by Jeff Pederson | Aug 26, 2025 | SEC Allegations
Investment advisor James Burleson is accused of “cherry picking” where he keeps the decent performing investments for his own account. On August 6, 2025, the SEC obtained a final judgment against James Burleson, who was the managing partner of the...
by Jeff Pederson | Aug 19, 2025 | SEC Allegations
Stephen Swenson stole investor funds to support his mistresses and left his widow to pay the SEC. On July 31, 2025, the late wife of Stephen Swenson agreed to payback funds she received as part of her late husband’s scheme. She did this to settle SEC charges....
by Jeff Pederson | Aug 18, 2025 | SEC Allegations, Uncategorized
The SEC alleges that Jordan Chirico failed to disclose substantial conflicts of interest. Jordan Chirico of Jefferies Financial Group is accused by the SEC of violating fiduciary duties by investing clients in a Ponzi-like scheme. The SEC asserts, in a complaint in...
by Jeff Pederson | Aug 6, 2025 | SEC Allegations, Uncategorized
CNBC analyst and former fugitive James McDonald sentenced for securities fraud. On August 4, 2025, federal prosecutors sentenced James McDonald, the former CNBC financial analyst, to 60 months in prison. McDonald previously pled guilty to one count of securities...
by Jeff Pederson | Jul 22, 2025 | SEC Allegations
Edwin Emmett Lickiss is accused taking millions of dollars from dozens of people. On or about July 21, 2025, a federal grand jury in Oakland, California indicted Edwin Emmett Lickiss, Jr., on one count of wire fraud and one count of money laundering in connection with...
by Jeff Pederson | Jul 20, 2025 | SEC Allegations
Andrew Jacobus is alleged to have victimized Venezuelans in a Ponzi scheme. Andrew H. Jacobus “induced” dozens of Venezuelans and a Catholic dioceses to invest $94 million into investments that constituted a Ponzi scheme. This information was initially reported in the...
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