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Pennyes

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Pennyes

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Tuesday, 05/31/2022 5:29:19 PM

Tuesday, May 31, 2022 5:29:19 PM

Post# of 79
Penny Stock Fraud & SEC investigation leads to charging penny companies and others of multimillion dollar!!

Press Release
SEC Charges Penny Stock Company, CEO and Others with Multi-Million Dollar Fraud

FOR IMMEDIATE RELEASE
2021-153

Washington D.C., Aug. 16, 2021 —

The Securities and Exchange Commission today announced it charged an issuer, its CEO, and six other entities and individuals with participating in a penny stock fraud scheme. The SEC also charged certain of the participants with operating as unregistered dealers, and obtained emergency relief to halt their ongoing conduct.
https://www.sec.gov/news/press-release/2021-153
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