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ANTHONY THOMPSON, JR.
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Anthony Thompson, Jr. has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Anthony Thompson, Jr.On December 30, 2020, the U. S. District Court for the Southern District of New York entered final judgments against two penny stock promoters whom the Commission charged in connection with several alleged pump-and-dump schemes involving stocks they were touting in their supposedly independent newsletters.The SEC's complaint in this action, filed in November 2014, alleged that Anthony Thompson, Jr., Jay Fung, and a third defendant, Eric Van Nguyen, worked in concert to gain control of a large portion of shares in the stock of microcap companies, then hyped those stocks in newsletters they distributed to prospective investors. According to the complaint, the newsletters published by Thompson, Fung, and Van Nguyen misleadingly stated that they "may" or "might" sell shares they owned when in reality they always intended to sell -- and in some instances already were selling - the stocks they were promoting. As alleged, they also failed to fully disclose in their newsletters the amounts of compensation they were receiving for promoting the stocks.Thompson and Fung, who were both previously convicted in a parallel state criminal case for conduct that was the subject of the SEC's action, each consented to the entry of a final judgment enjoining them from future violations of the anti-touting provisions of Section 17(b) of the Securities Act of 1933. Thompson further consented to pay disgorgement of $624,882 plus prejudgment interest of $137,381, and Fung consented to pay disgorgement of $1,766,083 plus prejudgment interest of $244,308. Fung's obligation to pay disgorgement and prejudgment interest will be deemed satisfied by the $2,800,000 he was ordered to pay pursuant to an order of restitution entered in a related criminal action filed by the Manhattan District Attorney's Office. The SEC's litigation continues with respect to Van Nguyen.Conclusion: Anthony Thompson, Jr. Is A FraudThe report on SEC clearly suggests that Anthony Thompson, Jr. never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Anthony Thompson, Jr. or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

EQUIALT
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Equialt (DeAndre P. Sears) has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Equialt (DeAndre P. Sears)The Securities and Exchange Commission today announced charges against DeAndre P. Sears and MASears LLC d/b/a Picasso Group, an entity he controlled and operated, with registration violations for unlawfully selling securities of Florida-based real estate firm EquiAlt LLC to retail investors. The SEC previously filed an enforcement action against EquiAlt LLC, its CEO Brian Davison, and its Managing Director Barry Rybicki on February 11, 2020, in connection with the alleged scheme.According to the SEC's complaint, between 2014 and 2020, Sears directly and indirectly, through the use of third-party agents, sold at least $25 million of EquiAlt's securities to more than 145 largely unaccredited, unsophisticated, and elderly retail investors located in 25 states. During that period, Sears was identified in EquiAlt private placement memoranda as Managing Director of Investments, President of Business Development and Marketing, or Vice President of Investor Relations. Sears, through Picasso Group, received approximately $3.5 million in transaction-based sales commissions from EquiAlt, despite neither being registered as broker dealers. The complaint alleges that beginning in approximately 2016, EquiAlt was actually operating a Ponzi scheme during which it raised more than $170 million from approximately 1,100 investors in 35 states.The SEC's complaint charges Sears and Picasso Group with violating the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act of 1933, and the broker-dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934. Without admitting or denying the allegations in the complaint, Sears and Picasso Group have agreed to the entry of a judgment providing injunctive relief with disgorgement and civil penalties to be determined by a court at a later date. Sears also agreed to associational and penny stock bars as part of a settled follow-on administrative proceeding.The SEC's continuing investigation is being conducted by Chanel T. Rowe and Andre Zamorano, with assistance from Mark Dee, and supervised by Thierry Olivier Desmet and Glenn S. Gordon in the Miami Regional Office. The SEC's litigation is being led by Alise Johnson and supervised by Andrew O. Schiff.Conclusion: Equialt (DeAndre P. Sears) Is A FraudThe report on SEC clearly suggests that Equialt (DeAndre P. Sears) never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Equialt (DeAndre P. Sears) or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

BARRY F. CONNELL
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Barry F. Connell has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Barry F. ConnellOn December 30, 2020, the U.S. District Court for the Southern District of New York entered a final consent judgment against Barry F. Connell, who was previously charged with investment adviser fraud for having misappropriated client funds.According to the SEC's complaint, filed on February 3, 2017, Connell, while employed at a major financial institution, misappropriated more than $5 million from clients primarily by moving funds between certain client accounts and issuing falsified third-party wire transfer forms and checks. Connell allegedly directed the funds to cover his personal expenses and fund his lavish lifestyle. In a parallel criminal action, the U.S. Attorney's Office for the Southern District of New York filed criminal charges against Connell. Connell pled guilty to those charges and was sentenced to a prison term of time served of approximately 36 months and ordered to pay forfeiture and restitution.The final judgment enjoins Connell from violating Sections 206(1) and 206(2) of the Investment Advisers Act of 1940 and finds Connell liable for disgorgement in the amount of $5,148,651 that is deemed satisfied by the restitution ordered against him in the parallel criminal action.Connell also consented to a Commission order issued today permanently barring him from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization, as well as permanently barring him from participating in any offering of penny stock.Conclusion: Barry F. Connell Is A FraudThe report on SEC clearly suggests that Barry F. Connell never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Barry F. Connell or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

TERRENCE CHALK
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Terrence Chalk has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Terrence ChalkThe Securities and Exchange Commission today charged an unregistered investment adviser, who allegedly concealed his criminal past, with defrauding his clients through the offer and sale of investments in a fictitious investment fund, and misappropriating a large portion of the funds raised.According to the SEC's complaint, from 2017 to 2020, Terrence Chalk, of Passaic, New Jersey and Orlando, Florida, raised approximately $5 million for the fictitious fund from approximately 40 investors. The complaint alleges that Chalk, who was previously convicted of identity theft and bank fraud, used the alias "Dr. Terrence Cash" to conceal his identity and criminal past from investors and held himself out as a successful investment adviser and the chairman and founder of a network of entities he referred to as "Greenlight." The complaint further alleges that Chalk promised investors a regular dividend of no less than 12% per year and advised his clients to transfer their existing retirement accounts and other savings to newly established accounts at a self-directed IRA custodian in order to invest in the fictitious fund. According to the complaint, instead of investing the funds as promised, Chalk and entities he controlled, including Greenlight Advantage Group Inc. and Greenlight Investment Partners Inc., misappropriated the vast majority of invested capital, with Chalk using more than $700,000 to pay personal expenses. As alleged, to perpetuate and conceal the fraud, Chalk and the Greenlight entities also used approximately $1.8 million of investor money to make purported dividend payments to prior investors in Ponzi-like fashion.In a parallel action, the U.S. Attorney's Office for the Southern District of New York earlier today filed criminal charges against Chalk.The SEC's complaint, filed in U.S. District Court for the Southern District of New York, charges Chalk, Greenlight Business Solutions Inc., Greenlight Consulting Corp., Greenlight Advantage Group Inc., and Greenlight Investment Partners Inc. with violations of the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint also charges Chalk, Greenlight Business Solutions Inc., and Greenlight Consulting Corp. with violating the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act, and charges Chalk with violations of the antifraud provisions of Sections 206(1) and 206(2) of the Investment Advisers Act of 1940 and the control person provisions of Section 20(a) of the Exchange Act. The SEC seeks injunctive relief, civil penalties, and disgorgement of ill-gotten gains plus prejudgment interest.The SEC's Office of Investor Education and Advocacy encourages investors to ask questions before investing and to review investor alerts, including those on Ponzi scheme red flags and Questions to Ask When Hiring an Investment Professional. Additional information is available on Investor.gov and sec.gov.Conclusion: Terrence Chalk Is A FraudThe report on SEC clearly suggests that Terrence Chalk never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Terrence Chalk or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

CURATIVE BIOSCIENCES (HEALTHIENT INC)
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Curative Biosciences (Healthient Inc) has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Curative Biosciences (Healthient Inc)On October 26, 2020, the U.S. District Court for the Central District of California entered a final judgment, following a favorable verdict for the SEC at trial, against microcap issuer Curative Biosciences, Inc., former chairman William M. Alverson, and former CEO Katherine West Alverson for making false and misleading statements to conceal their unregistered sales of company stock.The SEC's evidence at trial showed that the Alversons directed Curative Biosciences to issue shares to third parties under the pretext that they were in payment for services rendered or in discharge of debt. In fact, the shares were to be sold in the market to unsuspecting investors, and over $4 million in proceeds was routed back to the Alversons for their personal use. The jury found that Curative Biosciences and the Alversons violated the registration requirements of Section 5 of the Securities Act of 1933 and the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and that the Alversons were liable for Curative Biosciences' violations as both control persons and aiders and abettors.The final judgment permanently enjoins the defendants from violating these provisions and orders the Alversons to pay $847,851 in disgorgement and prejudgment interest on a joint and several basis and to each pay a $640,000 civil penalty. The court imposed permanent officer-and-director and penny stock bars against the Alversons, as well as conduct-based injunctions prohibiting them from participating in the issuance, offer, or sale of any security except securities sold on a national exchange for their own accounts. The judgment also ordered relief defendants Northeast Capital Group LLC and Panacea Holdings, Inc. to pay, on a joint and several basis with the Alversons, their proportionate share of the disgorgement and prejudgment interest.In 2018, a consent judgment was entered against defendant Steven G. Patton, who cooperated with the SEC and assisted the investigation and litigation. With the entry of the judgment against Curative Biosciences and the Alversons, the SEC's litigation has concluded.Conclusion: Curative Biosciences (Healthient Inc) Is A FraudThe report on SEC clearly suggests that Curative Biosciences (Healthient Inc) never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Curative Biosciences (Healthient Inc) or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

MOHAMMED ALI RASHID
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Mohammed Ali Rashid has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Mohammed Ali RashidOn October 14, 2020, the Securities and Exchange Commission obtained a final judgment against Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., who used client assets to fund his personal lifestyle.The SEC's complaint, filed on October 25, 2017, alleged that Rashid allocated personal expenses to private equity funds that he and Apollo advised by misrepresenting the expenses as legitimate business expenses. The complaint alleged that Rashid was reimbursed for approximately $290,000 in personal expenses fraudulently disguised as legitimate business expenses, including a New Year's trip to Brazil, a friend's bachelor party and wedding, a flight to the Super Bowl, and numerous dinners with friends and family at high-end Manhattan restaurants.On September 23, 2020, after a nine-day bench trial at which 33 witnesses testified, the district court found that Rashid had engaged in a pattern of repeatedly, knowingly and falsely describing personal expenses as business expenses and had violated Section 206(2) of the Investment Advisers Act of 1940. The court entered a final judgment that permanently enjoins Rashid from violating the antifraud provisions of Section 206(2) of the Advisers Act and orders Rashid to pay a civil penalty of $240,000. Prior to the filing of the SEC's complaint, Rashid repaid Apollo for the ill-gotten funds and Apollo reimbursed the affected funds.Conclusion: Mohammed Ali Rashid Is A FraudThe report on SEC clearly suggests that Mohammed Ali Rashid never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Mohammed Ali Rashid or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

HUGHE DUWAYNE GRAHAM, DONALD LEE HOWARD & LARRY LOUIS MATYAS
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Hughe Duwayne Graham, Donald Lee Howard & Larry Louis MatyasThe Securities and Exchange Commission charged Hughe Duwayne Graham, Donald Lee Howard, and Larry Louis Matyas, with acting as unregistered brokers in the sale of the securities of microcap issuer US Lighting Group, Inc.According to the SEC's complaint, from at least October 2017 through at least May 2019, Graham, Howard and Matyas solicited investments in US Lighting Group by cold calling and emailing prospective investors, sending the investors subscription agreements, and instructing investors as to how to make their investment. The complaint alleges that they received commission payments of approximately 40% of investor proceeds from sales of US Lighting Group securities. According to the complaint, none of the defendants were registered as a broker-deal or associated with a registered broker-dealer at the time.The SEC's complaint, filed in the federal district court for the Northern District of Ohio, charges Graham, Howard and Matyas with violating the broker-dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934. Matyas has consented, on a neither-admit-nor-deny basis, to the entry of a judgment that imposes permanent injunctions, conduct-based injunctions from soliciting purchases or sales of securities, and a civil penalty of $367,916. The settlement is subject to court approval.The SEC's investigation was conducted by James Thibodeau and Laurie Abbott, was assisted by David Whipple and Casey Fronk, and was supervised by Amy Oliver, Assistant Director, and Daniel Wadley, Regional Director of the Salt Lake Regional OfficeConclusion: Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas Is A FraudThe report on SEC clearly suggests that Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

ROBERT C. MORGAN
 

Today, The Smart Investor Feed brings you another morally reprehensible fraud.Robert C. Morgan has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:Full Report On Robert C. MorganOn November 6, 2020, the U.S. District Court for the Western District of New York entered a final judgment on consent against Robert C. Morgan, a New York residential and commercial real estate developer whom the Securities and Exchange Commission had charged with securities fraud in connection with a real estate investment scheme.The SEC's complaint, filed on May 22, 2019, alleges that Morgan sold securities to more than 200 retail investors, many of whom invested through their retirement accounts. According to the complaint, although Morgan represented to investors that their money would be used to improve multifamily properties, Morgan and two entities he controlled instead diverted investor funds to facilitate payments to earlier investors, and made misrepresentations to later investors about prior fund performance. Upon filing this action, the SEC obtained emergency relief including the imposition of a temporary restraining order and the appointment of a receiver responsible for maximizing the monetary recovery for investors. Earlier this year, the receiver returned the more than $63 million in principal owed to the investors the SEC alleges were harmed by Morgan's fraud. The receiver's application to return an additional $3.3 million to these investors was granted on November 6, 2020.Without admitting or denying the SEC's allegations, Morgan consented to the entry of a final judgment imposing an injunction against any future violations of the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Subsequent to the filing of the complaint and the imposition of the temporary restraining order, Morgan liquidated assets to generate the more than $66 million the receiver collected and distributed, or has received court authorization to distribute, to harmed investors. The settlement with Morgan does not include any additional monetary relief.Conclusion: Robert C. Morgan Is A FraudThe report on SEC clearly suggests that Robert C. Morgan never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.Help Us Fight These CriminalsDo you have evidence against Robert C. Morgan or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.Full Disclosure: We sourced this piece of information from the SEC database

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