TL;DR The Accused: The SEC has charged Canadian securities lawyer Sergio Damian Lopez with securities fraud. The Misconduct: Lopez allegedly created shell companies and drafted sham “consulting agreements” to launder $800,000. These funds were secret payments from companies (Hightimes Holding…
TL;DR Case No. 2:25-cv-00895, filed May 21, 2025 in the U.S. District Court for the District of Nevada. Plaintiff: the Securities and Exchange Commission. Defendants Joel J. Natario and Jefferson Scott “Patch” Baker stole more than $10 million from approximately…
SEC Enforcement Action // Case 3:25-cv-04387 // Filed May 22, 2025 The Pastor’s Handshake: How a Real Estate CEO Stole $46 Million From His Own Church Community EvilCorporations.com Investigative Desk Source: SEC v. Mattson et al., U.S. District Court, Northern…
TL;DR The fraud ran for over three years. From February 2022 to the date of filing in May 2025, the operators of Unicoin, Inc. raised more than $100 million from over 5,000 investors by selling “Unicoin Rights Certificates”, which were…
Nate Inc. CEO Alberto Saniger Charged with $42M AI Investment Fraud Corporate Misconduct Accountability Project Nate, Inc. · SEC Enforcement Action Nate Inc. CEO Alberto Saniger Charged with $42M AI Investment Fraud Alberto Saniger falsely claimed his shopping app used…
Berkshire Global Advisors Failed to Monitor Employee Trading Accounts Corporate Misconduct Accountability Project Berkshire Global Advisors LP · Regulatory Settlement Berkshire Global Advisors Failed to Monitor Employee Trading Accounts For years, the firm failed to track outside brokerage accounts held…
FINRA Enforcement • AWC No. 2021072581901 • Accepted January 22, 2025 They Hired Influencers to Sell Brazilian Investors a Lie EvilCorporations.com • FINRA AWC No. 2021072581901, Avenue Securities LLC, Accepted Jan. 22, 2025 • 14 min read TL;DR Avenue Securities…
SEC Enforcement Action • Securities Fraud • Case 2:25-cv-01043-DMF Cannabis Hype, Empty Promises, and a Man Who Spent Your Retirement at the Casino EvilCorporations.com • SEC v. Spargo, CannaCloud, Inc., and D.A. Spargo & Co., LLC • 21 min read…
Crypto Fraud / SEC Enforcement / Utah Federal Court Case No. 2:23-cv-00159-AMA-CMR | U.S. District Court, District of Utah The Green Box Scam: How Two Men Sold a Fake Crypto Mine to Ordinary Investors and a Federal Court Just Refused…
Brokers Tipped Traders to Profit from Inside Stock Offering Data Corporate Misconduct Accountability Project David Cooper and Associates · SEC Enforcement Action Brokers Tipped Traders to Profit from Inside Stock Offering Data SEC alleges registered representatives David Cooper and an…