Fraud & Scandals

SEC Charges Unregistered Penny Stock Dealer

March 24, 2020/US SEC The Securities and Exchange Commission today announced charges against Justin W. Keener d/b/a JMJ Financial for failing to register as a securities dealer with the SEC. Keener allegedly bought and sold billions of newly issued shares of penny stock, generating millions of dollars in profits. The […]

SEC Awards Over $570,000 to Two Whistleblowers

March 24, 2020/US SEC The Securities and Exchange Commission today announced awards totaling over $570,000 to two whistleblowers who provided significant information and assistance that helped the Commission bring multiple successful enforcement actions.  The first whistleblower received an award of approximately $478,000 and the second whistleblower received an award of […]