Securities and Exchange Commission v. Jeffre James and Saint James Holding and Investment Company Trust, No. 2:18-mc-00135 (C.D. Cal. filed October 5, 2018)
WY SOS still showing Jeffre James as a CEO! Thanks
Didn’t they claim $100,000,000 the last time they pumped Saint James??!
the SEC has reason to believe that to "pump" its stock price, Cherubim issued false public statements in January 2018 claiming that the company had executed a $100,000,000 financing commitment to launch an initial coin offering ("ICO") for St. James Trust.
And it sounds like they were not quite cooperating with the SEC at that time either:
According to the SEC's application, the SEC made multiple attempts to contact James, extended its deadline for responding to the subpoenas several times, and personally served James with copies of the subpoenas. James and St. James Trust, however, have not responded to the SEC or produced any documents responsive to the subpoenas.
I’d like to see those tweets that said everything was fine.