Yoomi Lee | Bloomberg LawSEC v. Eric J. Aronson, No. 11-CV-07033 (S.D.N.Y. filed Oct. 6, 2011); SEC Press Release No. PR-2011-201 (Oct. 6, 2011) The U.S. District Court for the Southern District of New York granted the Securities and Exchange Commission's (SEC) request for an emergency court order to halt a ponzi scheme that defrauded at least 140 investors out of approximately $26 million.
Alleged Ponzi Scheme
Federal Securities Violations
To view additional stories from Bloomberg Law® request a demo now