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Tag Archives: securities and exchange commission

Panel awards $1.5 million to man wrongfully involved in SEC case (access required)

A Pikesville man obtained a $1.5 million award against his broker Wednesday after an arbitration panel determined the broker was liable for wrongfully involving him in Securities and Exchange Commission litigation. The SEC previously dismissed fraud charges against Jonathan Feldman ...

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Defendant in $364 million Ponzi scheme case seeks dismissal of SEC charges (access required)

One of the defendants charged criminally in a $364 million Ponzi scheme is asking a federal judge to dismiss the Securities and Exchange Commission civil complaint or transfer the case to a different court. Jay B. Ledford is one of ...

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Jury conjures guilty verdict in Maryland woman’s fraud trial (access required)

U.S. District Court Greenbelt

An investment adviser was convicted Wednesday of charges she defrauded investors out of millions of dollars, some of which she used to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators.

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Jury deliberating in fraud trial of Ponzi scheme suspect (access required)

GREENBELT — A federal jury began deliberating Tuesday in the trial of an investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme to finance her lavish lifestyle, including spending more than $800,000 for prayers by Hindu priests in India. At ...

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Ponzi scheme suspect paid $720K for prayers amid SEC probe (access required)

An investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme spent nearly three-quarters of a million dollars on prayers by Hindu priests in India to ward off a federal investigation and save her failing business, according to testimony at her trial this week.

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