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Tuesday, February 09, 2016 11:08:27 PM
https://www.sec.gov/litigation/litreleases/2015/lr23208.htm
The Commission's complaint, filed on November 17, 2014, alleged that Noel defrauded investors by issuing false and misleading press releases portraying his purported marketing and infomercial company YesDTC Holdings, Inc. as a successful venture in order to drive the stock price up. Noel then covertly sold millions of shares into the public market at the inflated price and reaped more than $300,000 in illicit profits. To conceal his sales, Noel sold the shares through a company he created in his daughter's name without disclosing NOTE:>>>>>as required<<<<< that he was actually selling the shares.
Remember Noel was BIELs IR for those same years outlined in the complaint by the SEC. Birds of a feather....
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