Bancorp International Group Inc (fka BCIT)

[janice shell]

Todd Lahr has settled the SEC action brought against him and Megas in March of this year. The SEC has also permanently suspended Lahr from practicing as an attorney before the Commission.

The SEC's litigation against Megas continues.

https://www.sec.gov/litigation/litreleases/2020/lr24843.htm

https://www.sec.gov/litigation/admin/2020/34-89139.pdf

Lahr pled guilty in the DOJ's criminal case in late April:

https://www.justice.gov/usao-edpa/pr/lehigh-valley-attorney-pleads-guilty-orchestrating-27-million-ponzi-scheme-targeted-his

He'll be sentenced on 3 August:

https://www.justice.gov/opa/pr/pennsylvania-attorney-pleads-guilty-role-27-million-ponzi-scheme

Lahr has also been disbarred by the Commonwealth of Pennsylvania:

http://www.pacourts.us/assets/opinions/DisciplinaryBoard/out/66DB2020-Lahr.pdf

Seems he chose to consent to the disbarment.