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Re: scion post# 99738

Tuesday, 11/24/2015 7:26:39 AM

Tuesday, November 24, 2015 7:26:39 AM

Post# of 220897
The court entered a final default judgment against Canceli that permanently enjoins him from violating Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder; orders disgorgement of $267,453, prejudgment interest of $117,894, and a civil penalty of $267,453; and bars Canceli from participating in any offering of a penny stock.

The SEC thanks the following agencies for their cooperation and assistance in connection with this matter: the U.S. Attorney's Office for the District of Delaware; the Delaware State Police; United States Immigration and Customs Enforcement, Department of Homeland Security, Homeland Security Investigations; and the Department of the Treasury, Internal Revenue Service, Criminal Investigation.

For further information, see Litigation Release Nos. 21053 (May 21, 2009), 21463 (March 29, 2010), 22256 (Feb. 10, 2012), 22421 (July 25, 2012), 22626 (Feb. 27, 2013), 23348 (Sept. 15, 2015), and 23350 (Sept. 16, 2015).




http://www.sec.gov/litigation/litreleases/2015/lr23412.htm

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