SEC Charges Former Stock Promoter With Defrauding Investors in Florida Real Estate Venture
WASHINGTON, D.C. - April 24, 2014 - (RealEstateRama) -- The Securities and Exchange Commission today filed fraud charges against a former Florida-based stock promoter currently serving a two-year prison sentence for lying to SEC investigators.
SEC Charges Real Estate Executives in Florida-Based $300 Million Investment Scheme
Washington, D.C. - January 30, 2013 - (RealEstateRama) -- The Securities and Exchange Commission today charged five former real estate executives who defrauded investors into believing they were funding the development of five-star destination resorts in Florida and Las Vegas when they were actually buying into a Ponzi scheme.