Cannabis Investment Fund and Founder Charged in Fraudulent Scheme
On September 5, 2018, the Securities and Exchange Commission announced that it charged a Texas-based investment fund and its founder with defrauding investors with false promises of massive returns in cannabis-related businesses. The SEC also issued an alert to warn retail investors... Read More →
More Than $54 Million Awarded to SEC Whistleblowers
On September 6, 2018, the Securities and Exchange Commission announced that it is awarding more than $39 million to one whistleblower and more than $15 million to another whose critical information and continued assistance helped the agency bring an important... Read More →
Fraudulent Debt Collectors Banned from Debt Collection Business
On September 7, 2018, the FTC reported that the operators of a Georgia-based debt collection business that allegedly used false claims and threats to get people to pay debts – including debts they did not owe or that the defendants... Read More →