$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.
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…