SEC orders CROWD1 to stop illegal investment scheme

SEC orders CROWD1 to stop illegal investment scheme

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has directed CROWD1 Asia Pacific Inc. to immediately stop its “fraudulent” investing-taking activities under a scheme disguised as a digital marketing business. In an order issued on May 12, the SEC issued a cease and desist order (CDO) to CROWD1, under pain of […]
SEC orders CROWD1 to stop illegal investment scheme

SEC flags more illegal investment schemes

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has exposed a new batch of scammers peddling illegal get-rich-quick investment schemes while the nation is suffering from the COVID-19 pandemic. The SEC issued on April 28 a new...
SEC orders CROWD1 to stop illegal investment scheme

SEC orders closure of 4 illegal online lending apps

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has directed four online lending platforms to stop offering loans to the public, citing lack of license, failure to disclose pertinent information and abusive practices. The SEC...
SEC orders CROWD1 to stop illegal investment scheme

SEC flags illegal “reseller” schemes

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has urged the investing public to be wary of individuals or groups hawking reseller business partnerships that may only be a front for unauthorized investment schemes.   In...
SEC orders CROWD1 to stop illegal investment scheme

SEC flags 5 illegal investment schemes

Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission has flagged five more entities that are illegally soliciting investments from the public, taking advantage of the current COVID-19 pandemic. In separate advisories dated April 7, the...