SEC Shuts Down $345 Million Fraud and Obtains Asset Freeze

U.S. Securities and Exchange Commission press release --------- The Securities and Exchange Commission announced on Wednesday it had obtained a court order halting an ongoing Ponzi-like scheme that raised more than $345 million from over 230 investors across the U.S. The SEC also obtained an emergency asset freeze and the appointment of a receiver. To learn more click on the picture below to read the release.