in a parallel criminal case had been suppressed and could not be introduced in the civil case.

  2. March 28, 2017

    Attys Shed Claims In SEC Fraud Suit Against 'Stalker' CEO

    A New York federal judge on Monday freed an attorney from U.S. Securities and Exchange Commission claims over his alleged role in helping "stalker" and private equity CEO Benjamin Wey manipulate shares, and trimmed claims for monetary gain related to the scheme against another individual.

  3. June 30, 2016

    Attys Want Out Of SEC Fraud Suit Against 'Stalker' CEO

    Two attorneys accused by the U.S. Securities and Exchange Commission of helping purported "stalker" and private equity CEO Benjamin Wey manipulate shares on Wednesday asked a New York federal judge to dismiss the claims against them, calling the allegations time-barred and weak.

  4. March 10, 2016

    Swiss Broker Wants Out Of SEC's Fraud Suit Against CEO

    A Swiss broker indicted for allegedly helping private equity CEO Benjamin Wey manipulate shares urged a New York judge Wednesday to toss a parallel civil suit, saying the U.S. Securities and Exchange Commission hasn't provided a "scintilla of evidence."

  5. December 14, 2015

    CEO Calls Gov't Search Illegal As New Charges Mulled

    Prosecutors told a Manhattan federal judge Monday they likely will bring tax charges against private equity CEO Benjamin Wey ahead of a planned March 2017 criminal securities fraud trial, while Wey said he will challenge the constitutionality of government searches of his Long Island home and New York Global Group office.

  6. September 10, 2015

    'Stalker' Wall Street CEO Arrested Over Securities Fraud

    Private equity CEO Benjamin Wey, who recently was found liable for harassing and defaming an intern at his New York Global Group concern, was arrested for allegedly manipulating shares tied to China-based "reverse merger" transactions, federal prosecutors said Thursday.