A.G. Schneiderman Announces Felony Charges Against Tech Firm And Former Chief Executive Officer For
A.G. Schneiderman's office press release ------ Attorney General Eric T. Schneiderman announced today the unsealing of a multi-count indictment charging Freevi Corp., d/b/a Sungame Corp. (“Sungame”), and former Sungame Chief Executive Officer Neil Chandran in an alleged scheme to steal hundreds of thousands of dollars from unwitting investors by soliciting investments in computer tablets which supposedly were able to display content in 3D. Sungame is a publicly-traded Las Vegas, Nevada-based technology firm trading under symbol “SGMZ. Chandran’s alleged scheme brought in hundreds of thousands of dollars from a single victim in 2014 alone, resulting in a Nassau County grand jury indicting Chandran on felony charges of Grand Larceny and Forgery, as well as securities fraud under the Martin Act. If convicted, Chandran faces up to 15 years in prison. The Attorney General’s investigation into Chandran’s potential theft of millions of dollars from dozens of other victims throughout New York State is ongoing. To learn more click on the picture below to read the release.