$80 Million Equity Crowdfunding Fraud: SEC Charges 8 in Reg A Pay-To-Play Scheme

The complaint alleges Palm Beach Ventures newsletter and several Reg A issuers of engaging in a massive pay-to-play scheme.

Photo by Kenny Eliason on Unsplash

The SEC recently filed a 30-page complaint in federal court alleging 8 individuals of conspiring in an elaborate $80 million equity crowdfunding fraud, including writers of the newsletter and several Reg A…



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Caleb Naysmith

Head of Startup News at Benzinga, Founder of Democratizing.Finance — Law School student, Army Officer, and writing about Startups and Equity Crowdfunding!